Tidal Trust Ii Etf Profile
| ULTY Etf | 16.30 0.90 5.84% |
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Tidal Trust is trading at 16.30 as of the 14th of May 2024; that is 5.84 percent increase since the beginning of the trading day. The etf's open price was 15.4. Tidal Trust has 50 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Equity ratings for Tidal Trust II are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 14th of February 2024 and ending today, the 14th of May 2024. Click here to learn more.
Tidal Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Tidal Trust's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Tidal Trust or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Ideas | (View all Themes) |
| Business Concentration | Strategy ETFs, Broad Equity ETFs (View all Sectors) |
| Issuer | Elevate Shares |
| Inception Date | 2024-02-29 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 81.74 Million |
| Asset Type | Equity |
| Category | Broad Equity |
| Focus | Strategy |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | Tidal ETF Services LLC |
| Advisor | Tidal Investments LLC |
| Custodian | U.S. Bank, N.A. |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | Mick Brokaw, Jay Pestrichelli, Michael Venuto, Christopher Mullen |
| Transfer Agent | U.S. Bancorp Fund Services, LLC |
| Fiscal Year End | 31-Oct |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 42.0 |
| Market Maker | Susquehanna |
| Total Expense | 1.24 |
| Management Fee | 1.24 |
| Country Name | USA |
| Code | ULTY |
| Updated At | 6th of May 2024 |
| Name | Tidal Trust II |
| Currency Name | US Dollar |
| Currency Code | USD |
| Open Figi | BBG01LQYD996 |
| Type | ETF |
Tidal Trust II [ULTY] is traded in USA and was established null. The fund is not listed under any group at this time. The fund at this time have in net assets.
Check Tidal Trust Probability Of Bankruptcy
Geographic Allocation (%)
Tidal Trust Target Price Odds Analysis
Based on a normal probability distribution, the odds of Tidal Trust jumping above the current price in 90 days from now is about 37.39%. The Tidal Trust II probability density function shows the probability of Tidal Trust etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Tidal Trust has a beta of 0.3122. This usually implies as returns on the market go up, Tidal Trust average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Tidal Trust II will be expected to be much smaller as well. Additionally, tidal Trust II has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Tidal Trust to move above the current price in 90 days from now is about 37.39 (This Tidal Trust II probability density function shows the probability of Tidal Etf to fall within a particular range of prices over 90 days) .
Tidal Trust II Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Tidal Trust market risk premium is the additional return an investor will receive from holding Tidal Trust long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Tidal Trust. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Tidal Trust's alpha and beta are two of the key measurements used to evaluate Tidal Trust's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 8.0E-4 | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.31) | |||
| Treynor Ratio | (0.11) |
Tidal Trust Against Markets
Picking the right benchmark for Tidal Trust etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Tidal Trust etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Tidal Trust is critical whether you are bullish or bearish towards Tidal Trust II at a given time. Please also check how Tidal Trust's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Tidal Trust without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy Tidal Etf?
Before investing in Tidal Trust, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Tidal Trust. To buy Tidal Trust etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Tidal Trust. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Tidal Trust etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Tidal Trust II etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Tidal Trust II etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as Tidal Trust II, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Tidal Etf please use our How to Invest in Tidal Trust guide.
Already Invested in Tidal Trust II?
The danger of trading Tidal Trust II is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Tidal Trust is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Tidal Trust. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Tidal Trust II is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Tidal Trust II is a strong investment it is important to analyze Tidal Trust's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Tidal Trust's future performance. For an informed investment choice regarding Tidal Etf, refer to the following important reports: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tidal Trust II. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
The market value of Tidal Trust II is measured differently than its book value, which is the value of Tidal that is recorded on the company's balance sheet. Investors also form their own opinion of Tidal Trust's value that differs from its market value or its book value, called intrinsic value, which is Tidal Trust's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tidal Trust's market value can be influenced by many factors that don't directly affect Tidal Trust's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tidal Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tidal Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tidal Trust's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.