fundamental analysis to find out if Tidal ETF Trust is mispriced or if you can make any profits on it by purchasing it and then waiting for the market to recognize its mistake and reprise the security. We were able to analyze five available drivers for Tidal ETF Trust, which can be compared to its competition. Please validate Tidal ETF one year return to decide if Tidal ETF is priced fairly. The etf experiences a normal downward trend and little activity. Check odds of Tidal ETF to be traded at $12.82 in 90 days. Key indicators impacting Tidal ETF's financial strength include:You can harness
Net Expense Ratio
With this module, you can analyze Tidal financials for your investing period. You should be able to track the changes in Tidal ETF individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
Understanding current and past Tidal ETF Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Tidal ETF's financial statements are interrelated, with each one affecting the others. For example, an increase in Tidal ETF's assets may result in an increase in income on the income statement.
Evaluating Tidal ETF's financials involves analyzing a range of financial metrics and ratios to gain insights into the company's financial health and performance. However, considering all of Tidal ETF's profitability, liquidity ratios, and efficiency indicators at the same time could be an enormous task, and our Financial Distress score can provide you with a snapshot of the Tidal ETF's relative financial performance
The data published in Tidal ETF's official financial statements usually reflect Tidal ETF's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Tidal ETF Trust. For example, before you start analyzing numbers published by Tidal accountants, it's critical to develop an understanding of what Tidal ETF's liquidity, profitability, and earnings quality are in the context of the Evoke space in which it operates.
Please note, the presentation of Tidal ETF's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Tidal ETF's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Tidal ETF's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Tidal ETF Trust. Please utilize our Beneish M Score to check the likelihood of Tidal ETF's management manipulating its earnings.
Tidal ETF Company SummaryTidal ETF competes with Alpha Architect, ClearShares OCIO, Collaborative Investment, Northern Lights, and SPDR SSgA. The fund is an actively-managed ETF that seeks to replicate the returns of the Advanced Research Ultra Risk Parity Index . Tidle Upar is traded on NYSEARCA Exchange in the United States.
Tidal Financial Ratios RelationshipsComparative valuation techniques use various fundamental indicators to help in determining Tidal ETF's current stock value. Our valuation model uses many indicators to compare Tidal ETF value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Tidal ETF competition to find correlations between indicators driving Tidal ETF's intrinsic value. More Info. Tidal ETF Trust is rated below average in one year return as compared to similar ETFs. It is rated first in equity positions weight as compared to similar ETFs . . Comparative valuation analysis is a catch-all model that can be used if you cannot value Tidal ETF by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Tidal ETF's Etf . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Tidal ETF's earnings, one of the primary drivers of an investment's value.
Tidal ETF Trust Systematic Risk
Tidal ETF's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Tidal ETF volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
About Tidal ETF FinancialsWhat exactly are Tidal ETF Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Tidal ETF's income statement, its balance sheet, and the statement of cash flows. Potential Tidal ETF investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Tidal ETF investors may use each financial statement separately, they are all related. The changes in Tidal ETF's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Tidal ETF's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
Steps to analyze Tidal ETF Financials for InvestingThere are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Tidal ETF is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Tidal has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if Tidal ETF's financials are consistent with your investment objective using the following steps:
- Review Tidal ETF's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
- Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
- Study the cash flow inflows and outflows to understand Tidal ETF's liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare Tidal ETF's financials to those of its peers to see how it stacks up and identify any potential red flags.
- Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Tidal ETF's stock is overvalued or undervalued.
Tidal ETF Thematic ClasificationsTidal ETF Trust is part of several thematic ideas from Global Macro ETFs to Absolute Returns ETFs. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Tidal ETF February 22, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Tidal ETF help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Tidal ETF Trust. We use our internally-developed statistical techniques to arrive at the intrinsic value of Tidal ETF Trust based on widely used predictive technical indicators. In general, we focus on analyzing Tidal Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Tidal ETF's daily price indicators and compare them against related drivers.
When determining whether Tidal ETF Trust is a strong investment it is important to analyze Tidal ETF'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 ETF'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 ETF Trust. Also, note that the market value of any ETF could be tightly coupled with the direction of predictive economic indicators such as signals in nation.Note that the Tidal ETF Trust information on this page should be used as a complementary analysis to other Tidal ETF's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
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When running Tidal ETF's price analysis, check to measure Tidal ETF's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tidal ETF is operating at the current time. Most of Tidal ETF's value examination focuses on studying past and present price action to predict the probability of Tidal ETF's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tidal ETF's price. Additionally, you may evaluate how the addition of Tidal ETF to your portfolios can decrease your overall portfolio volatility.
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The market value of Tidal ETF Trust 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 ETF's value that differs from its market value or its book value, called intrinsic value, which is Tidal ETF'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 ETF's market value can be influenced by many factors that don't directly affect Tidal ETF'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 ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tidal ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tidal ETF'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.