Tidal Etf Trust Etf Price on September 28, 2020
| JOJO Etf | USD 13.64 0.10 0.73% |
If you're considering investing in Tidal Etf, it is important to understand the factors that can impact its price. As of today, the current price of Tidal ETF stands at 13.64, as last reported on the 24th of April, with the highest price reaching 13.64 and the lowest price hitting 13.63 during the day. Tidal ETF Trust owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.18, which indicates the etf had a -0.18% return per unit of risk over the last 3 months. Tidal ETF Trust exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tidal ETF's Variance of 0.3144, risk adjusted performance of (0.08), and Coefficient Of Variation of (750.14) to confirm the risk estimate we provide.
Tidal Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Tidal |
Sharpe Ratio = -0.1773
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| Negative Returns | JOJO |
Estimated Market Risk
| 0.57 actual daily | 5 95% of assets are more volatile |
Expected Return
| -0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.18 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Tidal ETF is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Tidal ETF by adding Tidal ETF to a well-diversified portfolio.
Average Mkt Cap Mil 3.7 K | Market Capitalisation {Big=0, Small=0.01075, Mega=0, Medium=0, Micro=0} |
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
About Tidal ETF Etf history
Tidal ETF investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Tidal is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tidal ETF Trust will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Tidal ETF stock prices may prove useful in developing a viable investing in Tidal ETF
Under normal circumstances, at least 80 percent of its net assets, plus borrowings for investment purposes, will be invested in credit-related securities, or ETFs that invest, under normal circumstances, at least 80 percent of their net assets, plus borrowings for investment purposes, in credit-related securities. Atac Credit is traded on NYSEARCA Exchange in the United States.
Tidal ETF Etf Technical Analysis
Tidal ETF technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Price Boundaries
Tidal ETF Period Price Range
Tidal ETF April 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Tidal ETF etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tidal ETF shares will generate the highest return on investment. By undertsting and applying Tidal ETF etf market strength indicators, traders can identify Tidal ETF Trust entry and exit signals to maximize returns
| Accumulation Distribution | 0.0762 | |||
| Daily Balance Of Power | (10.00) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 13.64 | |||
| Day Typical Price | 13.64 | |||
| Market Facilitation Index | 1.0E-4 | |||
| Price Action Indicator | (0.04) | |||
| Period Momentum Indicator | (0.10) | |||
| Relative Strength Index | 54.47 |
Tidal ETF Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tidal ETF's price direction in advance. Along with the technical and fundamental analysis of Tidal Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tidal to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.16) | |||
| Treynor Ratio | (0.23) |
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| Math Transform | ||
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| Pattern Recognition | ||
| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
Check out Risk vs Return Analysis 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 inflation. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
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.