Tidal Trust Ii Etf Profile
| BIGY Etf | USD 50.34 0.33 0.65% |
Performance9 of 100
| Odds Of DistressLess than 9
|
Tidal Trust is trading at 50.34 as of the 30th of November 2024; that is 0.65 percent decrease since the beginning of the trading day. The etf's open price was 50.67. Tidal Trust has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during 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 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
The index is a rules-based index that consists of globally-listed stocks and depositary receipts of companies that, at the time of being added to the index, derive at least 50 percent of their revenues or operating activity from solutions for the creation, management, analysis, storage, or transmission of large sets of data as determined by the index provider. More on Tidal Trust II
Moving against Tidal Etf
Tidal Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Strategy ETFs, Large Cap ETFs, Technology, Defiance ETFs (View all Sectors) |
| Issuer | Elevate Shares |
| Inception Date | 2024-11-18 |
| Entity Type | Regulated Investment Company |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Large Cap |
| 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 | Jay Pestrichelli, Qiao Duan, Christopher Mullen |
| Transfer Agent | U.S. Bancorp Fund Services, LLC |
| Fiscal Year End | 31-Jul |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 130 |
| Total Expense | 0.99 |
| Management Fee | 0.99 |
| Average Daily Volume In Three Month | 2.26k |
| Average Daily Volume Last 10 Day | 1.07k |
Tidal Trust II [BIGY] is traded in USA and was established 2021-07-13. The fund is listed under Technology category and is part of Defiance ETFs family. The entity is thematically classified as Strategy ETFs. Tidal Trust II currently have 2.35 M in assets under management (AUM).
Check Tidal Trust Probability Of Bankruptcy
Tidal Trust II Risk Profiles
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.
| Risk Adjusted Performance | 0.2088 | |||
| Jensen Alpha | 0.067 | |||
| Total Risk Alpha | 0.0236 | |||
| Treynor Ratio | (7.85) |
Tidal Trust Against Markets
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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.