Tidal Trust Ii Etf Profile
PLTY Etf | 67.37 0.45 0.67% |
Performance11 of 100
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Tidal Trust is trading at 67.37 as of the 30th of November 2024; that is 0.67 percent increase since the beginning of the trading day. The etf's open price was 66.92. Tidal Trust has 50 percent odds of going through some form of financial distress in the next two years but had a very good returns 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.
IPO Date 8th of October 2024 |
Tidal Etf Highlights
Thematic Ideas | (View all Themes) |
Business Concentration | Single Stock ETFs, Strategy ETFs (View all Sectors) |
Issuer | Elevate Shares |
Inception Date | 2024-10-07 |
Entity Type | Regulated Investment Company |
Asset Type | Equity |
Category | Strategy |
Focus | Single Stock |
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-Oct |
Exchange | NYSE Arca, Inc. |
Number of Constituents | 17.0 |
Market Maker | Susquehanna |
Total Expense | 0.99 |
Management Fee | 0.99 |
Name | Tidal Trust II |
Currency Code | USD |
Code | PLTY |
Country Name | USA |
Open Figi | BBG01Q6DWBN1 |
Updated At | 13th of October 2024 |
Currency Name | US Dollar |
Type | Common Stock |
I P O Date | 8th of October 2024 |
Is Delisted | false |
Tidal Trust II [PLTY] is traded in USA and was established null. The fund is not categorized under any group at this time. The fund at this time have in assets.
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 | 0.1228 | |||
Jensen Alpha | 2.66 | |||
Total Risk Alpha | (0.38) | |||
Sortino Ratio | 1.2 |
Tidal Trust Against Markets
Check out Your Equity Center 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 closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
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.