Tidal ETF is trading at 20.28 as of the 28th of November 2024; that is 0.05 percent decrease since the beginning of the trading day. The etf's open price was 20.29. Tidal ETF has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for Tidal ETF Trust are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of December 2022 and ending today, the 28th of November 2024. Click here to learn more.
The fund will invest at least 80 percent of its net assets in equity securities, specifically units and shares of common stock and warrants, of U.S. Robinson Alternative is traded on NYSEARCA Exchange in the United States. More on Tidal ETF Trust
James C. Robinson, Jonathan P. Browne, Michael Venuto, Charles A. Ragauss
Transfer Agent
U.S. Bancorp Fund Services, LLC
Fiscal Year End
30-Apr
Exchange
NYSE Arca, Inc.
Number of Constituents
108
Market Maker
GTS
Total Expense
0.85
Management Fee
0.85
Country Name
USA
Returns Y T D
3.64
Currency Code
USD
Open Figi
BBG011KFSFH8
In Threey Volatility
1.07
1y Volatility
0.88
200 Day M A
20.3495
50 Day M A
20.2916
Code
SPAX
Updated At
27th of November 2024
Currency Name
US Dollar
In Threey Sharp Ratio
0.13
Type
ETF
Tidal ETF Trust [SPAX] is traded in USA and was established 2021-06-22. The fund is listed under Event Driven category and is part of Robinson Capital family. The entity is thematically classified as Small Cap ETFs. Tidal ETF Trust at this time have 26.26 M in assets. , while the total return for the last 3 years was 3.8%.
Check Tidal ETF Probability Of Bankruptcy
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 ETF. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
When determining whether Tidal ETF Trust offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tidal ETF's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tidal Etf Trust Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Tidal Etf Trust Etf:
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 closely tied with the direction of predictive economic indicators such as signals in nation.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
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.