Tidal Trust Ii Etf Return On Equity
| CGRO Etf | USD 25.09 0.96 3.98% |
Tidal Trust II fundamentals help investors to digest information that contributes to Tidal Trust's financial success or failures. It also enables traders to predict the movement of Tidal Etf. The fundamental analysis module provides a way to measure Tidal Trust's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Tidal Trust etf.
Tidal |
Tidal Trust II ETF Return On Equity Analysis
Tidal Trust's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Tidal Trust Return On Equity | -0.41 |
Most of Tidal Trust's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Tidal Trust II is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
| Competition |
Based on the latest financial disclosure, Tidal Trust II has a Return On Equity of -0.4118. This is much lower than that of the Capital Markets family and significantly lower than that of the China Region category. The return on equity for all United States etfs is notably higher than that of the company.
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Tidal Fundamentals
| Return On Equity | -0.41 | |||
| Shares Outstanding | 15.26 M | |||
| Shares Owned By Insiders | 11.02 % | |||
| Shares Owned By Institutions | 25.93 % | |||
| Number Of Shares Shorted | 1.38 M | |||
| Price To Book | 1.28 X | |||
| EBITDA | (1.13 M) | |||
| Net Income | (1.03 M) | |||
| Cash And Equivalents | 49 | |||
| Total Debt | 104.9 K | |||
| Debt To Equity | 4.42 % | |||
| Cash Flow From Operations | (753.02 K) | |||
| Short Ratio | 2.28 X | |||
| Market Capitalization | 185.37 M | |||
| Total Asset | 150.45 M | |||
| Retained Earnings | (1.03 M) | |||
| Working Capital | (25.26 K) | |||
| One Year Return | 18.40 % | |||
| Net Asset | 150.45 M |
About Tidal Trust Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Tidal Trust II's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tidal Trust using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tidal Trust II based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Tidal Trust
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Tidal Trust position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Tidal Trust will appreciate offsetting losses from the drop in the long position's value.Moving together with Tidal Etf
| 0.99 | KWEB | KraneShares CSI China Aggressive Push | PairCorr |
| 0.99 | FXI | iShares China Large Aggressive Push | PairCorr |
| 0.97 | ASHR | Xtrackers Harvest CSI | PairCorr |
| 1.0 | GXC | SPDR SP China | PairCorr |
Moving against Tidal Etf
The ability to find closely correlated positions to Tidal Trust could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tidal Trust when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Tidal Trust - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Tidal Trust II to buy it.
The correlation of Tidal Trust is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Tidal Trust moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tidal Trust II moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Tidal Trust can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Tidal Trust Piotroski F Score and Tidal Trust Altman Z Score analysis. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
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.