Tidal Trust Iii Etf Performance
| GMMA Etf | 20.79 0.15 0.73% |
The entity has a beta of 0.22, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Tidal Trust's returns are expected to increase less than the market. However, during the bear market, the loss of holding Tidal Trust is expected to be smaller as well.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Tidal Trust III are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. Despite somewhat inconsistent primary indicators, Tidal Trust sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
Tidal |
Tidal Trust Relative Risk vs. Return Landscape
If you would invest 0.00 in Tidal Trust III on September 2, 2024 and sell it today you would earn a total of 2,079 from holding Tidal Trust III or generate 9.223372036854776E16% return on investment over 90 days. Tidal Trust III is currently generating 18.25% in daily expected returns and assumes 134.8309% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than Tidal, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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Tidal Trust Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tidal Trust's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Tidal Trust III, and traders can use it to determine the average amount a Tidal Trust's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1354
| Best Portfolio | Best Equity | GMMA | ||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 134.83 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Tidal Trust is performing at about 10% of its full potential. 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 Trust by adding it to a well-diversified portfolio.
About Tidal Trust Performance
By analyzing Tidal Trust's fundamental ratios, stakeholders can gain valuable insights into Tidal Trust's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Tidal Trust has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Tidal Trust has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
| Tidal Trust III is way too risky over 90 days horizon | |
| Tidal Trust III appears to be risky and price may revert if volatility continues |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Tidal Trust III. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
The market value of Tidal Trust III 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.