Tidal Trust Price To Earning vs. Beta

HF Etf  USD 7.10  16.02  69.29%   
Based on Tidal Trust's profitability indicators, Tidal Trust II may not be well positioned to generate adequate gross income at the present time. It has a very high likelihood of underperforming in January. Profitability indicators assess Tidal Trust's ability to earn profits and add value for shareholders.
For Tidal Trust profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Tidal Trust to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Tidal Trust II utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Tidal Trust's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Tidal Trust II over time as well as its relative position and ranking within its peers.
  
Check out Risk vs Return Analysis.
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.

Tidal Trust II Beta vs. Price To Earning Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Tidal Trust's current stock value. Our valuation model uses many indicators to compare Tidal Trust value to that of its competitors to determine the firm's financial worth.
Tidal Trust II is one of the top ETFs in price to earning as compared to similar ETFs. It also is one of the top ETFs in beta as compared to similar ETFs totaling about  0.13  of Beta per Price To Earning. The ratio of Price To Earning to Beta for Tidal Trust II is roughly  7.50 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Tidal Trust by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Tidal Beta vs. Price To Earning

Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.

Tidal Trust

P/E

 = 

Market Value Per Share

Earnings Per Share

 = 
14.48 X
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.

Tidal Trust

Beta

 = 

Covariance

Variance

 = 
1.93
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.

Tidal Beta Comparison

Tidal Trust is currently under evaluation in beta as compared to similar ETFs.

Beta Analysis

As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Tidal Trust will likely underperform.

Tidal Trust Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Tidal Trust, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Tidal Trust will eventually generate negative long term returns. The profitability progress is the general direction of Tidal Trust's change in net profit over the period of time. It can combine multiple indicators of Tidal Trust, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
HFF, Inc. provides commercial real estate and capital market services to the consumers and providers of capital in the commercial real estate industry in the United States. As of July 1, 2019, HFF, Inc. operates as a subsidiary of Jones Lang LaSalle Incorporated. HFF operates under Real Estate Services classification in USA and is traded on BATS Exchange. It employs 1080 people.

Tidal Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Tidal Trust. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Tidal Trust position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Tidal Trust's important profitability drivers and their relationship over time.

Use Tidal Trust in pair-trading

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.

Tidal Trust Pair Trading

Tidal Trust II Pair Trading Analysis

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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Tidal Trust position

In addition to having Tidal Trust in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Steel Works Etc Thematic Idea Now

Steel Works Etc
Steel Works Etc Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Steel Works Etc theme has 54 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Steel Works Etc Theme or any other thematic opportunities.
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Check out Risk vs Return Analysis.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
To fully project Tidal Trust's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Tidal Trust II at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Tidal Trust's income statement, its balance sheet, and the statement of cash flows.
Potential Tidal Trust investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Tidal Trust investors may work on each financial statement separately, they are all related. The changes in Tidal Trust's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Tidal Trust's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.