Tidal Etf Profile


USD 17.97  0.03  0.17%   

Market Performance
0 of 100
Odds Of Distress
Less than 1
Tidal SP is trading at 17.97 as of the 30th of June 2022. This is a 0.17% increase since the beginning of the trading day. The etf's last reported lowest price was 17.95. Tidal SP has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Tidal SP Funds are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 31st of May 2022 and ending today, the 30th of June 2022. Click here to learn more.
The index includes U.S. dollar-denominated investment-grade sukuk, which are financial certificates, similar to bonds, issued in the global markets and structured to comply with Islamic religious law commonly known as Sharia and its investment principles. More on Tidal SP Funds

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Tidal SP Funds cannot be verified against its exchange. Apparently, Tidal SP is not available for investing at the moment. Please verify the symbol is currently traded on NYSEArca Exchange. If you still believe the symbol you are trying to look up is valid please let us know and we will check it as soon as possible.

Tidal SP Etf Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Tidal SP's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Tidal SP or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Tidal SP Funds is not yet fully synchronised with the market data
Tidal SP Funds is unlikely to experience financial distress in the next 2 years
The fund maintains about 98.25% of its assets in bonds
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Tidal SP's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Not RatedFairly Valued
IssuerSP Funds
DescriptionSP Funds Dow Jones Global Sukuk ETF
Inception Date2019-12-30
BenchmarkDow Jones Sukuk Total Return (ex?Reinvestment) Index
Entity TypeRegulated Investment Company
Asset Under Management50.29 Million
Asset TypeFixed Income
CategoryBroad Debt
FocusInvestment Grade
Market ConcentrationBlended Development
AdministratorTidal ETF Services LLC
AdvisorToroso Investments, LLC
CustodianU.S. Bank, N.A.
DistributorForeside Fund Services, LLC
Portfolio ManagerCharles A. Ragauss, Naushad Virji
Transfer AgentU.S. Bank, N.A.
Fiscal Year End30-Nov
ExchangeNYSE Arca, Inc.
Number of Constituents100.0
Market MakerFlow Traders
Total Expense0.65
Management Fee0.65
Nav Price18.14
Two Hundred Day Average19.16
Average Daily Volume In Three Month24.47k
Fifty Two Week Low17.84
As Of Date11th of May 2022
Average Daily Volume Last 10 Day14.01k
Fifty Two Week High20.1
One Month-2.19%
Fifty Day Average18.19
Three Month-5.12%
Tidal SP Funds [SPSK] is traded in USA and was established 2019-12-27. The fund is listed under World Bond category and is part of SP Funds family. Tidal SP Funds at this time have 46.19 M in assets. , while the total return for the last year was -7.6%.
Check Tidal SP Probability Of Bankruptcy

Tidal SP Against Markets

Picking the right benchmark for Tidal SP etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Tidal SP etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Tidal SP is critical whether you are bullish or bearish towards Tidal SP Funds at a given time.
Tidal SP Funds cannot be verified against its exchange. Apparently, Tidal SP is not available for investing at the moment. Please verify the symbol is currently traded on NYSEArca Exchange. If you still believe the symbol you are trying to look up is valid please let us know and we will check it as soon as possible.

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Be your own money manager

Our tools can tell you how much better you can do entering a position in Tidal SP without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Investing Tidal SP Funds

You need to understand the risk of investing before taking a position in Tidal SP. The danger of trading Tidal SP Funds is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Tidal SP is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Tidal SP. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Tidal SP Funds is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Additionally, take a look at World Market Map. Note that the Tidal SP Funds information on this page should be used as a complementary analysis to other Tidal SP's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

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When running Tidal SP Funds price analysis, check to measure Tidal SP's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tidal SP is operating at the current time. Most of Tidal SP's value examination focuses on studying past and present price action to predict the probability of Tidal SP's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Tidal SP's price. Additionally, you may evaluate how the addition of Tidal SP to your portfolios can decrease your overall portfolio volatility.
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The market value of Tidal SP Funds 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 SP's value that differs from its market value or its book value, called intrinsic value, which is Tidal SP'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 SP's market value can be influenced by many factors that don't directly affect Tidal SP'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 SP's value and its price as these two are different measures arrived at by different means. Investors typically determine Tidal SP value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tidal SP'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.