Yieldmax Nvda Option Etf Profile
| NVDY Etf | 25.78 0.62 2.35% |
Performance10 of 100
| Odds Of DistressLess than 10
|
YieldMax NVDA is trading at 25.78 as of the 8th of May 2024; that is -2.35 percent decrease since the beginning of the trading day. The etf's open price was 26.4. YieldMax NVDA has less than a 10 % chance of experiencing some financial distress in the next two years of operation and had a ok performance during the last 90 days. Equity ratings for YieldMax NVDA Option are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of February 2024 and ending today, the 8th of May 2024. Click here to learn more.
YieldMax NVDA is entity of United States. It is traded as Etf on NYSE ARCA exchange. More on YieldMax NVDA Option
Moving together with YieldMax Etf
| 0.71 | JEPI | JPMorgan Equity Premium | PairCorr |
| 0.89 | XYLD | Global X SP | PairCorr |
| 0.82 | DIVO | Amplify CWP Enhanced | PairCorr |
| 0.86 | RYLD | Global X Russell | PairCorr |
| 0.84 | JEPQ | JPMorgan Nasdaq Equity | PairCorr |
| 0.76 | NUSI | Nationwide Nasdaq 100 | PairCorr |
| 0.8 | KNG | FT Cboe Vest | PairCorr |
Moving against YieldMax Etf
| 0.7 | HUM | Humana Inc Financial Report 7th of August 2024 | PairCorr |
| 0.64 | FNGD | MicroSectors FANG Index | PairCorr |
YieldMax 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. YieldMax NVDA's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding YieldMax NVDA or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Ideas | (View all Themes) |
| Business Concentration | Strategy ETFs, Single Stock ETFs, Derivative Income, Metals & Mining, Materials, Materials (View all Sectors) |
| Issuer | Elevate Shares |
| Inception Date | 2023-05-10 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 461.24 Million |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Single Stock |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | Tidal ETF Services LLC |
| Advisor | Toroso Investments, LLC |
| Custodian | U.S. Bank, N.A. |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | Mick Brokaw, Jay Pestrichelli, Qiao Duan, Charles A. Ragauss |
| Transfer Agent | U.S. Bancorp Fund Services, LLC |
| Fiscal Year End | 31-Oct |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 8.0 |
| Market Maker | Wolverine Trading |
| Total Expense | 0.99 |
| Management Fee | 0.99 |
| 200 Day M A | 23.9245 |
| Country Name | USA |
| 50 Day M A | 27.5614 |
| Code | NVDY |
| Updated At | 7th of May 2024 |
| Returns Y T D | 56.42 |
| Name | YieldMax NVDA Option Income Strategy ETF |
| Currency Name | US Dollar |
| Currency Code | USD |
| Open Figi | BBG01G4W4QY9 |
| Type | ETF |
YieldMax NVDA Option [NVDY] is traded in USA and was established null. The fund is listed under Derivative Income category and is part of Metals & Mining family. The entity is thematically classified as Strategy ETFs. YieldMax NVDA Option now have in assets.
Check YieldMax NVDA Probability Of Bankruptcy
YieldMax NVDA Target Price Odds Analysis
Based on a normal probability distribution, the odds of YieldMax NVDA jumping above the current price in 90 days from now is about 17.02%. The YieldMax NVDA Option probability density function shows the probability of YieldMax NVDA etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the etf has a beta coefficient of 1.6029. This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, YieldMax NVDA will likely underperform. Additionally, yieldMax NVDA Option has an alpha of 0.4001, implying that it can generate a 0.4 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of YieldMax NVDA to move above the current price in 90 days from now is about 17.02 (This YieldMax NVDA Option probability density function shows the probability of YieldMax Etf to fall within a particular range of prices over 90 days) .
YieldMax NVDA Option Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. YieldMax NVDA market risk premium is the additional return an investor will receive from holding YieldMax NVDA long position in a well-diversified portfolio. 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 YieldMax NVDA. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although YieldMax NVDA's alpha and beta are two of the key measurements used to evaluate YieldMax NVDA's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.1054 | |||
| Jensen Alpha | 0.4001 | |||
| Total Risk Alpha | 0.1595 | |||
| Sortino Ratio | 0.1498 |
YieldMax NVDA Against Markets
Picking the right benchmark for YieldMax NVDA 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 YieldMax NVDA 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 YieldMax NVDA is critical whether you are bullish or bearish towards YieldMax NVDA Option at a given time. Please also check how YieldMax NVDA's historical prices are related to one of the top price index indicators.
Be your own money manager
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| All Next | Launch Module |
How to buy YieldMax Etf?
Before investing in YieldMax NVDA, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in YieldMax NVDA. To buy YieldMax NVDA etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of YieldMax NVDA. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase YieldMax NVDA etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located YieldMax NVDA Option etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased YieldMax NVDA Option etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as YieldMax NVDA Option, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy YieldMax Etf please use our How to Invest in YieldMax NVDA guide.
Already Invested in YieldMax NVDA Option?
The danger of trading YieldMax NVDA Option 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 YieldMax NVDA 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 YieldMax NVDA. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile YieldMax NVDA Option 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.
When determining whether YieldMax NVDA Option offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of YieldMax NVDA'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 Yieldmax Nvda Option Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Yieldmax Nvda Option Etf: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in YieldMax NVDA Option. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. Note that the YieldMax NVDA Option information on this page should be used as a complementary analysis to other YieldMax NVDA'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 the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
The market value of YieldMax NVDA Option is measured differently than its book value, which is the value of YieldMax that is recorded on the company's balance sheet. Investors also form their own opinion of YieldMax NVDA's value that differs from its market value or its book value, called intrinsic value, which is YieldMax NVDA'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 YieldMax NVDA's market value can be influenced by many factors that don't directly affect YieldMax NVDA'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 YieldMax NVDA's value and its price as these two are different measures arrived at by different means. Investors typically determine if YieldMax NVDA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, YieldMax NVDA'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.