Tidal Trust III - Rockefeller New York Municipal Bond ETF (RMNY) has a profit margin of -39.32%, below the sector sector average of 13.09%.
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+ FollowAs of Jan 2017
Trailing 12 months ending Jan 2017
Tidal Trust III - Rockefeller New York Municipal Bond ETF posts a profit margin of -39.32% as of January 2017. That compares with -37.26% in the prior-year period — down 5.5% year over year. That is below the sector sector average of 13.09%. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.
In the prior comparable period, Tidal Trust III - Rockefeller New York Municipal Bond ETF's profit margin was -37.26%. The latest reading is -39.32% — a 5.5% year-over-year decrease (period ending January 2017). Use the history and growth charts on this page for a longer lookback.
For its sector stocks, a profit margin near 13.09% is typical. Tidal Trust III - Rockefeller New York Municipal Bond ETF's -39.32% is lower that level. That is roughly 400.4% below the sector mean. Whether that is a warning or an opportunity depends on growth outlook and other fundamentals shown elsewhere on Stockcircle.
Tidal Trust III - Rockefeller New York Municipal Bond ETF's profit margin moves when the underlying profit, equity, or asset base changes. Cost cuts, pricing power, buybacks, write-downs, and cyclical swings can all shift the percentage. The latest reading is -39.32% as of January 2017; use YoY and peer views to separate noise from signal.
Context for RMNY's profit margin usually means three checks: (1) trend versus prior periods, (2) level versus peers (average 13.09%), and (3) consistency with growth and profitability. This page covers the first two; Tidal Trust III - Rockefeller New York Municipal Bond ETF's other metric pages and overview cover the third.