Defiance ETFs Correlations
The correlation of Defiance ETFs 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 correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Defiance |
Related Correlations Analysis
| 0.74 | 0.67 | 0.34 | 0.77 | SNSR | ||
| 0.74 | 0.31 | 0.78 | 0.29 | NXTG | ||
| 0.67 | 0.31 | -0.13 | 0.75 | CLOU | ||
| 0.34 | 0.78 | -0.13 | -0.16 | SRVR | ||
| 0.77 | 0.29 | 0.75 | -0.16 | SKYY | ||
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Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
| High negative correlations
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Defiance ETFs Constituents Risk-Adjusted Indicators
There is a big difference between Defiance Etf performing well and Defiance ETFs ETF doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Defiance ETFs' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SNSR | 0.99 | (0.01) | 0.00 | 0.19 | 0.00 | 2.07 | 5.56 | |||
| NXTG | 0.74 | 0.05 | 0.11 | (1.22) | 0.98 | 1.50 | 4.67 | |||
| CLOU | 1.31 | (0.12) | 0.00 | (0.18) | 0.00 | 1.92 | 8.59 | |||
| SRVR | 0.94 | 0.05 | 0.09 | 1.87 | 1.32 | 1.82 | 5.67 | |||
| SKYY | 1.39 | (0.22) | 0.00 | 0.89 | 0.00 | 2.00 | 8.80 |
Delisting Warning - FIVG
Defiance ETFs was delisted
| The entity Defiance ETFs with a symbol FIVG was delisted from NASDAQ Exchange. Please try Defiance Connective Technologies with a symbol SIXG from now on. Check all delisted instruments accross multiple markets. |
Still Interested in Defiance ETFs?
Investing in delisted delisted etfs can be risky, as the etf is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.