Defiance Etfs Etf Profile
Defiance ETFs is trading at 27.68 as of the 15th of December 2024; that is 4.26 percent up since the beginning of the trading day. The etf's open price was 26.55. The performance scores are derived for the period starting the 15th of November 2024 and ending today, the 15th of December 2024. Click here to learn more.
Defiance Etf Highlights
| Old Name | ETF Series Solutions |
| Business Concentration | Materials, Metals & Mining, Materials, Materials (View all Sectors) |
| Name | ETF Series Solutions |
| Currency Code | USD |
| 50 Day M A | 17.2916 |
| Code | EVXX |
| Country Name | USA |
| Open Figi | BBG01GZGV4B4 |
| Dividend Yield | 0.0112 |
| 200 Day M A | 22.7014 |
| Updated At | 2nd of March 2024 |
| Currency Name | US Dollar |
| Type | Common Stock |
| I P O Date | 13th of June 2023 |
| Is Delisted | false |
Defiance ETFs [EVXX] is traded in USA and was established null. The fund is listed under Materials category and is part of Metals & Mining family. Defiance ETFs currently have in assets under management (AUM). with the current yeild of 0.01%.
Check Defiance ETFs Probability Of Bankruptcy
Defiance ETFs Risk Profiles
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 Defiance ETFs. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Mean Deviation | 2.31 | |||
| Semi Deviation | 1.45 | |||
| Standard Deviation | 2.82 | |||
| Variance | 7.94 |
Defiance ETFs Against Markets
Defiance ETFs Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Defiance ETFs etf to make a market-neutral strategy. Peer analysis of Defiance ETFs could also be used in its relative valuation, which is a method of valuing Defiance ETFs by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in interest. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
The market value of Defiance ETFs is measured differently than its book value, which is the value of Defiance that is recorded on the company's balance sheet. Investors also form their own opinion of Defiance ETFs' value that differs from its market value or its book value, called intrinsic value, which is Defiance ETFs' 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 Defiance ETFs' market value can be influenced by many factors that don't directly affect Defiance ETFs' 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 Defiance ETFs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Defiance ETFs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Defiance ETFs' 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.