Defiance Next Financials
| HDRO Etf | USD 30.59 0.98 3.10% |
Net Expense Ratio 0.003 | 3 y Sharp Ratio (1.06) |
Defiance |
The data published in Defiance Next's official financial statements typically reflect Defiance Next's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Defiance Next's quantitative information. For example, before you start analyzing numbers published by Defiance accountants, it's essential to understand Defiance Next's liquidity, profitability, and earnings quality within the context of the Defiance ETFs space in which it operates.
Defiance Next Etf Summary
Defiance Next competes with Global X, Fusion Fuel, Amplify Lithium, and Global X. The index is a rules-based index that tracks the performance of a group of globally listed equity securities of companies involved in the development of hydrogen-based energy sources and fuel cell technologies. ETF Series is traded on NYSEARCA Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US26922B6002 |
| CUSIP | 26922B600 26922B436 |
| Region | Global |
| Investment Issuer | Defiance ETFs |
| Etf Family | Defiance ETFs |
| Fund Category | Sector |
| Portfolio Concentration | Energy |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
Defiance Next Key Financial Ratios
Defiance Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Defiance Next's current stock value. Our valuation model uses many indicators to compare Defiance Next value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Defiance Next competition to find correlations between indicators driving Defiance Next's intrinsic value. More Info.Defiance Next Gen is one of the top ETFs in beta as compared to similar ETFs. It also is one of the top ETFs in one year return as compared to similar ETFs . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Defiance Next's earnings, one of the primary drivers of an investment's value.Defiance Next Gen Systematic Risk
Defiance Next's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Defiance Next volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Defiance Next Gen correlated with the market. If Beta is less than 0 Defiance Next generally moves in the opposite direction as compared to the market. If Defiance Next Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Defiance Next Gen is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Defiance Next is generally in the same direction as the market. If Beta > 1 Defiance Next moves generally in the same direction as, but more than the movement of the benchmark.
Defiance Next Thematic Clasifications
Defiance Next Gen is part of several thematic ideas from Energy ETFs to Sector ETFs. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasDefiance Next March 21, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Defiance Next help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Defiance Next Gen. We use our internally-developed statistical techniques to arrive at the intrinsic value of Defiance Next Gen based on widely used predictive technical indicators. In general, we focus on analyzing Defiance Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Defiance Next's daily price indicators and compare them against related drivers.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 9.64 | |||
| Value At Risk | (4.60) | |||
| Potential Upside | 3.75 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Defiance Next Gen. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
The market value of Defiance Next Gen 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 Next's value that differs from its market value or its book value, called intrinsic value, which is Defiance Next'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 Defiance Next's market value can be influenced by many factors that don't directly affect Defiance Next'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 Defiance Next's value and its price as these two are different measures arrived at by different means. Investors typically determine if Defiance Next is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Defiance Next'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.