Defiance Quantum Financials
| QTUM Etf | USD 77.64 3.15 4.23% |
Net Expense Ratio 0.004 | 3 y Sharp Ratio 0.34 |
Defiance |
The data published in Defiance Quantum's official financial statements typically reflect Defiance Quantum'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 Quantum's quantitative information. For example, before you start analyzing numbers published by Defiance accountants, it's essential to understand Defiance Quantum's liquidity, profitability, and earnings quality within the context of the Defiance ETFs space in which it operates.
Defiance Quantum Etf Summary
Defiance Quantum competes with Global X, Quantum Computing, and Innovator Loup. The fund uses a passive management approach to track the total return performance, before fees and expenses, of the index. Defiance Quantum is traded on NYSEARCA Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US26922A4206 |
| CUSIP | 26922A420 |
| Region | Global |
| Investment Issuer | Defiance ETFs |
| Etf Family | Defiance ETFs |
| Fund Category | Strategy |
| Portfolio Concentration | Theme |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
Defiance Quantum Key Financial Ratios
Defiance Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Defiance Quantum's current stock value. Our valuation model uses many indicators to compare Defiance Quantum value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Defiance Quantum competition to find correlations between indicators driving Defiance Quantum's intrinsic value. More Info.Defiance Quantum ETF is rated fourth largest ETF in beta as compared to similar ETFs. It is presently regarded as number one ETF in one year return as compared to similar ETFs reporting about 35.90 of One Year Return per Beta. Comparative valuation analysis is a catch-all technique that is used if you cannot value Defiance Quantum by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Defiance Quantum ETF Systematic Risk
Defiance Quantum's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Defiance Quantum 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 Quantum ETF correlated with the market. If Beta is less than 0 Defiance Quantum generally moves in the opposite direction as compared to the market. If Defiance Quantum Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Defiance Quantum ETF is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Defiance Quantum is generally in the same direction as the market. If Beta > 1 Defiance Quantum moves generally in the same direction as, but more than the movement of the benchmark.
Defiance Quantum Thematic Clasifications
Defiance Quantum ETF is part of several thematic ideas from Strategy ETFs to Theme 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 Quantum December 15, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Defiance Quantum help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Defiance Quantum ETF. We use our internally-developed statistical techniques to arrive at the intrinsic value of Defiance Quantum ETF 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 Quantum's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.33 | |||
| Information Ratio | 0.2036 | |||
| Maximum Drawdown | 6.98 | |||
| Value At Risk | (2.16) | |||
| Potential Upside | 3.15 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Defiance Quantum ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in employment. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
The market value of Defiance Quantum ETF 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 Quantum's value that differs from its market value or its book value, called intrinsic value, which is Defiance Quantum'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 Quantum's market value can be influenced by many factors that don't directly affect Defiance Quantum'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 Quantum's value and its price as these two are different measures arrived at by different means. Investors typically determine if Defiance Quantum is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Defiance Quantum'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.