Defiance Next Gen Etf Price on November 11, 2024
If you're considering investing in Defiance Etf, it is important to understand the factors that can impact its price. Defiance Next Gen secures Sharpe Ratio (or Efficiency) of -0.15, which denotes the etf had a -0.15 % return per unit of risk over the last 3 months. Defiance Next Gen exposes fifteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Defiance Next's Mean Deviation of 1.54, variance of 4.25, and Standard Deviation of 2.06 to check the risk estimate we provide.
Defiance Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Defiance |
Sharpe Ratio = -0.1477
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| Negative Returns | HDRO |
Estimated Market Risk
| 2.06 actual daily | 18 82% of assets are more volatile |
Expected Return
| -0.3 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Defiance Next is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Defiance Next by adding Defiance Next to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Price Boundaries
Defiance Next Period Price Range
Low | March 1, 2025
| High |
0.00 | 0.00 |
Defiance Next Gen cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Defiance Next March 1, 2025 Market Strength
Market strength indicators help investors to evaluate how Defiance Next etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Defiance Next shares will generate the highest return on investment. By undertsting and applying Defiance Next etf market strength indicators, traders can identify Defiance Next Gen entry and exit signals to maximize returns
Defiance Next Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Defiance Next's price direction in advance. Along with the technical and fundamental analysis of Defiance Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Defiance to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.10) | |||
| Jensen Alpha | (0.31) | |||
| Total Risk Alpha | (0.25) | |||
| Treynor Ratio | (2.32) |
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| Volume Indicators |
Check out Risk vs Return Analysis 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 metropolitan statistical area. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Other Tools for Defiance Etf
When running Defiance Next's price analysis, check to measure Defiance Next's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Defiance Next is operating at the current time. Most of Defiance Next's value examination focuses on studying past and present price action to predict the probability of Defiance Next's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Defiance Next's price. Additionally, you may evaluate how the addition of Defiance Next to your portfolios can decrease your overall portfolio volatility.
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
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