Defiance Quantum Etf Price on May 5, 2023
| QTUM Etf | USD 77.64 3.15 4.23% |
Below is the normalized historical share price chart for Defiance Quantum ETF extending back to September 05, 2018. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Defiance Quantum stands at 77.64, as last reported on the 16th of December 2024, with the highest price reaching 77.67 and the lowest price hitting 74.99 during the day.
If you're considering investing in Defiance Etf, it is important to understand the factors that can impact its price. Defiance Quantum appears to be very steady, given 3 months investment horizon. Defiance Quantum ETF secures Sharpe Ratio (or Efficiency) of 0.26, which denotes the etf had a 0.26% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Defiance Quantum ETF, which you can use to evaluate the volatility of the entity. Please utilize Defiance Quantum's Coefficient Of Variation of 371.1, downside deviation of 1.33, and Mean Deviation of 1.13 to check if our risk estimates are consistent with your expectations.
Defiance Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 25.15 | 200 Day MA 62.4109 | 1 y Volatility 17.64 | 50 Day MA 66.4974 | Inception Date 2018-09-04 |
Defiance |
Sharpe Ratio = 0.2635
| Best Portfolio | Best Equity | |||
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| Small Returns | QTUM | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.54 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.41 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.26 actual daily | 20 80% of assets perform better |
Based on monthly moving average Defiance Quantum is performing at about 20% of its full potential. 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 Quantum by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 22.8 K |
Defiance Quantum Valuation on May 5, 2023
It is possible to determine the worth of Defiance Quantum on a given historical date. On May 5, 2023 Defiance was worth 43.03 at the beginning of the trading date compared to the closed value of 43.62. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Defiance Quantum etf. Still, in general, we apply an absolute valuation method to find Defiance Quantum's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Defiance Quantum where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Defiance Quantum's related companies.
| Open | High | Low | Close | Volume | |
| 42.73 | 42.94 | 42.66 | 42.83 | 10,125 | |
05/05/2023 | 43.03 | 43.66 | 42.96 | 43.62 | 16,143 |
| 43.58 | 43.58 | 43.35 | 43.56 | 7,071 |
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Defiance Quantum Trading Date Momentum on May 5, 2023
| On May 08 2023 Defiance Quantum ETF was traded for 43.56 at the closing time. The top price for the day was 43.58 and the lowest listed price was 43.35 . The trading volume for the day was 7.1 K. The trading history from May 8, 2023 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.14% . The overall trading delta against the current closing price is 0.05% . |
Defiance Quantum ETF Fundamentals Correlations and Trends
By evaluating Defiance Quantum's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Defiance Quantum's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Defiance financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Defiance Quantum Etf history
Defiance Quantum investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Defiance is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Defiance Quantum ETF will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Defiance Quantum stock prices may prove useful in developing a viable investing in Defiance Quantum
Defiance Quantum Etf Technical Analysis
Defiance Quantum technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Price Boundaries
Defiance Quantum Period Price Range
Low | December 16, 2024
| High |
0.00 | 0.00 |
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Defiance Quantum December 16, 2024 Market Strength
Market strength indicators help investors to evaluate how Defiance Quantum 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 Quantum shares will generate the highest return on investment. By undertsting and applying Defiance Quantum etf market strength indicators, traders can identify Defiance Quantum ETF entry and exit signals to maximize returns
Defiance Quantum Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Defiance Quantum'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 | 0.2006 | |||
| Jensen Alpha | 0.3129 | |||
| Total Risk Alpha | 0.2107 | |||
| Sortino Ratio | 0.2336 | |||
| Treynor Ratio | 0.4151 |
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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 Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
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.