Defiance Next Gen Etf Performance
| HDRO Etf | USD 31.15 0.34 1.10% |
The etf shows a Beta (market volatility) of 0.57, which means possible diversification benefits within a given portfolio. As returns on the market increase, Defiance Next's returns are expected to increase less than the market. However, during the bear market, the loss of holding Defiance Next is expected to be smaller as well.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Defiance Next Gen has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of unfluctuating performance in the last few months, the Etf's basic indicators remain very healthy which may send shares a bit higher in April 2025. The recent disarray may also be a sign of long period up-swing for the ETF investors. ...more
1 | Plug Powers Outlook Dims, Analyst Downgrades Stock On Hydrogen Policy Risks And Limited Capacity Growth | 01/27/2025 |
2 | Plug Powers 2025 Bet On ElectrolyzersJ.P. Morgan Sees Growth But Stays Conservative | 03/14/2025 |
| In Threey Sharp Ratio | -1.06 |
Defiance |
Defiance Next Relative Risk vs. Return Landscape
If you would invest 3,604 in Defiance Next Gen on December 17, 2024 and sell it today you would lose (489.00) from holding Defiance Next Gen or give up 13.57% of portfolio value over 90 days. Defiance Next Gen is currently does not generate positive expected returns and assumes 2.234% risk (volatility on return distribution) over the 90 days horizon. In different words, 19% of etfs are less volatile than Defiance, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Defiance Next Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Defiance Next's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Defiance Next Gen, and traders can use it to determine the average amount a Defiance Next's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0976
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | HDRO |
Estimated Market Risk
| 2.23 actual daily | 19 81% of assets are more volatile |
Expected Return
| -0.22 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 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.
Defiance Next Fundamentals Growth
Defiance Etf prices reflect investors' perceptions of the future prospects and financial health of Defiance Next, and Defiance Next fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Defiance Etf performance.
| Total Asset | 38.44 M | |||
About Defiance Next Performance
By examining Defiance Next's fundamental ratios, stakeholders can obtain critical insights into Defiance Next's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Defiance Next is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
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.| Defiance Next Gen generated a negative expected return over the last 90 days | |
| Latest headline from benzinga.com: Plug Powers 2025 Bet On ElectrolyzersJ.P. Morgan Sees Growth But Stays Conservative | |
| The fund created three year return of -37.0% | |
| Defiance Next Gen retains 99.66% of its assets under management (AUM) in equities |
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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
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.