Defiance Quantum Etf Performance
| QTUM Etf | USD 77.64 3.15 4.23% |
The etf shows a Beta (market volatility) of 0.96, which means possible diversification benefits within a given portfolio. Defiance Quantum returns are very sensitive to returns on the market. As the market goes up or down, Defiance Quantum is expected to follow.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Defiance Quantum ETF are ranked lower than 20 (%) of all global equities and portfolios over the last 90 days. In spite of very fragile basic indicators, Defiance Quantum displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Orange To Delist From NYSE To Reduce Financial Burdens - Benzinga | 09/25/2024 |
2 | Qtum Price Reaches 2.56 on Major Exchanges | 10/21/2024 |
3 | Qtum Trading Down 5.3 percent Over Last 7 Days | 10/31/2024 |
4 | test 2 good 2 be true | 11/21/2024 |
| In Threey Sharp Ratio | 0.34 |
Defiance |
Defiance Quantum Relative Risk vs. Return Landscape
If you would invest 6,023 in Defiance Quantum ETF on September 16, 2024 and sell it today you would earn a total of 1,741 from holding Defiance Quantum ETF or generate 28.91% return on investment over 90 days. Defiance Quantum ETF is currently generating 0.4028% in daily expected returns and assumes 1.5268% risk (volatility on return distribution) over the 90 days horizon. In different words, 13% of etfs are less volatile than Defiance, and 92% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Defiance Quantum Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Defiance Quantum's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Defiance Quantum ETF, and traders can use it to determine the average amount a Defiance Quantum'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 = 0.2638
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.53 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.4 actual daily | 7 93% 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.
Defiance Quantum Fundamentals Growth
Defiance Etf prices reflect investors' perceptions of the future prospects and financial health of Defiance Quantum, and Defiance Quantum 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 | 99.47 M | |||
About Defiance Quantum Performance
By examining Defiance Quantum's fundamental ratios, stakeholders can obtain critical insights into Defiance Quantum'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 Quantum 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 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.| Latest headline from crypto-news.net: test 2 good 2 be true | |
| The fund maintains 99.52% of its assets in stocks |
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 Equity Valuation module to check real value of public entities based on technical and fundamental data.
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.