Qtum Price Reaches 3.08
| QTUM Etf | USD 83.58 1.17 1.42% |
About 57% of Defiance Quantum's investor base is looking to short. The current sentiment regarding investing in Defiance Quantum ETF etf implies that many traders are alarmed. Defiance Quantum's investing sentiment overview a quick insight into current market opportunities from investing in Defiance Quantum ETF. Many technical investors use Defiance Quantum ETF etf news signals to limit their universe of possible portfolio assets and to time the market correctly.
Defiance Quantum etf news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Defiance daily returns and investor perception about the current price of Defiance Quantum ETF as well as its diversification or hedging effects on your existing portfolios.
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Qtum traded 7.3 percent higher against the dollar during the 24 hour period ending at 900 AM ET on February 18th. Qtum has a total market cap of 322.28 million and 65.40 million worth of Qtum was traded on exchanges in the last day. During the last week, Qtum has traded 13.2 percent higher against the
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Defiance Quantum Fundamental Analysis
We analyze Defiance Quantum's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Defiance Quantum using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Defiance Quantum based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Beta
Beta Comparative Analysis
Defiance Quantum is currently under evaluation in beta as compared to similar ETFs. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Defiance Quantum ETF Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Defiance Quantum etf to make a market-neutral strategy. Peer analysis of Defiance Quantum could also be used in its relative valuation, which is a method of valuing Defiance Quantum by comparing valuation metrics with similar companies.
Peers
Defiance Quantum Related Equities
| LOUP | Innovator Loup | 3.44 | ||||
| SNSR | Global X | 1.21 | ||||
| QUBT | Quantum Computing | 6.72 |
Check out Defiance Quantum Hype Analysis, Defiance Quantum Correlation and Defiance Quantum Performance. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market 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.