Defiance Next Gen Etf Price History
HDRO Etf | USD 37.83 0.76 2.05% |
If you're considering investing in Defiance Etf, it is important to understand the factors that can impact its price. As of today, the current price of Defiance Next stands at 37.83, as last reported on the 2nd of December, with the highest price reaching 37.83 and the lowest price hitting 37.41 during the day. As of now, Defiance Etf is very steady. Defiance Next Gen secures Sharpe Ratio (or Efficiency) of 0.0433, which denotes the etf had a 0.0433% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Defiance Next Gen, which you can use to evaluate the volatility of the entity. Please confirm Defiance Next's Coefficient Of Variation of 4196.35, mean deviation of 1.79, and Downside Deviation of 2.41 to check if the risk estimate we provide is consistent with the expected return of 0.11%.
Defiance Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Defiance |
Sharpe Ratio = 0.0433
Best Portfolio | Best Equity | |||
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Cash | Small Risk | HDRO | High Risk | Huge Risk |
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Estimated Market Risk
2.5 actual daily | 22 78% of assets are more volatile |
Expected Return
0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Defiance Next is performing at about 3% 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 Next by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 1.4 K |
Defiance Next Etf Price History Chart
There are several ways to analyze Defiance Next Gen Etf price data. The simplest method is using a basic Defiance candlestick price chart, which shows Defiance Next price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest Price | September 27, 2024 | 38.96 |
Lowest Price | November 13, 2024 | 30.7 |
Defiance Next December 2, 2024 Etf Price Synopsis
Various analyses of Defiance Next's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Defiance Etf. It can be used to describe the percentage change in the price of Defiance Next from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Defiance Etf.Defiance Next Price Action Indicator | 0.59 | |
Defiance Next Price Rate Of Daily Change | 1.02 | |
Defiance Next Price Daily Balance Of Power | 1.81 |
Defiance Next December 2, 2024 Etf Price Analysis
Defiance Etf Price History Data
The price series of Defiance Next for the period between Tue, Sep 3, 2024 and Mon, Dec 2, 2024 has a statistical range of 8.26 with a coefficient of variation of 5.35. Under current investment horizon, the daily prices are spread out with arithmetic mean of 35.47. The median price for the last 90 days is 35.63.Open | High | Low | Close | Volume | ||
12/02/2024 | 37.41 | 37.83 | 37.41 | 37.83 | ||
11/29/2024 | 37.41 | 37.83 | 37.41 | 37.83 | 1,066 | |
11/27/2024 | 36.45 | 37.81 | 36.45 | 37.07 | 6,946 | |
11/26/2024 | 36.57 | 36.57 | 36.02 | 36.38 | 1,401 | |
11/25/2024 | 35.66 | 36.61 | 35.66 | 36.61 | 2,669 | |
11/22/2024 | 33.69 | 34.75 | 33.69 | 34.66 | 2,600 | |
11/21/2024 | 34.04 | 34.04 | 33.74 | 33.74 | 3,404 | |
11/20/2024 | 34.00 | 34.40 | 33.97 | 34.40 | 2,803 | |
11/19/2024 | 34.29 | 34.53 | 34.29 | 34.46 | 3,623 | |
11/18/2024 | 33.29 | 35.05 | 33.09 | 34.66 | 6,511 | |
11/15/2024 | 31.50 | 33.38 | 31.50 | 32.94 | 5,710 | |
11/14/2024 | 30.47 | 31.40 | 30.27 | 30.82 | 17,218 | |
11/13/2024 | 30.53 | 30.94 | 30.53 | 30.70 | 11,631 | |
11/12/2024 | 30.78 | 31.50 | 30.65 | 30.87 | 5,382 | |
11/11/2024 | 32.45 | 32.72 | 31.92 | 32.27 | 17,459 | |
11/08/2024 | 32.44 | 32.84 | 32.30 | 32.84 | 8,313 | |
11/07/2024 | 32.54 | 32.85 | 32.54 | 32.54 | 9,015 | |
11/06/2024 | 33.28 | 33.28 | 32.28 | 32.56 | 21,460 | |
11/05/2024 | 35.50 | 35.80 | 35.28 | 35.80 | 2,477 | |
11/04/2024 | 34.71 | 35.74 | 34.71 | 35.53 | 5,608 | |
11/01/2024 | 34.44 | 34.44 | 33.78 | 33.78 | 10,268 | |
10/31/2024 | 33.94 | 33.94 | 33.44 | 33.50 | 6,621 | |
10/30/2024 | 34.04 | 34.26 | 34.04 | 34.07 | 1,140 | |
10/29/2024 | 34.36 | 34.36 | 34.35 | 34.35 | 840.00 | |
10/28/2024 | 34.26 | 34.99 | 34.26 | 34.91 | 2,939 | |
10/25/2024 | 33.97 | 34.07 | 33.63 | 33.63 | 1,591 | |
10/24/2024 | 34.04 | 34.04 | 33.64 | 33.80 | 3,651 | |
10/23/2024 | 33.84 | 33.84 | 33.84 | 33.84 | 1,200 | |
10/22/2024 | 34.59 | 34.59 | 34.51 | 34.51 | 1,721 | |
10/21/2024 | 34.92 | 34.92 | 34.57 | 34.90 | 3,149 | |
10/18/2024 | 34.80 | 35.09 | 34.71 | 35.09 | 2,505 | |
10/17/2024 | 34.79 | 34.79 | 34.37 | 34.41 | 2,467 | |
10/16/2024 | 34.90 | 34.95 | 34.76 | 34.81 | 1,699 | |
10/15/2024 | 35.14 | 35.14 | 34.78 | 34.78 | 4,748 | |
10/14/2024 | 35.47 | 35.51 | 35.36 | 35.42 | 6,051 | |
10/11/2024 | 34.78 | 35.67 | 34.78 | 35.63 | 12,122 | |
10/10/2024 | 35.32 | 35.32 | 35.20 | 35.20 | 4,926 | |
10/09/2024 | 36.31 | 36.45 | 36.09 | 36.09 | 5,400 | |
10/08/2024 | 36.87 | 36.87 | 36.64 | 36.64 | 3,384 | |
10/07/2024 | 36.91 | 37.33 | 36.85 | 37.33 | 8,909 | |
10/04/2024 | 36.96 | 37.01 | 36.48 | 36.48 | 7,438 | |
10/03/2024 | 37.28 | 37.28 | 36.48 | 37.04 | 1,438 | |
10/02/2024 | 37.20 | 37.52 | 36.88 | 37.52 | 2,825 | |
10/01/2024 | 38.32 | 38.32 | 37.08 | 37.36 | 1,863 | |
09/30/2024 | 39.12 | 39.20 | 38.64 | 38.72 | 1,275 | |
09/27/2024 | 38.00 | 39.04 | 38.00 | 38.96 | 1,813 | |
09/26/2024 | 37.60 | 38.08 | 37.36 | 37.36 | 10,750 | |
09/25/2024 | 37.20 | 37.28 | 36.48 | 36.48 | 1,725 | |
09/24/2024 | 37.20 | 37.36 | 36.88 | 37.28 | 1,313 | |
09/23/2024 | 36.64 | 37.28 | 36.64 | 36.96 | 938.00 | |
09/20/2024 | 37.36 | 37.36 | 36.24 | 36.72 | 7,613 | |
09/19/2024 | 38.72 | 38.72 | 37.76 | 37.92 | 6,738 | |
09/18/2024 | 37.76 | 38.80 | 37.44 | 38.08 | 4,000 | |
09/17/2024 | 37.20 | 38.24 | 37.20 | 37.68 | 1,588 | |
09/16/2024 | 37.36 | 37.44 | 36.80 | 37.44 | 1,325 | |
09/13/2024 | 36.88 | 37.52 | 36.88 | 37.36 | 1,325 | |
09/12/2024 | 36.64 | 36.80 | 36.32 | 36.80 | 1,725 | |
09/11/2024 | 36.16 | 36.40 | 35.45 | 36.40 | 863.00 | |
09/10/2024 | 35.28 | 35.60 | 34.80 | 35.60 | 1,313 | |
09/09/2024 | 35.20 | 35.60 | 34.88 | 35.20 | 1,350 | |
09/06/2024 | 35.84 | 36.24 | 34.62 | 34.84 | 1,888 |
About Defiance Next Etf history
Defiance Next 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 Next Gen 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 Next stock prices may prove useful in developing a viable investing in Defiance Next
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 Etf Technical Analysis
Defiance Next 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.
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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 | 0.0252 | |||
Jensen Alpha | 0.0801 | |||
Total Risk Alpha | (0.37) | |||
Sortino Ratio | (0.03) | |||
Treynor Ratio | (0.21) |
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Pattern Recognition | ||
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Volume Indicators |
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 Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
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.