Defiance Next Gen Etf Alpha and Beta Analysis
| HDRO Etf | USD 37.83 0.76 2.05% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Defiance Next Gen. It also helps investors analyze the systematic and unsystematic risks associated with investing in Defiance Next over a specified time horizon. Remember, high Defiance Next's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Defiance Next's market risk premium analysis include:
Beta (0.24) | Alpha 0.0801 | Risk 2.5 | Sharpe Ratio 0.0433 | Expected Return 0.11 |
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
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Defiance Next Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Defiance Next market risk premium is the additional return an investor will receive from holding Defiance Next long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Defiance Next. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Defiance Next's performance over market.| α | 0.08 | β | -0.24 |
Defiance Next expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Defiance Next's Buy-and-hold return. Our buy-and-hold chart shows how Defiance Next performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Defiance Next Market Price Analysis
Market price analysis indicators help investors to evaluate how Defiance Next 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 Next shares will generate the highest return on investment. By understating and applying Defiance Next etf market price indicators, traders can identify Defiance Next position entry and exit signals to maximize returns.
Defiance Next Return and Market Media
The median price of Defiance Next for the period between Tue, Sep 3, 2024 and Mon, Dec 2, 2024 is 35.63 with a coefficient of variation of 5.35. The daily time series for the period is distributed with a sample standard deviation of 1.9, arithmetic mean of 35.47, and mean deviation of 1.55. The Etf did not receive any noticable media coverage during the period. Price Growth (%) |
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About Defiance Next Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Defiance or other etfs. Alpha measures the amount that position in Defiance Next Gen has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Defiance Next in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Defiance Next's short interest history, or implied volatility extrapolated from Defiance Next options trading.
Build Portfolio with Defiance Next
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Align your risk with return expectations
Check out Defiance Next Backtesting, Portfolio Optimization, Defiance Next Correlation, Defiance Next Hype Analysis, Defiance Next Volatility, Defiance Next History and analyze Defiance Next Performance. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
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.