Defiance Competition
| FIVG Etf | USD 67.45 2.85 4.41% |
Defiance vs Global Resource Correlation
Moving together with Defiance Etf
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Defiance's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Defiance Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Defiance and its competitors represents the degree of relationship between the price movements of corresponding etfs. A correlation of about +1.0 implies that the price of Defiance and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Defiance 5G Next does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
|
Defiance Constituents Risk-Adjusted Indicators
There is a big difference between Defiance Etf performing well and Defiance ETF doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Defiance's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| NBCT | 0.74 | 0.20 | 0.12 | (28.21) | 0.60 | 1.46 | 3.82 | |||
| BRRAY | 5.76 | 1.91 | 0.18 | 0.57 | 3.11 | 17.76 | 120.98 | |||
| MSTSX | 0.66 | 0.15 | 0.19 | 0.29 | 0.27 | 1.45 | 12.28 | |||
| ABHYX | 0.07 | 0.00 | (0.33) | 0.16 | 0.00 | 0.23 | 0.92 | |||
| LBHIX | 0.13 | 0.03 | (0.38) | 0.36 | 0.00 | 0.24 | 2.20 | |||
| RRTLX | 0.28 | 0.05 | (0.02) | 0.23 | 0.00 | 0.58 | 3.30 | |||
| XTWO | 0.05 | 0.01 | (1.42) | (1.59) | 0.00 | 0.12 | 0.27 | |||
| KNF | 2.07 | 0.11 | 0.08 | 0.14 | 2.30 | 4.93 | 16.62 | |||
| KLKNF | 2.40 | 1.42 | 0.00 | (0.71) | 0.00 | 3.58 | 56.35 | |||
| GBEN | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Defiance Competitive Analysis
The better you understand Defiance competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Defiance's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Defiance's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Defiance Competition Performance Charts
Five steps to successful analysis of Defiance Competition
Defiance's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Defiance 5G Next in relation to its competition. Defiance's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Defiance in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Defiance's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Defiance 5G Next, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Complement your Defiance position
In addition to having Defiance in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Compulsion Thematic Idea Now
Compulsion
Companies involved in research, development, and manufacturing of products with compulsion characteristics such as cigarettes, addictive drugs and alcohol. The Compulsion theme has 40 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Compulsion Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Defiance Correlation with its peers.You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Understanding Defiance 5G Next requires distinguishing between market price and book value, where the latter reflects Defiance's accounting equity. The concept of intrinsic value - what Defiance's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. Market sentiment, economic cycles, and investor behavior can push Defiance's price substantially above or below its fundamental value.
Please note, there is a significant difference between Defiance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Defiance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. In contrast, Defiance's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.