Defiance Financial Statements From 2010 to 2026
| AIPO Etf | 24.74 0.19 0.77% |
Check Defiance financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Defiance's main balance sheet or income statement drivers, such as , as well as many indicators such as . Defiance financial statements analysis is a perfect complement when working with Defiance Valuation or Volatility modules.
Defiance | Build AI portfolio with Defiance Etf |
Pair Trading with Defiance
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Defiance position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Defiance will appreciate offsetting losses from the drop in the long position's value.Moving together with Defiance Etf
| 0.73 | VGT | Vanguard Information | PairCorr |
| 0.78 | XLK | Technology Select Sector | PairCorr |
| 0.71 | IYW | iShares Technology ETF | PairCorr |
| 0.64 | SMH | VanEck Semiconductor ETF | PairCorr |
| 0.66 | SOXX | iShares Semiconductor ETF | PairCorr |
The ability to find closely correlated positions to Defiance could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Defiance when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Defiance - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Defiance AI Power to buy it.
The correlation of Defiance is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Defiance moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Defiance AI Power moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Defiance can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Defiance Correlation against competitors. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
The market value of Defiance AI Power 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's value that differs from its market value or its book value, called intrinsic value, which is Defiance's true underlying value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Because Defiance's market value can be influenced by many factors that don't directly affect Defiance's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Understanding that Defiance's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Defiance represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Meanwhile, Defiance's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.