Defiance Next Gen Etf Probability of Future Etf Price Finishing Over 36.48
| HDRO Etf | USD 37.83 0.76 2.05% |
Closest to current price Defiance long CALL Option Payoff at Expiration
Defiance |
Defiance Next Target Price Odds to finish over 36.48
The tendency of Defiance Etf price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay above $ 36.48 in 90 days |
| 37.83 | 90 days | 36.48 | about 29.75 |
Based on a normal probability distribution, the odds of Defiance Next to stay above $ 36.48 in 90 days from now is about 29.75 (This Defiance Next Gen probability density function shows the probability of Defiance Etf to fall within a particular range of prices over 90 days) . Probability of Defiance Next Gen price to stay between $ 36.48 and its current price of $37.83 at the end of the 90-day period is about 19.04 .
Given the investment horizon of 90 days Defiance Next Gen has a beta of -0.24. This usually indicates as returns on the benchmark increase, returns on holding Defiance Next are expected to decrease at a much lower rate. During a bear market, however, Defiance Next Gen is likely to outperform the market. Additionally Defiance Next Gen has an alpha of 0.0801, implying that it can generate a 0.0801 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Defiance Next Price Density |
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Predictive Modules for Defiance Next
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Defiance Next Gen. Regardless of method or technology, however, to accurately forecast the etf market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the etf market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Defiance Next Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Defiance Next is not an exception. The market had few large corrections towards the Defiance Next's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Defiance Next Gen, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Defiance Next within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.08 | |
β | Beta against Dow Jones | -0.24 | |
σ | Overall volatility | 1.90 | |
Ir | Information ratio | -0.03 |
Defiance Next Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Defiance Next for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Defiance Next Gen can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The fund created three year return of -41.0% | |
| Defiance Next Gen retains 99.66% of its assets under management (AUM) in equities |
Defiance Next Technical Analysis
Defiance Next's future price can be derived by breaking down and analyzing its technical indicators over time. Defiance Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Defiance Next Gen. In general, you should focus on analyzing Defiance Etf price patterns and their correlations with different microeconomic environments and drivers.
Defiance Next Predictive Forecast Models
Defiance Next's time-series forecasting models is one of many Defiance Next's etf analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Defiance Next's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the etf market movement and maximize returns from investment trading.
Things to note about Defiance Next Gen
Checking the ongoing alerts about Defiance Next for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Defiance Next Gen help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The fund created three year return of -41.0% | |
| Defiance Next Gen retains 99.66% of its assets under management (AUM) in equities |
Check out Defiance Next Backtesting, Portfolio Optimization, Defiance Next Correlation, Defiance Next Hype Analysis, Defiance Next Volatility, Defiance Next History as well as Defiance Next Performance. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
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.