Defiance Next Gen Etf Buy Hold or Sell Recommendation
| HDRO Etf | USD 34.65 0.91 2.70% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Defiance Next Gen is 'Strong Sell'. The recommendation algorithm takes into account all of Defiance Next's available fundamental, technical, and predictive indicators you will find on this site.
Check out Defiance Next Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual funds such as Defiance and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards 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.
Defiance |
Execute Defiance Next Buy or Sell Advice
The Defiance recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Defiance Next Gen. Macroaxis does not own or have any residual interests in Defiance Next Gen or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Defiance Next's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Almost neglects market trends | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Not Available | Details | |
Financial Leverage | Not Rated | Details |
Defiance Next Trading Alerts and Improvement Suggestions
| Defiance Next Gen generated a negative expected return over the last 90 days | |
| The fund created three year return of -43.0% | |
| Defiance Next Gen retains 99.66% of its assets under management (AUM) in equities |
Defiance Next Returns Distribution Density
The distribution of Defiance Next's historical returns is an attempt to chart the uncertainty of Defiance Next's future price movements. The chart of the probability distribution of Defiance Next daily returns describes the distribution of returns around its average expected value. We use Defiance Next Gen price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Defiance Next returns is essential to provide solid investment advice for Defiance Next.
| Mean Return | -0.09 | Value At Risk | -3.44 | Potential Upside | 4.28 | Standard Deviation | 2.42 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Defiance Next historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Defiance Next Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Defiance Next or Defiance ETFs sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Defiance Next's price will be affected by overall etf market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Defiance etf's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.07 | |
β | Beta against Dow Jones | -0.25 | |
σ | Overall volatility | 2.43 | |
Ir | Information ratio | -0.09 |
Defiance Next Volatility Alert
Defiance Next Gen exhibits very low volatility with skewness of -0.14 and kurtosis of 2.85. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Defiance Next's etf risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Defiance Next's etf price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Defiance Next Fundamentals Vs Peers
Comparing Defiance Next's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Defiance Next's direct or indirect competition across all of the common fundamentals between Defiance Next and the related equities. This way, we can detect undervalued stocks with similar characteristics as Defiance Next or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of Defiance Next's fundamental indicators could also be used in its relative valuation, which is a method of valuing Defiance Next by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Defiance Next to competition |
| Fundamentals | Defiance Next | Peer Average |
| Beta | 1.79 | |
| One Year Return | (28.40) % | (0.97) % |
| Three Year Return | (42.90) % | 3.23 % |
| Net Asset | 38.44 M | 2.29 B |
| Equity Positions Weight | 99.66 % | 52.82 % |
Defiance Next Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Defiance . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Defiance Next Buy or Sell Advice
When is the right time to buy or sell Defiance Next Gen? Buying financial instruments such as Defiance Etf isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Check out Defiance Next Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
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.