Defiance Next Etf Forecast - Accumulation Distribution
| HDRO Etf | USD 36.38 0.23 0.63% |
Defiance Etf Forecast is based on your current time horizon.
Defiance |
| Check Defiance Next Volatility | Backtest Defiance Next | Trend Details |
Defiance Next Trading Date Momentum
| On October 01 2024 Defiance Next Gen was traded for 37.36 at the closing time. The top price for the day was 38.32 and the lowest listed price was 37.08 . The trading volume for the day was 1.9 K. The trading history from October 1, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 3.51% . The overall trading delta against the current closing price is 4.67% . |
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
| Compare Defiance Next to competition |
Other Forecasting Options for Defiance Next
For every potential investor in Defiance, whether a beginner or expert, Defiance Next's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Defiance Etf price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Defiance. Basic forecasting techniques help filter out the noise by identifying Defiance Next's price trends.Defiance Next Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Defiance Next etf to make a market-neutral strategy. Peer analysis of Defiance Next could also be used in its relative valuation, which is a method of valuing Defiance Next by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Defiance Next Gen Technical and Predictive Analytics
The etf market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Defiance Next's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Defiance Next's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Defiance Next Market Strength Events
Market strength 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 undertsting and applying Defiance Next etf market strength indicators, traders can identify Defiance Next Gen entry and exit signals to maximize returns.
Defiance Next Risk Indicators
The analysis of Defiance Next's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Defiance Next's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting defiance etf prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.76 | |||
| Standard Deviation | 2.5 | |||
| Variance | 6.23 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Pair Trading with Defiance Next
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 Next 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 Next will appreciate offsetting losses from the drop in the long position's value.Moving against Defiance Etf
| 0.7 | NVDL | GraniteShares 15x Long | PairCorr |
| 0.7 | NVDX | T Rex 2X | PairCorr |
| 0.7 | NVDU | Direxion Daily NVDA | PairCorr |
| 0.69 | CRPT | First Trust SkyBridge | PairCorr |
| 0.68 | DAPP | VanEck Digital Trans | PairCorr |
The ability to find closely correlated positions to Defiance Next 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 Next 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 Next - 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 Next Gen to buy it.
The correlation of Defiance Next 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 Next moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Defiance Next Gen 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 Next 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 Historical Fundamental Analysis of Defiance Next to cross-verify your projections. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
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.