Defiance Nasdaq 100 Etf Price on November 12, 2024
| QQQY Etf | 33.08 0.47 1.40% |
If you're considering investing in Defiance Etf, it is important to understand the factors that can impact its price. As of today, the current price of Defiance Nasdaq stands at 33.08, as last reported on the 28th of November, with the highest price reaching 33.29 and the lowest price hitting 32.87 during the day. At this stage we consider Defiance Etf to be very steady. Defiance Nasdaq 100 secures Sharpe Ratio (or Efficiency) of 0.0743, which denotes the etf had a 0.0743% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Defiance Nasdaq 100, which you can use to evaluate the volatility of the entity. Please confirm Defiance Nasdaq's Coefficient Of Variation of 1345.34, mean deviation of 0.5609, and Downside Deviation of 1.37 to check if the risk estimate we provide is consistent with the expected return of 0.0593%.
Defiance Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Defiance |
Sharpe Ratio = 0.0743
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Estimated Market Risk
| 0.8 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Defiance Nasdaq is performing at about 5% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Defiance Nasdaq by adding it to a well-diversified portfolio.
Defiance Nasdaq Valuation on November 12, 2024
It is possible to determine the worth of Defiance Nasdaq on a given historical date. On November 12, 2024 Defiance was worth 33.37 at the beginning of the trading date compared to the closed value of 33.45. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Defiance Nasdaq etf. Still, in general, we apply an absolute valuation method to find Defiance Nasdaq's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Defiance Nasdaq where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Defiance Nasdaq's related companies.
| Open | High | Low | Close | Volume | |
| 33.40 | 33.49 | 33.23 | 33.43 | 169,600 | |
11/12/2024 | 33.37 | 33.50 | 33.25 | 33.45 | 98,200 |
| 33.43 | 33.60 | 33.35 | 33.46 | 137,600 |
| Backtest Defiance Nasdaq | | | Defiance Nasdaq History | | | Defiance Nasdaq Valuation | Previous | Next |
Defiance Nasdaq Trading Date Momentum on November 12, 2024
| On November 13 2024 Defiance Nasdaq 100 was traded for 33.46 at the closing time. The top price for the day was 33.60 and the lowest listed price was 33.35 . The trading volume for the day was 137.6 K. The trading history from November 13, 2024 was a factor to the next trading day price jump. The trading delta at closing time against the next closing price was 0.03% . The overall trading delta against the current closing price is 0.99% . |
About Defiance Nasdaq Etf history
Defiance Nasdaq investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Defiance is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Defiance Nasdaq 100 will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Defiance Nasdaq stock prices may prove useful in developing a viable investing in Defiance Nasdaq
Defiance Nasdaq Etf Technical Analysis
Defiance Nasdaq technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Price Boundaries
Defiance Nasdaq Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
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Defiance Nasdaq November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Defiance Nasdaq 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 Nasdaq shares will generate the highest return on investment. By undertsting and applying Defiance Nasdaq etf market strength indicators, traders can identify Defiance Nasdaq 100 entry and exit signals to maximize returns
Defiance Nasdaq Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Defiance Nasdaq's price direction in advance. Along with the technical and fundamental analysis of Defiance Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Defiance to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0574 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.077 |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Defiance Nasdaq 100. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in producer price index. 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 Nasdaq 100 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 Nasdaq's value that differs from its market value or its book value, called intrinsic value, which is Defiance Nasdaq'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 Nasdaq's market value can be influenced by many factors that don't directly affect Defiance Nasdaq'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 Nasdaq's value and its price as these two are different measures arrived at by different means. Investors typically determine if Defiance Nasdaq is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Defiance Nasdaq'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.