Defiance Daily Target Etf Price on December 3, 2024
| SMST Etf | 6.06 0.43 6.63% |
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 Daily stands at 6.06, as last reported on the 11th of December 2024, with the highest price reaching 6.83 and the lowest price hitting 5.99 during the day. Defiance Daily is abnormally volatile given 3 months investment horizon. Defiance Daily Target secures Sharpe Ratio (or Efficiency) of 0.038, which denotes the etf had a 0.038% return per unit of risk over the last 3 months. We are able to interpolate and collect thirty different technical indicators, which can help you to evaluate if expected returns of 1.39% are justified by taking the suggested risk. Use Defiance Daily Downside Deviation of 15.56, coefficient of variation of 2897.41, and Mean Deviation of 13.12 to evaluate company specific risk that cannot be diversified away.
Defiance Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Defiance |
Sharpe Ratio = 0.038
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Estimated Market Risk
| 36.51 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.39 actual daily | 27 73% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 2 98% of assets perform better |
Based on monthly moving average Defiance Daily is performing at about 2% 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 Daily by adding it to a well-diversified portfolio.
Average Mkt Cap Mil No Data |
Defiance Daily Valuation on December 3, 2024
It is possible to determine the worth of Defiance Daily on a given historical date. On December 3, 2024 Defiance was worth 6.77 at the beginning of the trading date compared to the closed value of 6.52. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Defiance Daily etf. Still, in general, we apply an absolute valuation method to find Defiance Daily'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 Daily where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Defiance Daily's related companies.
| Open | High | Low | Close | Volume | |
| 5.91 | 6.50 | 5.77 | 6.31 | 24,270,325 | |
12/03/2024 | 6.77 | 6.90 | 5.91 | 6.52 | 27,422,846 |
| 6.34 | 6.82 | 5.29 | 5.43 | 25,835,124 |
| Backtest Defiance Daily | | | Defiance Daily History | | | Defiance Daily Valuation | Previous | Next |
Defiance Daily Trading Date Momentum on December 3, 2024
| On December 04 2024 Defiance Daily Target was traded for 5.43 at the closing time. The top price for the day was 6.82 and the lowest listed price was 5.29 . The trading volume for the day was 25.8 M. The trading history from December 4, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 16.72% . The overall trading delta against the current closing price is 4.75% . |
About Defiance Daily Etf history
Defiance Daily 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 Daily Target 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 Daily stock prices may prove useful in developing a viable investing in Defiance Daily
Defiance Daily Etf Technical Analysis
Defiance Daily 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 Daily Period Price Range
Low | December 11, 2024
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0.00 | 0.00 |
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Defiance Daily December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Defiance Daily 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 Daily shares will generate the highest return on investment. By undertsting and applying Defiance Daily etf market strength indicators, traders can identify Defiance Daily Target entry and exit signals to maximize returns
Defiance Daily Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Defiance Daily'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 | 0.0347 | |||
| Jensen Alpha | 1.93 | |||
| Total Risk Alpha | (4.47) | |||
| Sortino Ratio | 0.0718 | |||
| Treynor Ratio | (0.20) |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Defiance Daily Target. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
The market value of Defiance Daily Target 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 Daily's value that differs from its market value or its book value, called intrinsic value, which is Defiance Daily'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 Daily's market value can be influenced by many factors that don't directly affect Defiance Daily'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 Daily's value and its price as these two are different measures arrived at by different means. Investors typically determine if Defiance Daily is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Defiance Daily'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.