Defiance Large Cap Etf Performance
| XMAG Etf | 20.75 0.08 0.39% |
The etf shows a Beta (market volatility) of 0.46, which means possible diversification benefits within a given portfolio. As returns on the market increase, Defiance Large's returns are expected to increase less than the market. However, during the bear market, the loss of holding Defiance Large is expected to be smaller as well.
Risk-Adjusted Performance
13 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Defiance Large Cap are ranked lower than 13 (%) of all global equities and portfolios over the last 90 days. Despite nearly weak basic indicators, Defiance Large may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
1 | Forget Apple and Nvidia. An Anti-Mag 7 ETF Starts Trading Today. - MSN | 10/21/2024 |
2 | The ETF Boom Whats In Store for 2025 - Yahoo Finance | 11/06/2024 |
3 | The ETF Boom Whats In Store For 2025 - Seeking Alpha | 11/07/2024 |
Defiance |
Defiance Large Relative Risk vs. Return Landscape
If you would invest 2,000 in Defiance Large Cap on September 1, 2024 and sell it today you would earn a total of 75.00 from holding Defiance Large Cap or generate 3.75% return on investment over 90 days. Defiance Large Cap is currently generating 0.1253% in daily expected returns and assumes 0.7201% risk (volatility on return distribution) over the 90 days horizon. In different words, 6% of etfs are less volatile than Defiance, and 98% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Defiance Large Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Defiance Large's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Defiance Large Cap, and traders can use it to determine the average amount a Defiance Large's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.174
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| Cash | XMAG | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.72 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Defiance Large is performing at about 13% 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 Large by adding it to a well-diversified portfolio.
About Defiance Large Performance
By analyzing Defiance Large's fundamental ratios, stakeholders can gain valuable insights into Defiance Large's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Defiance Large has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Defiance Large has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Defiance Large is entity of United States. It is traded as Etf on NASDAQ exchange.| Latest headline from news.google.com: The ETF Boom Whats In Store For 2025 - Seeking Alpha |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Defiance Large Cap. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
The market value of Defiance Large Cap 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 Large's value that differs from its market value or its book value, called intrinsic value, which is Defiance Large'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 Large's market value can be influenced by many factors that don't directly affect Defiance Large'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 Large's value and its price as these two are different measures arrived at by different means. Investors typically determine if Defiance Large is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Defiance Large'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.