Defiance Nasdaq 100 Etf Five Year Return
| QQQT Etf | 19.44 0.18 0.93% |
Defiance Nasdaq 100 fundamentals help investors to digest information that contributes to Defiance Nasdaq's financial success or failures. It also enables traders to predict the movement of Defiance Etf. The fundamental analysis module provides a way to measure Defiance Nasdaq's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Defiance Nasdaq etf.
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Defiance Nasdaq 100 ETF Five Year Return Analysis
Defiance Nasdaq's Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.
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Five Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.
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According to the company disclosure, Defiance Nasdaq 100 has a Five Year Return of 0.0%. This indicator is about the same for the average (which is currently at 0.0) family and about the same as Derivative Income (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
Defiance Five Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Defiance Nasdaq's direct or indirect competition against its Five Year Return to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Defiance Nasdaq could also be used in its relative valuation, which is a method of valuing Defiance Nasdaq by comparing valuation metrics of similar companies.Defiance Nasdaq is currently under evaluation in five year return as compared to similar ETFs.
About Defiance Nasdaq Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Defiance Nasdaq 100's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Defiance Nasdaq using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Defiance Nasdaq 100 based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Check out Defiance Nasdaq Piotroski F Score and Defiance Nasdaq Altman Z Score analysis. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
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.