Defiance Gold Enhanced Etf Market Value
| GLDY Etf | 17.15 0.01 0.06% |
| Symbol | Defiance |
The market value of Defiance Gold Enhanced 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 Gold's value that differs from its market value or its book value, called intrinsic value, which is Defiance Gold'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 Gold's market value can be influenced by many factors that don't directly affect Defiance Gold'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 Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Defiance Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Defiance Gold'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.
Defiance Gold 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Defiance Gold's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Defiance Gold.
| 11/26/2025 |
| 12/26/2025 |
If you would invest 0.00 in Defiance Gold on November 26, 2025 and sell it all today you would earn a total of 0.00 from holding Defiance Gold Enhanced or generate 0.0% return on investment in Defiance Gold over 30 days. Defiance Gold is related to or competes with Northern Lights, First Trust, First Trust, AIM ETF, AIM ETF, Invesco SP, and Timothy Plan. Defiance Gold is entity of United States More
Defiance Gold Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Defiance Gold's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Defiance Gold Enhanced upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.24 | |||
| Information Ratio | 0.0772 | |||
| Maximum Drawdown | 5.53 | |||
| Value At Risk | (1.49) | |||
| Potential Upside | 1.15 |
Defiance Gold Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Defiance Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Defiance Gold's standard deviation. In reality, there are many statistical measures that can use Defiance Gold historical prices to predict the future Defiance Gold's volatility.| Risk Adjusted Performance | 0.1185 | |||
| Jensen Alpha | 0.1252 | |||
| Total Risk Alpha | 0.0496 | |||
| Sortino Ratio | 0.0566 | |||
| Treynor Ratio | 0.6372 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Defiance Gold's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Defiance Gold Enhanced Backtested Returns
At this stage we consider Defiance Etf to be very steady. Defiance Gold Enhanced secures Sharpe Ratio (or Efficiency) of 0.17, which denotes the etf had a 0.17 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Defiance Gold Enhanced, which you can use to evaluate the volatility of the entity. Please confirm Defiance Gold's Mean Deviation of 0.6394, coefficient of variation of 605.43, and Downside Deviation of 1.24 to check if the risk estimate we provide is consistent with the expected return of 0.15%. The etf shows a Beta (market volatility) of 0.22, which means not very significant fluctuations relative to the market. As returns on the market increase, Defiance Gold's returns are expected to increase less than the market. However, during the bear market, the loss of holding Defiance Gold is expected to be smaller as well.
Auto-correlation | 0.75 |
Good predictability
Defiance Gold Enhanced has good predictability. Overlapping area represents the amount of predictability between Defiance Gold time series from 26th of November 2025 to 11th of December 2025 and 11th of December 2025 to 26th of December 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Defiance Gold Enhanced price movement. The serial correlation of 0.75 indicates that around 75.0% of current Defiance Gold price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.75 | |
| Spearman Rank Test | 0.68 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Defiance Gold Enhanced lagged returns against current returns
Autocorrelation, which is Defiance Gold etf's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Defiance Gold's etf expected returns. We can calculate the autocorrelation of Defiance Gold returns to help us make a trade decision. For example, suppose you find that Defiance Gold has exhibited high autocorrelation historically, and you observe that the etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Defiance Gold regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Defiance Gold etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Defiance Gold etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Defiance Gold etf over time.
Current vs Lagged Prices |
| Timeline |
Defiance Gold Lagged Returns
When evaluating Defiance Gold's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Defiance Gold etf have on its future price. Defiance Gold autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Defiance Gold autocorrelation shows the relationship between Defiance Gold etf current value and its past values and can show if there is a momentum factor associated with investing in Defiance Gold Enhanced.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Defiance Gold Enhanced offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Defiance Gold's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Defiance Gold Enhanced Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Defiance Gold Enhanced Etf:Check out Defiance Gold Correlation, Defiance Gold Volatility and Defiance Gold Alpha and Beta module to complement your research on Defiance Gold. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Defiance Gold 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.