Defiance Oil Enhanced Etf Market Value
| USOY Etf | 6.60 0.04 0.60% |
| Symbol | Defiance |
The market value of Defiance Oil 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 Oil's value that differs from its market value or its book value, called intrinsic value, which is Defiance Oil'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 Oil's market value can be influenced by many factors that don't directly affect Defiance Oil'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 Oil's value and its price as these two are different measures arrived at by different means. Investors typically determine if Defiance Oil is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Defiance Oil'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 Oil '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 Oil'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 Oil.
| 11/25/2025 |
| 12/25/2025 |
If you would invest 0.00 in Defiance Oil on November 25, 2025 and sell it all today you would earn a total of 0.00 from holding Defiance Oil Enhanced or generate 0.0% return on investment in Defiance Oil over 30 days. Defiance Oil is related to or competes with Northern Lights, First Trust, First Trust, AIM ETF, AIM ETF, Invesco SP, and Timothy Plan. Defiance Oil is entity of United States. It is traded as Etf on NASDAQ exchange. More
Defiance Oil 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 Oil'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 Oil Enhanced upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 5.66 | |||
| Value At Risk | (2.60) | |||
| Potential Upside | 1.53 |
Defiance Oil Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Defiance Oil's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Defiance Oil's standard deviation. In reality, there are many statistical measures that can use Defiance Oil historical prices to predict the future Defiance Oil's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.20) | |||
| Treynor Ratio | 0.4259 |
Defiance Oil Enhanced Backtested Returns
Defiance Oil Enhanced secures Sharpe Ratio (or Efficiency) of -0.0876, which denotes the etf had a -0.0876 % return per unit of risk over the last 3 months. Defiance Oil Enhanced exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Defiance Oil's Mean Deviation of 0.9833, variance of 1.59, and Standard Deviation of 1.26 to check the risk estimate we provide. The etf shows a Beta (market volatility) of -0.21, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Defiance Oil are expected to decrease at a much lower rate. During the bear market, Defiance Oil is likely to outperform the market.
Auto-correlation | -0.59 |
Good reverse predictability
Defiance Oil Enhanced has good reverse predictability. Overlapping area represents the amount of predictability between Defiance Oil time series from 25th of November 2025 to 10th of December 2025 and 10th of December 2025 to 25th 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 Oil Enhanced price movement. The serial correlation of -0.59 indicates that roughly 59.0% of current Defiance Oil price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.59 | |
| Spearman Rank Test | 0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Defiance Oil Enhanced lagged returns against current returns
Autocorrelation, which is Defiance Oil 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 Oil's etf expected returns. We can calculate the autocorrelation of Defiance Oil returns to help us make a trade decision. For example, suppose you find that Defiance Oil 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 Oil 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 Oil etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Defiance Oil etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Defiance Oil etf over time.
Current vs Lagged Prices |
| Timeline |
Defiance Oil Lagged Returns
When evaluating Defiance Oil's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Defiance Oil etf have on its future price. Defiance Oil 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 Oil autocorrelation shows the relationship between Defiance Oil etf current value and its past values and can show if there is a momentum factor associated with investing in Defiance Oil 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 Oil 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 Oil'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 Oil Enhanced Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Defiance Oil Enhanced Etf:Check out Defiance Oil Correlation, Defiance Oil Volatility and Defiance Oil Alpha and Beta module to complement your research on Defiance Oil. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Defiance Oil 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.