Defiance Enhanced Long Etf Market Value
| VIXI Etf | 12.10 0.06 0.49% |
| Symbol | Defiance |
The market value of Defiance Enhanced Long 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 Enhanced's value that differs from its market value or its book value, called intrinsic value, which is Defiance Enhanced'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 Enhanced's market value can be influenced by many factors that don't directly affect Defiance Enhanced'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 Enhanced's value and its price as these two are different measures arrived at by different means. Investors typically determine if Defiance Enhanced is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Defiance Enhanced'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 Enhanced '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 Enhanced'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 Enhanced.
| 11/24/2025 |
| 12/24/2025 |
If you would invest 0.00 in Defiance Enhanced on November 24, 2025 and sell it all today you would earn a total of 0.00 from holding Defiance Enhanced Long or generate 0.0% return on investment in Defiance Enhanced over 30 days. Defiance Enhanced is related to or competes with EA Series, DoubleLine ETF, ProShares Ultra, ProShares Ultra, TrueShares Structured, TappAlpha SPY, and First Trust. Defiance Enhanced is entity of United States More
Defiance Enhanced 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 Enhanced'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 Enhanced Long upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 26.65 | |||
| Value At Risk | (8.74) | |||
| Potential Upside | 7.72 |
Defiance Enhanced Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Defiance Enhanced's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Defiance Enhanced's standard deviation. In reality, there are many statistical measures that can use Defiance Enhanced historical prices to predict the future Defiance Enhanced's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | 0.075 | |||
| Total Risk Alpha | (0.61) | |||
| Treynor Ratio | 0.0435 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Defiance Enhanced'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 Enhanced Long Backtested Returns
Defiance Enhanced Long secures Sharpe Ratio (or Efficiency) of -0.0631, which denotes the etf had a -0.0631 % return per unit of risk over the last 3 months. Defiance Enhanced Long exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Defiance Enhanced's Standard Deviation of 4.64, mean deviation of 3.23, and Variance of 21.57 to check the risk estimate we provide. The etf shows a Beta (market volatility) of -5.19, which means a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Defiance Enhanced are expected to decrease by larger amounts. On the other hand, during market turmoil, Defiance Enhanced is expected to outperform it.
Auto-correlation | 0.49 |
Average predictability
Defiance Enhanced Long has average predictability. Overlapping area represents the amount of predictability between Defiance Enhanced time series from 24th of November 2025 to 9th of December 2025 and 9th of December 2025 to 24th 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 Enhanced Long price movement. The serial correlation of 0.49 indicates that about 49.0% of current Defiance Enhanced price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.49 | |
| Spearman Rank Test | 0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 0.28 |
Defiance Enhanced Long lagged returns against current returns
Autocorrelation, which is Defiance Enhanced 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 Enhanced's etf expected returns. We can calculate the autocorrelation of Defiance Enhanced returns to help us make a trade decision. For example, suppose you find that Defiance Enhanced 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 Enhanced 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 Enhanced etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Defiance Enhanced etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Defiance Enhanced etf over time.
Current vs Lagged Prices |
| Timeline |
Defiance Enhanced Lagged Returns
When evaluating Defiance Enhanced's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Defiance Enhanced etf have on its future price. Defiance Enhanced 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 Enhanced autocorrelation shows the relationship between Defiance Enhanced etf current value and its past values and can show if there is a momentum factor associated with investing in Defiance Enhanced Long.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
| DD | Dupont De Nemours | |
| CRDO | Credo Technology Group | |
| GOOG | Alphabet Inc Class C | |
| BAC | Bank of America | |
| CRM | Salesforce |
Check out Defiance Enhanced Correlation, Defiance Enhanced Volatility and Defiance Enhanced Alpha and Beta module to complement your research on Defiance Enhanced. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Defiance Enhanced 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.