Defiance Nasdaq 100 Etf Performance
| QQQT Etf | 19.44 0.18 0.93% |
The etf shows a Beta (market volatility) of 0.88, which means possible diversification benefits within a given portfolio. Defiance Nasdaq returns are very sensitive to returns on the market. As the market goes up or down, Defiance Nasdaq is expected to follow.
Risk-Adjusted Performance
12 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Defiance Nasdaq 100 are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively unsteady basic indicators, Defiance Nasdaq may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
1 | Defiance Nasdaq 100 Income Target ETF Sees Large Growth in Short Interest | 10/25/2024 |
2 | Objective longshort Report - Stock Traders Daily | 11/18/2024 |
3 | Defiance Nasdaq 100 Income Target ETF Short Interest Up 406.7 percent in November | 11/27/2024 |
Defiance |
Defiance Nasdaq Relative Risk vs. Return Landscape
If you would invest 1,775 in Defiance Nasdaq 100 on September 1, 2024 and sell it today you would earn a total of 169.00 from holding Defiance Nasdaq 100 or generate 9.52% return on investment over 90 days. Defiance Nasdaq 100 is currently generating 0.1467% in daily expected returns and assumes 0.9583% risk (volatility on return distribution) over the 90 days horizon. In different words, 8% 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 |
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Defiance Nasdaq Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Defiance Nasdaq's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Defiance Nasdaq 100, and traders can use it to determine the average amount a Defiance Nasdaq'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 = 0.1531
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Estimated Market Risk
| 0.96 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 12 88% of assets perform better |
Based on monthly moving average Defiance Nasdaq is performing at about 12% 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 Nasdaq by adding it to a well-diversified portfolio.
About Defiance Nasdaq Performance
Assessing Defiance Nasdaq's fundamental ratios provides investors with valuable insights into Defiance Nasdaq's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Defiance Nasdaq is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Defiance Nasdaq is entity of United States. It is traded as Etf on NASDAQ exchange.| Latest headline from thelincolnianonline.com: Private Trust Co. NA Has 535,000 Stake in Amplify YieldShares CWP Dividend Option Income ETF |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Defiance Nasdaq 100. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in producer price index. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
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.