Defiance Nasdaq 100 Etf Performance
| QQQY Etf | 33.26 0.14 0.42% |
The etf shows a Beta (market volatility) of 0.63, which means possible diversification benefits within a given portfolio. As returns on the market increase, Defiance Nasdaq's returns are expected to increase less than the market. However, during the bear market, the loss of holding Defiance Nasdaq is expected to be smaller as well.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Defiance Nasdaq 100 are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. In spite of fairly strong basic indicators, Defiance Nasdaq is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
1 | Defiance Nasdaq 100 Enhanced Options Income ETF goes ex dividend today | 09/03/2024 |
2 | Defiance Nasdaq 100 Enhanced Options 0DTE Income ETF Declares Dividend of 0.27 | 11/08/2024 |
3 | Defiance Nasdaq 100 Enhanced Options Income ETF goes ex dividend tomorrow - MSN | 11/20/2024 |
Defiance |
Defiance Nasdaq Relative Risk vs. Return Landscape
If you would invest 3,204 in Defiance Nasdaq 100 on August 26, 2024 and sell it today you would earn a total of 122.00 from holding Defiance Nasdaq 100 or generate 3.81% return on investment over 90 days. Defiance Nasdaq 100 is currently generating 0.0605% in daily expected returns and assumes 0.7697% risk (volatility on return distribution) over the 90 days horizon. In different words, 6% of etfs are less volatile than Defiance, and 99% 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 = 0.0785
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Estimated Market Risk
| 0.77 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Defiance Nasdaq is performing at about 6% 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
Evaluating Defiance Nasdaq's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Defiance Nasdaq has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Defiance Nasdaq has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. 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 news.google.com: Defiance Nasdaq 100 Enhanced Options Income ETF goes ex dividend tomorrow - MSN |
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 Transaction History module to view history of all your transactions and understand their impact on performance.
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.