Defiance Daily Target Etf Performance
| SMST Etf | 6.66 0.68 11.37% |
The etf shows a Beta (market volatility) of -4.66, which means a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Defiance Daily are expected to decrease by larger amounts. On the other hand, during market turmoil, Defiance Daily is expected to outperform it.
Risk-Adjusted Performance
Weak
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Defiance Daily Target are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively weak basic indicators, Defiance Daily unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Acquisition by Morris Timothy S. of 6134 shares of Defiance Daily subject to Rule 16b-3 | 12/09/2024 |
Defiance |
Defiance Daily Relative Risk vs. Return Landscape
If you would invest 606.00 in Defiance Daily Target on November 27, 2024 and sell it today you would earn a total of 60.00 from holding Defiance Daily Target or generate 9.9% return on investment over 90 days. Defiance Daily Target is currently generating 0.7485% in daily expected returns and assumes 10.672% risk (volatility on return distribution) over the 90 days horizon. In different words, 95% of etfs are less volatile than Defiance, and 86% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Defiance Daily Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Defiance Daily's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Defiance Daily Target, and traders can use it to determine the average amount a Defiance Daily'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 = 0.0701
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Estimated Market Risk
| 10.67 actual daily | 95 95% of assets are less volatile |
Expected Return
| 0.75 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Defiance Daily is performing at about 5% 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 Daily by adding it to a well-diversified portfolio.
About Defiance Daily Performance
Assessing Defiance Daily's fundamental ratios provides investors with valuable insights into Defiance Daily's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Defiance Daily 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 Daily is entity of United States. It is traded as Etf on NASDAQ exchange.| Defiance Daily is way too risky over 90 days horizon | |
| Defiance Daily appears to be risky and price may revert if volatility continues | |
| Latest headline from news.google.com: Bitcoin ETF demand dips Should bulls worry now - MSN |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Defiance Daily Target. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
The market value of Defiance Daily Target 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 Daily's value that differs from its market value or its book value, called intrinsic value, which is Defiance Daily'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 Daily's market value can be influenced by many factors that don't directly affect Defiance Daily'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 Daily's value and its price as these two are different measures arrived at by different means. Investors typically determine if Defiance Daily is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Defiance Daily'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.