Defiance Hotel Airline Etf Performance
| CRUZ Etf | USD 21.25 0.22 1.05% |
The etf shows a Beta (market volatility) of 1.21, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Defiance Hotel will likely underperform.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Defiance Hotel Airline are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. In spite of fairly strong basic indicators, Defiance Hotel is not utilizing all of its potentials. The latest stock price disturbance, may contribute to short-term losses for the investors. ...more
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Defiance |
Defiance Hotel Relative Risk vs. Return Landscape
If you would invest 2,087 in Defiance Hotel Airline on January 19, 2024 and sell it today you would earn a total of 38.00 from holding Defiance Hotel Airline or generate 1.82% return on investment over 90 days. Defiance Hotel Airline is currently generating 0.0328% in daily expected returns and assumes 0.9206% risk (volatility on return distribution) over the 90 days horizon. In different words, 8% 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 Hotel Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Defiance Hotel's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Defiance Hotel Airline, and traders can use it to determine the average amount a Defiance Hotel'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 = 0.0357
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Estimated Market Risk
| 0.92 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 2 98% of assets perform better |
Based on monthly moving average Defiance Hotel is performing at about 2% 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 Hotel by adding it to a well-diversified portfolio.
Defiance Hotel Fundamentals Growth
Defiance Etf prices reflect investors' perceptions of the future prospects and financial health of Defiance Hotel, and Defiance Hotel fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Defiance Etf performance.
| Total Asset | 32.13 M | |||
About Defiance Hotel Performance
To evaluate Defiance Hotel Airline Etf as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Defiance Hotel generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Defiance Etf's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Defiance Hotel Airline market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Defiance's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.The index is a rules-based index that consists of globally-listed stocks of companies that derive at least 50 percent of their revenues from the passenger airline, hotel and resort, or cruise industries as determined by MV Index Solutions. Defiance Hotel is traded on NYSEARCA Exchange in the United States.| The fund holds 99.8% of its assets under management (AUM) in equities |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Defiance Hotel Airline. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in employment. 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 Hotel Airline 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 Hotel's value that differs from its market value or its book value, called intrinsic value, which is Defiance Hotel'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 Hotel's market value can be influenced by many factors that don't directly affect Defiance Hotel'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 Hotel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Defiance Hotel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Defiance Hotel'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.