Defiance 5g Next Etf Performance
| FIVG Etf | USD 36.19 0.59 1.60% |
The etf shows a Beta (market volatility) of 0.0766, which means not very significant fluctuations relative to the market. As returns on the market increase, Defiance's returns are expected to increase less than the market. However, during the bear market, the loss of holding Defiance is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days Defiance 5G Next has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable basic indicators, Defiance is not utilizing all of its potentials. The recent stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
1 | Defiance Next Gen Connectivity ETF Hits New 52-Week High at 38.16 | 02/12/2024 |
2 | Defiance Next Gen Connectivity ETF Reaches New 1-Year High at 40.24 | 03/08/2024 |
3 | Ericsson Cuts 1,200 Swedish Jobs Due to Falling Orders | 03/25/2024 |
4 | Investment Analysis - Stock Traders Daily | 05/01/2024 |
| In Threey Sharp Ratio | 0.07 |
Defiance |
Defiance Relative Risk vs. Return Landscape
If you would invest 3,678 in Defiance 5G Next on February 2, 2024 and sell it today you would lose (59.00) from holding Defiance 5G Next or give up 1.6% of portfolio value over 90 days. Defiance 5G Next is currently does not generate positive expected returns and assumes 1.3025% risk (volatility on return distribution) over the 90 days horizon. In different words, 11% 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 |
| Risk |
Defiance Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Defiance's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Defiance 5G Next, and traders can use it to determine the average amount a Defiance'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 = -0.0136
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| Negative Returns | FIVG |
Estimated Market Risk
| 1.3 actual daily | 11 89% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Defiance is not performing at its full potential. However, 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 by adding Defiance to a well-diversified portfolio.
Defiance Fundamentals Growth
Defiance Etf prices reflect investors' perceptions of the future prospects and financial health of Defiance, and Defiance 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 | 733.16 M | |||
About Defiance Performance
To evaluate Defiance 5G Next 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 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 5G Next 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 fund uses a passive management approach to track the total return performance, before fees and expenses, of the index. Defiance Next is traded on NYSEARCA Exchange in the United States.| Defiance 5G Next generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Investment Analysis - Stock Traders Daily | |
| The fund retains 99.72% of its assets under management (AUM) in equities |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Defiance 5G Next. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in real. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
The market value of Defiance 5G Next 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's value that differs from its market value or its book value, called intrinsic value, which is Defiance'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's market value can be influenced by many factors that don't directly affect Defiance'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's value and its price as these two are different measures arrived at by different means. Investors typically determine if Defiance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Defiance'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.