Defiance Sp 500 Etf Market Value
| WDTE Etf | 34.25 0.01 0.03% |
| Symbol | Defiance |
The market value of Defiance SP 500 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.
Defiance 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Defiance's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Defiance.
| 04/21/2025 |
| 07/20/2025 |
If you would invest 0.00 in Defiance on April 21, 2025 and sell it all today you would earn a total of 0.00 from holding Defiance SP 500 or generate 0.0% return on investment in Defiance over 90 days. Defiance is related to or competes with Franklin Templeton, Tidal Trust, IShares Dividend, Altrius Global, Invesco Exchange, Franklin International, and Madison ETFs. Defiance is entity of United States. It is traded as Etf on NYSE ARCA exchange. More
Defiance Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Defiance's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Defiance SP 500 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8948 | |||
| Information Ratio | 0.1253 | |||
| Maximum Drawdown | 2.71 | |||
| Value At Risk | (0.99) | |||
| Potential Upside | 0.9437 |
Defiance Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Defiance's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Defiance's standard deviation. In reality, there are many statistical measures that can use Defiance historical prices to predict the future Defiance's volatility.| Risk Adjusted Performance | 0.3237 | |||
| Jensen Alpha | 0.1429 | |||
| Total Risk Alpha | 0.1217 | |||
| Sortino Ratio | 0.087 | |||
| Treynor Ratio | 0.415 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Defiance's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Defiance SP 500 Backtested Returns
Defiance appears to be very steady, given 3 months investment horizon. Defiance SP 500 secures Sharpe Ratio (or Efficiency) of 0.53, which denotes the etf had a 0.53 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Defiance SP 500, which you can use to evaluate the volatility of the entity. Please utilize Defiance's Downside Deviation of 0.8948, coefficient of variation of 284.1, and Mean Deviation of 0.4336 to check if our risk estimates are consistent with your expectations. The etf shows a Beta (market volatility) of 0.5, which means possible diversification benefits within a given portfolio. 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.
Auto-correlation | 0.84 |
Very good predictability
Defiance SP 500 has very good predictability. Overlapping area represents the amount of predictability between Defiance time series from 21st of April 2025 to 5th of June 2025 and 5th of June 2025 to 20th of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Defiance SP 500 price movement. The serial correlation of 0.84 indicates that around 84.0% of current Defiance price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.84 | |
| Spearman Rank Test | 0.85 | |
| Residual Average | 0.0 | |
| Price Variance | 0.23 |
Defiance SP 500 lagged returns against current returns
Autocorrelation, which is Defiance etf's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Defiance's etf expected returns. We can calculate the autocorrelation of Defiance returns to help us make a trade decision. For example, suppose you find that Defiance has exhibited high autocorrelation historically, and you observe that the etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Defiance regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Defiance etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Defiance etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Defiance etf over time.
Current vs Lagged Prices |
| Timeline |
Defiance Lagged Returns
When evaluating Defiance's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Defiance etf have on its future price. Defiance autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Defiance autocorrelation shows the relationship between Defiance etf current value and its past values and can show if there is a momentum factor associated with investing in Defiance SP 500.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Defiance SP 500 is a strong investment it is important to analyze Defiance's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Defiance's future performance. For an informed investment choice regarding Defiance Etf, refer to the following important reports:Check out Defiance Correlation, Defiance Volatility and Defiance Alpha and Beta module to complement your research on Defiance. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Defiance technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.