X Square Balanced Etf Price on November 21, 2024
| SQBIX Etf | USD 14.48 0.05 0.35% |
Below is the normalized historical share price chart for X Square Balanced extending back to November 01, 2019. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of X Square stands at 14.48, as last reported on the 29th of November, with the highest price reaching 14.48 and the lowest price hitting 14.48 during the day.
If you're considering investing in SQBIX Etf, it is important to understand the factors that can impact its price. At this stage we consider SQBIX Etf to be very steady. X Square Balanced shows Sharpe Ratio of 0.22, which attests that the etf had a 0.22% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for X Square Balanced, which you can use to evaluate the volatility of the entity. Please check out X Square's Mean Deviation of 0.4125, downside deviation of 0.4857, and Market Risk Adjusted Performance of 0.6486 to validate if the risk estimate we provide is consistent with the expected return of 0.11%.
SQBIX Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
SQBIX |
Sharpe Ratio = 0.2211
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Estimated Market Risk
| 0.5 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 17 83% of assets perform better |
Based on monthly moving average X Square is performing at about 17% 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 X Square by adding it to a well-diversified portfolio.
X Square Main Headline on 21st of November 2024
Solana ETF regulatory filings flood in as Gensler sets depar... by news.google.com
Solana ETF regulatory filings flood in as Gensler sets departure date Cointelegraph
X Square Valuation on November 21, 2024
It is possible to determine the worth of X Square on a given historical date. On November 21, 2024 SQBIX was worth 14.2 at the beginning of the trading date compared to the closed value of 14.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of X Square etf. Still, in general, we apply an absolute valuation method to find X Square's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of X Square where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against X Square's related companies.
| Open | High | Low | Close | Volume | |
| 14.12 | 14.12 | 14.12 | 14.12 | 1.00 | |
11/21/2024 | 14.20 | 14.20 | 14.20 | 14.20 | 1.00 |
| 14.34 | 14.34 | 14.34 | 14.34 | 1.00 |
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X Square Trading Date Momentum on November 21, 2024
| On November 22 2024 X Square Balanced was traded for 14.34 at the closing time. The highest daily price throughout the period was 14.34 and the lowest price was 14.34 . There was no trading activity during the period 1.0. Lack of trading volume on 11/22/2024 added to the next day price jump. The trading price change to closing price of the next trading day was 0.99% . The trading price change to current closing price is 1.97% . |
X Square Balanced Fundamentals Correlations and Trends
By evaluating X Square's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among X Square's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. SQBIX financial account trend analysis is a perfect complement when working with valuation or volatility modules.About X Square Etf history
X Square investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for SQBIX is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in X Square Balanced will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing X Square stock prices may prove useful in developing a viable investing in X Square
The fund uses a balanced approach to invest in a broad range of securities, including common stocks and investment-grade bonds. Normally, it will target a 60 percent allocation towards U.S. equity securities and a 40 percent allocation towards fixed income securities, including, but not limited to, investment-grade corporate debt, U.S. agency securities, and U.S. mortgage-related and other asset-backed securities and related derivatives. The fund may also invest in securities of foreign issuers.
X Square Etf Technical Analysis
X Square 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.
Price Boundaries
X Square Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
X Square Balanced cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
X Square November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how X Square etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading X Square shares will generate the highest return on investment. By undertsting and applying X Square etf market strength indicators, traders can identify X Square Balanced entry and exit signals to maximize returns
X Square Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for X Square's price direction in advance. Along with the technical and fundamental analysis of SQBIX Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of SQBIX to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1219 | |||
| Jensen Alpha | 0.0604 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.11) | |||
| Treynor Ratio | 0.6386 |
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Other Information on Investing in SQBIX Etf
X Square financial ratios help investors to determine whether SQBIX Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in SQBIX with respect to the benefits of owning X Square security.