Fundx Investment Trust Etf Price on January 2, 2024
| XRLX Etf | 44.99 0.10 0.22% |
If you're considering investing in FundX Etf, it is important to understand the factors that can impact its price. As of today, the current price of FundX Investment stands at 44.99, as last reported on the 4th of December, with the highest price reaching 44.99 and the lowest price hitting 44.97 during the day. At this stage we consider FundX Etf to be very steady. FundX Investment Trust secures Sharpe Ratio (or Efficiency) of 0.2, which denotes the etf had a 0.2% return per unit of risk over the last 3 months. We have found thirty technical indicators for FundX Investment Trust, which you can use to evaluate the volatility of the entity. Please confirm FundX Investment's Mean Deviation of 0.4155, downside deviation of 0.6466, and Coefficient Of Variation of 729.64 to check if the risk estimate we provide is consistent with the expected return of 0.11%.
FundX Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
FundX |
Sharpe Ratio = 0.1963
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| Cash | XRLX | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.55 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
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average FundX Investment is performing at about 15% 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 FundX Investment by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 588.5 K |
FundX Investment Main Headline on 2nd of January 2024
FundX Investment Trust dividend paid on 2nd of January 2024 |
FundX Investment Valuation on January 2, 2024
It is possible to determine the worth of FundX Investment on a given historical date. On January 2, 2024 FundX was worth 37.56 at the beginning of the trading date compared to the closed value of 37.53. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of FundX Investment etf. Still, in general, we apply an absolute valuation method to find FundX Investment'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 FundX Investment where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against FundX Investment's related companies.
| Open | High | Low | Close | Volume | |
| 37.70 | 37.93 | 37.70 | 37.85 | 3,700 | |
01/02/2024 | 37.56 | 37.61 | 37.45 | 37.53 | 2,816 |
| 37.41 | 37.41 | 37.37 | 37.37 | 14,652 |
| Backtest FundX Investment | | | FundX Investment History | | | FundX Investment Valuation | Previous | Next |
FundX Investment Trading Date Momentum on January 2, 2024
| On January 03 2024 FundX Investment Trust was traded for 37.37 at the closing time. The top price for the day was 37.41 and the lowest listed price was 37.37 . The trading volume for the day was 14.7 K. The trading history from January 3, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 0.43% . The overall trading delta against the current closing price is 0.32% . |
FundX Investment Trust Fundamentals Correlations and Trends
By evaluating FundX Investment'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 FundX Investment's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. FundX financial account trend analysis is a perfect complement when working with valuation or volatility modules.About FundX Investment Etf history
FundX Investment 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 FundX is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in FundX Investment Trust 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 FundX Investment stock prices may prove useful in developing a viable investing in FundX Investment
FundX Investment Etf Technical Analysis
FundX Investment 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
FundX Investment Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
FundX Investment Trust cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA 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.
FundX Investment December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how FundX Investment etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading FundX Investment shares will generate the highest return on investment. By undertsting and applying FundX Investment etf market strength indicators, traders can identify FundX Investment Trust entry and exit signals to maximize returns
FundX Investment Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for FundX Investment's price direction in advance. Along with the technical and fundamental analysis of FundX Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of FundX 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 | 0.1015 | |||
| Jensen Alpha | 0.0155 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.1327 |
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| Volume Indicators |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in FundX Investment Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
The market value of FundX Investment Trust is measured differently than its book value, which is the value of FundX that is recorded on the company's balance sheet. Investors also form their own opinion of FundX Investment's value that differs from its market value or its book value, called intrinsic value, which is FundX Investment'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 FundX Investment's market value can be influenced by many factors that don't directly affect FundX Investment'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 FundX Investment's value and its price as these two are different measures arrived at by different means. Investors typically determine if FundX Investment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FundX Investment'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.