X Square Balanced Etf Performance
| SQBIX Etf | USD 13.51 0.17 1.27% |
The entity maintains a market beta of 0.11, which attests to not very significant fluctuations relative to the market. As returns on the market increase, X Square's returns are expected to increase less than the market. However, during the bear market, the loss of holding X Square is expected to be smaller as well.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days X Square Balanced has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly strong forward indicators, X Square is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
| Expense Ratio Date | 30th of April 2023 |
SQBIX |
X Square Relative Risk vs. Return Landscape
If you would invest 1,423 in X Square Balanced on December 17, 2024 and sell it today you would lose (72.00) from holding X Square Balanced or give up 5.06% of portfolio value over 90 days. X Square Balanced is currently producing negative expected returns and takes up 0.7453% volatility of returns over 90 trading days. Put another way, 6% of traded etfs are less volatile than SQBIX, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
X Square Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for X Square's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as X Square Balanced, and traders can use it to determine the average amount a X Square'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 = -0.1124
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | SQBIX |
Estimated Market Risk
| 0.75 actual daily | 6 94% of assets are more volatile |
Expected Return
| -0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average X Square 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 X Square by adding X Square to a well-diversified portfolio.
X Square Fundamentals Growth
SQBIX Etf prices reflect investors' perceptions of the future prospects and financial health of X Square, and X Square 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 SQBIX Etf performance.
| Total Asset | 1.53 M | ||||
About X Square Performance
Evaluating X Square's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if X Square has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if X Square has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund uses a balanced approach to invest in a broad range of securities, including common stocks and investment-grade bonds. X-Square Balanced is traded on NASDAQ Exchange in the United States.| X Square Balanced generated a negative expected return over the last 90 days | |
| The fund maintains about 38.11% of its assets in bonds |
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.