Xsabx Fund Manager Performance Evaluation
| XSABX Fund | 10.18 0.18 1.80% |
The entity maintains a market beta of -0.0772, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Xsabx are expected to decrease at a much lower rate. During the bear market, Xsabx is likely to outperform the market.
Risk-Adjusted Performance
21 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Xsabx are ranked lower than 21 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak fundamental drivers, Xsabx may actually be approaching a critical reversion point that can send shares even higher in January 2025.
...moreXsabx |
Xsabx Relative Risk vs. Return Landscape
If you would invest 923.00 in Xsabx on September 21, 2024 and sell it today you would earn a total of 95.00 from holding Xsabx or generate 10.29% return on investment over 90 days. Xsabx is currently producing 0.1572% returns and takes up 0.5704% volatility of returns over 90 trading days. Put another way, 5% of traded mutual funds are less volatile than Xsabx, and 97% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Xsabx Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Xsabx's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Xsabx, and traders can use it to determine the average amount a Xsabx'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 = 0.2756
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | XSABX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.57 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.28 actual daily | 21 79% of assets perform better |
Based on monthly moving average Xsabx is performing at about 21% 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 Xsabx by adding it to a well-diversified portfolio.
About Xsabx Performance
Evaluating Xsabx's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Xsabx 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 Xsabx 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.
Xsabx is entity of United States. It is traded as Fund on NYSE exchange.Things to note about Xsabx performance evaluation
Checking the ongoing alerts about Xsabx for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Xsabx help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Xsabx's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Xsabx's mutual fund performance include:- Analyzing Xsabx's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Xsabx's stock is overvalued or undervalued compared to its peers.
- Examining Xsabx's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Xsabx's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Xsabx's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Xsabx's mutual fund. These opinions can provide insight into Xsabx's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Xsabx Mutual Fund
Xsabx financial ratios help investors to determine whether Xsabx Mutual Fund 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 Xsabx with respect to the benefits of owning Xsabx security.
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings |