Fundx Investment Trust Etf Three Year Return
| XFLX Etf | 25.38 0.11 0.44% |
FundX Investment Trust fundamentals help investors to digest information that contributes to FundX Investment's financial success or failures. It also enables traders to predict the movement of FundX Etf. The fundamental analysis module provides a way to measure FundX Investment's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to FundX Investment etf.
FundX |
FundX Investment Trust ETF Three Year Return Analysis
FundX Investment's Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.
More About Three Year Return | All Equity Analysis
Three Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current FundX Investment Three Year Return | (0.20) % |
Most of FundX Investment's fundamental indicators, such as Three Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, FundX Investment Trust is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although Three Year Fund Return indicator can give a sense of overall fund mid-term potential, it is recommended to compare fund performances against other similar funds, ETFs, or market benchmarks for the same 3 year interval.
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Based on the latest financial disclosure, FundX Investment Trust has a Three Year Return of -0.2%. This is much lower than that of the family and significantly lower than that of the Multisector Bond category. The three year return for all United States etfs is notably higher than that of the company.
FundX Three Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses FundX Investment's direct or indirect competition against its Three Year Return to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of FundX Investment could also be used in its relative valuation, which is a method of valuing FundX Investment by comparing valuation metrics of similar companies.FundX Investment is currently under evaluation in three year return as compared to similar ETFs.
FundX Fundamentals
| Beta | 0.53 | |||
| Annual Yield | 0.04 % | |||
| One Year Return | 8.00 % | |||
| Three Year Return | (0.20) % | |||
| Five Year Return | 0.90 % | |||
| Ten Year Return | 1.80 % |
About FundX Investment Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze FundX Investment Trust's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of FundX Investment using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of FundX Investment Trust based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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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 FundX Investment Trust offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of FundX Investment's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Fundx Investment Trust Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Fundx Investment Trust Etf:Check out FundX Investment Piotroski F Score and FundX Investment Altman Z Score analysis. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
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.