Fundx Etf Performance
| XCOR Etf | USD 65.65 1.04 1.56% |
The etf shows a Beta (market volatility) of 0.12, which means not very significant fluctuations relative to the market. As returns on the market increase, FundX ETF's returns are expected to increase less than the market. However, during the bear market, the loss of holding FundX ETF is expected to be smaller as well.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days FundX ETF has generated negative risk-adjusted returns adding no value to investors with long positions. Even with latest fragile performance, the Etf's basic indicators remain invariable and the latest agitation on Wall Street may also be a sign of long-running gains for the ETF retail investors. ...more
1 | Pivots Trading Plans and Risk Controls - Stock Traders Daily | 03/13/2025 |
| In Threey Sharp Ratio | 0.37 |
FundX |
FundX ETF Relative Risk vs. Return Landscape
If you would invest 7,202 in FundX ETF on December 19, 2024 and sell it today you would lose (637.00) from holding FundX ETF or give up 8.84% of portfolio value over 90 days. FundX ETF is currently does not generate positive expected returns and assumes 1.3157% risk (volatility on return distribution) over the 90 days horizon. In different words, 11% of etfs are less volatile than FundX, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
FundX ETF Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for FundX ETF's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as FundX ETF, and traders can use it to determine the average amount a FundX ETF'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 = -0.1127
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| Negative Returns | XCOR |
Estimated Market Risk
| 1.32 actual daily | 11 89% of assets are more volatile |
Expected Return
| -0.15 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 FundX ETF 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 FundX ETF by adding FundX ETF to a well-diversified portfolio.
FundX ETF Fundamentals Growth
FundX Etf prices reflect investors' perceptions of the future prospects and financial health of FundX ETF, and FundX ETF 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 FundX Etf performance.
About FundX ETF Performance
Assessing FundX ETF's fundamental ratios provides investors with valuable insights into FundX ETF's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the FundX ETF is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
FundX ETF is entity of United States. It is traded as Etf on NYSE ARCA exchange.| FundX ETF generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Pivots Trading Plans and Risk Controls - Stock Traders Daily |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in FundX ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in persons. To learn how to invest in FundX Etf, please use our How to Invest in FundX ETF guide.You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
The market value of FundX ETF 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 ETF's value that differs from its market value or its book value, called intrinsic value, which is FundX ETF'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 ETF's market value can be influenced by many factors that don't directly affect FundX ETF'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 ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if FundX ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FundX ETF'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.