Fundx Investment Trust Etf Performance
| XRLX Etf | 42.04 0.10 0.24% |
The etf shows a Beta (market volatility) of -0.0662, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning FundX Investment are expected to decrease at a much lower rate. During the bear market, FundX Investment is likely to outperform the market.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days FundX Investment Trust has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly strong essential indicators, FundX Investment is not utilizing all of its potentials. The newest stock price disturbance, may contribute to short-term losses for the investors. ...more
| In Threey Sharp Ratio | 0.19 |
FundX |
FundX Investment Relative Risk vs. Return Landscape
If you would invest 4,439 in FundX Investment Trust on December 23, 2024 and sell it today you would lose (235.00) from holding FundX Investment Trust or give up 5.29% of portfolio value over 90 days. FundX Investment Trust is currently does not generate positive expected returns and assumes 0.8669% risk (volatility on return distribution) over the 90 days horizon. In different words, 7% 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 Investment Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for FundX Investment's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as FundX Investment Trust, and traders can use it to determine the average amount a FundX Investment'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 = -0.0985
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | XRLX |
Estimated Market Risk
| 0.87 actual daily | 7 93% of assets are more volatile |
Expected Return
| -0.09 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average FundX Investment 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 Investment by adding FundX Investment to a well-diversified portfolio.
FundX Investment Fundamentals Growth
FundX Etf prices reflect investors' perceptions of the future prospects and financial health of FundX Investment, and FundX Investment 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 Investment Performance
Evaluating FundX Investment's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if FundX Investment 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 FundX Investment 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.
| FundX Investment generated a negative expected return over the last 90 days |
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 Transaction History module to view history of all your transactions and understand their impact on performance.
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.