FundX Investment is trading at 44.71 as of the 30th of November 2024; that is 0.68 percent up since the beginning of the trading day. The etf's open price was 44.41. FundX Investment has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for FundX Investment Trust are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of June 2024 and ending today, the 30th of November 2024. Click here to learn more.
FundX Investment Trust [XRLX] is traded in USA and was established null. The fund is listed under Tactical Allocation. The entity is thematically classified as Global Macro ETFs. FundX Investment Trust at this time have in net assets. with the current yeild of 0.02%, while the total return for the last 3 years was 4.2%.
Check FundX Investment Probability Of Bankruptcy
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in FundX Investment. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
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 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 Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
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.