X Square Series Trust Etf Profile

ZTAX Etf   26.73  0.36  1.33%   

Performance

2 of 100

 
Weak
 
Strong
Weak

Odds Of Distress

Less than 9

 
High
 
Low
Low
X Square is trading at 26.73 as of the 30th of November 2024; that is 1.33 percent down since the beginning of the trading day. The etf's open price was 27.09. X Square has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for X Square Series 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.
X Square is entity of United States. It is traded as Etf on NYSE ARCA exchange. More on X Square Series Trust

ZTAX Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationMunicipals ETFs, Broad Municipals ETFs, Muni National Interm, Metals & Mining, Materials, Materials (View all Sectors)
IssuerX-Square Capital
Inception Date2023-05-19
Entity TypeRegulated Investment Company
Asset Under Management4.06 Million
Asset TypeFixed Income
CategoryMunicipals
FocusBroad Municipals
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorALPS Fund Services, Inc.
AdvisorX-Square Capital LLC
CustodianState Street Bank And Trust Company
DistributorALPS Distributors, Inc.
Portfolio ManagerIgnacio Canto, Gabriel Medina
Transfer AgentState Street Bank And Trust Company
Fiscal Year End31-Dec
ExchangeNYSE Arca, Inc.
Number of Constituents13.0
Total Expense1.1
Management Fee0.65
200 Day M A26.6242
Country NameUSA
50 Day M A26.6695
CodeZTAX
Updated At30th of November 2024
Returns Y T D7.9
NameX-Square Series Trust
Currency NameUS Dollar
Currency CodeUSD
Open FigiBBG01GQV0TJ2
TypeETF
1y Volatility6.32
X Square Series Trust [ZTAX] is traded in USA and was established null. The fund is listed under Muni National Interm category and is part of Metals & Mining family. The entity is thematically classified as Municipals ETFs. X Square Series at this time have in net assets. with the current yeild of 0.04%, while the total return for the last year was 10.4%.
Check X Square Probability Of Bankruptcy

X Square Series Risk Profiles

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 X Square. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

X Square Against Markets

When determining whether X Square Series offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of X Square'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 X Square Series Trust Etf. Outlined below are crucial reports that will aid in making a well-informed decision on X Square Series Trust Etf:
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The market value of X Square Series is measured differently than its book value, which is the value of ZTAX that is recorded on the company's balance sheet. Investors also form their own opinion of X Square's value that differs from its market value or its book value, called intrinsic value, which is X Square'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 X Square's market value can be influenced by many factors that don't directly affect X Square'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 X Square's value and its price as these two are different measures arrived at by different means. Investors typically determine if X Square is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, X Square'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.