X Square Series Trust Etf Price on December 13, 2023
| ZTAX Etf | 26.70 0.20 0.74% |
If you're considering investing in ZTAX Etf, it is important to understand the factors that can impact its price. As of today, the current price of X Square stands at 26.70, as last reported on the 27th of November, with the highest price reaching 26.70 and the lowest price hitting 26.70 during the day. At this stage we consider ZTAX Etf to be very steady. X Square Series shows Sharpe Ratio of 0.0365, which attests that the etf had a 0.0365% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for X Square Series, which you can use to evaluate the volatility of the entity. Please check out X Square's Market Risk Adjusted Performance of 0.2426, standard deviation of 1.41, and Mean Deviation of 0.8338 to validate if the risk estimate we provide is consistent with the expected return of 0.0483%.
ZTAX Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
ZTAX |
Sharpe Ratio = 0.0365
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Estimated Market Risk
| 1.32 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 2 98% of assets perform better |
Based on monthly moving average X Square is performing at about 2% of its full potential. 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 X Square by adding it to a well-diversified portfolio.
Average Mkt Cap Mil No Data |
X Square Valuation on December 13, 2023
It is possible to determine the worth of X Square on a given historical date. On December 13, 2023 ZTAX was worth 24.57 at the beginning of the trading date compared to the closed value of 24.57. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of X Square etf. Still, in general, we apply an absolute valuation method to find X Square's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of X Square where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against X Square's related companies.
| Open | High | Low | Close | Volume | |
| 24.57 | 24.57 | 24.57 | 24.57 | 100.00 | |
12/13/2023 | 24.57 | 24.57 | 24.57 | 24.57 | 1.00 |
| 24.76 | 24.77 | 24.66 | 24.70 | 1,600 |
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X Square Trading Date Momentum on December 13, 2023
| On December 14 2023 X Square Series Trust was traded for 24.70 at the closing time. The top price for the day was 24.77 and the lowest listed price was 24.66 . The trading volume for the day was 1.6 K. The trading history from December 14, 2023 was a factor to the next trading day price jump. The trading date delta against the next closing price was 0.53% . The trading price change against the current closing price is 2.04% . |
About X Square Etf history
X Square investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for ZTAX is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in X Square Series will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing X Square stock prices may prove useful in developing a viable investing in X Square
X Square Etf Technical Analysis
X Square technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Price Boundaries
X Square Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
X Square Series Trust cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
X Square November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how X Square etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading X Square shares will generate the highest return on investment. By undertsting and applying X Square etf market strength indicators, traders can identify X Square Series Trust entry and exit signals to maximize returns
X Square Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for X Square's price direction in advance. Along with the technical and fundamental analysis of ZTAX Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of ZTAX to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.28) | |||
| Treynor Ratio | 0.2326 |
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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in X Square Series 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 nation. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
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.