X Square Balanced Etf Performance
| SQBFX Etf | USD 14.28 0.05 0.35% |
The entity maintains a market beta of 0.55, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, X Square's returns are expected to increase less than the market. However, during the bear market, the loss of holding X Square is expected to be smaller as well.
Risk-Adjusted Performance
17 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in X Square Balanced are ranked lower than 17 (%) of all global equities and portfolios over the last 90 days. In spite of fairly fragile technical and fundamental indicators, X Square may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
| Expense Ratio Date | 30th of April 2023 | |
| Expense Ratio | 2.7500 |
SQBFX |
X Square Relative Risk vs. Return Landscape
If you would invest 1,329 in X Square Balanced on August 31, 2024 and sell it today you would earn a total of 94.00 from holding X Square Balanced or generate 7.07% return on investment over 90 days. X Square Balanced is currently producing 0.1098% returns and takes up 0.5069% volatility of returns over 90 trading days. Put another way, 4% of traded etfs are less volatile than SQBFX, and 98% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
X Square Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for X Square's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as X Square Balanced, and traders can use it to determine the average amount a X Square'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 = 0.2166
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | SQBFX | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.51 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 17 83% of assets perform better |
Based on monthly moving average X Square is performing at about 17% 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.
X Square Fundamentals Growth
SQBFX Etf prices reflect investors' perceptions of the future prospects and financial health of X Square, and X Square 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 SQBFX Etf performance.
| Total Asset | 30.73 M | ||||
About X Square Performance
Evaluating X Square's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if X Square 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 X Square 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.
The fund uses a balanced approach to invest in a broad range of securities, including common stocks and investment-grade bonds. Normally, it will target a 60 percent allocation towards U.S. equity securities and a 40 percent allocation towards fixed income securities, including, but not limited to, investment-grade corporate debt, U.S. agency securities, and U.S. mortgage-related and other asset-backed securities and related derivatives. The fund may also invest in securities of foreign issuers.