Fundx Aggressive Etf Five Year Return
XNAV Etf | USD 72.79 0.60 0.83% |
FundX Aggressive ETF fundamentals help investors to digest information that contributes to FundX Aggressive's financial success or failures. It also enables traders to predict the movement of FundX Etf. The fundamental analysis module provides a way to measure FundX Aggressive's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to FundX Aggressive etf.
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FundX Aggressive ETF ETF Five Year Return Analysis
FundX Aggressive's Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.
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Five Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current FundX Aggressive Five Year Return | 11.40 % |
Most of FundX Aggressive's fundamental indicators, such as Five Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, FundX Aggressive ETF is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.
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According to the company disclosure, FundX Aggressive ETF has a Five Year Return of 11.4%. This is much higher than that of the family and significantly higher than that of the Large Growth category. The five year return for all United States etfs is notably lower than that of the firm.
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FundX Fundamentals
Beta | 0.93 | |||
One Year Return | 31.00 % | |||
Three Year Return | 8.70 % | |||
Five Year Return | 11.40 % | |||
Ten Year Return | 8.40 % |
About FundX Aggressive Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze FundX Aggressive ETF's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of FundX Aggressive using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of FundX Aggressive ETF based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Check out FundX Aggressive Piotroski F Score and FundX Aggressive Altman Z Score analysis. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
The market value of FundX Aggressive ETF 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 Aggressive's value that differs from its market value or its book value, called intrinsic value, which is FundX Aggressive'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 Aggressive's market value can be influenced by many factors that don't directly affect FundX Aggressive'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 Aggressive's value and its price as these two are different measures arrived at by different means. Investors typically determine if FundX Aggressive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FundX Aggressive'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.