FundX Aggressive ETF declares annual distribution of 0.0625
| XNAV Etf | USD 74.54 0.80 1.08% |
Slightly above 51% of FundX Aggressive's sophisticated investors are presently thinking to get in. The current sentiment regarding investing in FundX Aggressive ETF etf implies that some traders are interested. FundX Aggressive's investing sentiment can be driven by a variety of factors including economic data, FundX Aggressive's earnings reports, geopolitical events, and overall market trends.
FundX Aggressive etf news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of FundX daily returns and investor perception about the current price of FundX Aggressive ETF as well as its diversification or hedging effects on your existing portfolios.
FundX |
FundX Aggressive ETF pays a dividend of 0.0625 on Jan 02 for shareholders of record on Dec 31.
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FundX Aggressive Fundamental Analysis
We analyze FundX Aggressive'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 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.
One Year Return
One Year Return Comparative Analysis
FundX Aggressive is rated below average in one year return as compared to similar ETFs. One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
FundX Aggressive ETF Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with FundX Aggressive etf to make a market-neutral strategy. Peer analysis of FundX Aggressive could also be used in its relative valuation, which is a method of valuing FundX Aggressive by comparing valuation metrics with similar companies.
Peers
FundX Aggressive Related Equities
| SCAP | Series Portfolios | 2.15 | ||||
| MBOX | Freedom Day | 1.27 | ||||
| XNAV | FundX Aggressive | 1.08 | ||||
| DHDG | FT Vest | 0.91 | ||||
| MBCC | Northern Lights | 0.72 | ||||
| MBBB | VanEck Vectors | 0.42 | ||||
| Z | Zillow Group | 0.28 | ||||
| MBNE | SSGA Active | 0.24 |
Check out FundX Aggressive Hype Analysis, FundX Aggressive Correlation and FundX Aggressive Performance. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
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.