Fundx Mutual Fund Quote

RELAX
 Fund
  

USD 36.24  0.25  0.69%   

Market Performance
0 of 100
Odds Of Distress
Less than 2
Fundx Conservative is trading at 36.24 as of the 7th of July 2022; that is -0.69 percent down since the beginning of the trading day. The fund's open price was 36.49. Fundx Conservative has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Fundx Conservative Upgrader are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of April 2022 and ending today, the 7th of July 2022. Click here to learn more.
The fund is a fund-of-funds and as such invests primarily in no-load and load-waived mutual funds, including ETFs . Fundx Conservative is traded on NASDAQ Exchange in the United States. More on Fundx Conservative Upgrader

Moving together with Fundx Conservative

0.96DISWalt Disney Fiscal Year End 9th of November 2022 PairCorr
0.96AAAlcoa Corp Upward RallyPairCorr
0.67HPQHP Inc Potential GrowthPairCorr
0.88JPMJP Morgan Chase Earnings Call  This WeekPairCorr

Fundx Conservative Mutual Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Fundx Conservative's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Fundx Conservative or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Fundx Conservative generated a negative expected return over the last 90 days
Fundx Conservative is unlikely to experience financial distress in the next 2 years
Latest headline from www.bloomberg.com: India Relaxes Rules to Boost Foreign Inflows, Stem Rupee Fall - Bloomberg
The fund maintains about 7.26% of its assets in cash
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Fundx Conservative's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong BuyFairly Valued
Beta In Three Year1.03
Startdate1st of July 2002
Fundx Conservative Upgrader [RELAX] is traded in USA and was established 7th of July 2022. The fund is listed under Tactical Allocation category and is part of Fund X family. Fundx Conservative at this time has accumulated 90.31 M in assets with minimum initial investment of 1 K. , while the total return for the last 3 years was 5.21%.
Check Fundx Conservative Probability Of Bankruptcy

Instrument Allocation

Sector Allocation (%)

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Fundx Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Fundx Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Fundx Conservative Upgrader Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top Fundx Conservative Upgrader Constituents

Fundx Conservative Target Price Odds Analysis

What are Fundx Conservative's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Fundx Conservative jumping above the current price in 90 days from now is more than 93.0%. The Fundx Conservative Upgrader probability density function shows the probability of Fundx Conservative mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Fundx Conservative has a beta of 0.4079 indicating as returns on the market go up, Fundx Conservative average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Fundx Conservative Upgrader will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Fundx Conservative is significantly underperforming DOW.
  Odds Below 36.24HorizonTargetOdds Above 36.24
6.74%90 days
 36.24 
93.13%
Based on a normal probability distribution, the odds of Fundx Conservative to move above the current price in 90 days from now is more than 93.0 (This Fundx Conservative Upgrader probability density function shows the probability of Fundx Mutual Fund to fall within a particular range of prices over 90 days) .

Fundx Conservative Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Fundx Conservative market risk premium is the additional return an investor will receive from holding Fundx Conservative long position in a well-diversified portfolio. 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 Fundx Conservative. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Fundx Conservative's alpha and beta are two of the key measurements used to evaluate Fundx Conservative's performance over the market, the standard measures of volatility play an important role as well.

Fundx Conservative Against Markets

Picking the right benchmark for Fundx Conservative mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Fundx Conservative mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Fundx Conservative is critical whether you are bullish or bearish towards Fundx Conservative Upgrader at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Fundx Conservative without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Earnings Calls Now

   

Earnings Calls

Check upcoming earnings announcements updated hourly across public exchanges
All  Next Launch Module

Investing Fundx Conservative Upgrader

You need to understand the risk of investing before taking a position in Fundx Conservative. The danger of trading Fundx Conservative Upgrader is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Fundx Conservative is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Fundx Conservative. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Fundx Conservative is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Additionally, take a look at Your Equity Center. Note that the Fundx Conservative information on this page should be used as a complementary analysis to other Fundx Conservative's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

Complementary Tools for Fundx Mutual Fund analysis

When running Fundx Conservative price analysis, check to measure Fundx Conservative's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fundx Conservative is operating at the current time. Most of Fundx Conservative's value examination focuses on studying past and present price action to predict the probability of Fundx Conservative's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Fundx Conservative's price. Additionally, you may evaluate how the addition of Fundx Conservative to your portfolios can decrease your overall portfolio volatility.
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Go
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Go
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Go
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Go
Focused Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Go
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Go
Watchlist Optimization
Optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm
Go
Transaction History
View history of all your transactions and understand their impact on performance
Go
Probability Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Go
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Go
Piotroski F Score
Get Piotroski F Score based on binary analysis strategy of nine different fundamentals
Go
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Go
Please note, there is a significant difference between Fundx Conservative's value and its price as these two are different measures arrived at by different means. Investors typically determine Fundx Conservative value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fundx Conservative'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.