X Square Balanced Etf Profile
| SQCBX Etf | USD 12.25 0.02 0.16% |
Performance6 of 100
| Odds Of DistressLess than 9
|
X Square is trading at 12.25 as of the 25th of April 2024; that is -0.16 percent down since the beginning of the trading day. The etf's open price was 12.27. X Square has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for X Square Balanced are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of March 2024 and ending today, the 25th of April 2024. Click here to learn more.
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. More on X Square Balanced
Moving together with SQCBX Etf
| 1.0 | SQBIX | X Square Balanced | PairCorr |
| 1.0 | SQBFX | X Square Balanced | PairCorr |
| 0.98 | ALIBX | ALPSSmith Balanced | PairCorr |
Moving against SQCBX Etf
| 0.8 | WTID | UBS ETRACS | PairCorr |
| 0.58 | VSPY | VectorShares | PairCorr |
SQCBX Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. X Square's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding X Square or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Xsquare Capital, Large Blend, Allocation--50% to 70% Equity, Allocation--50% to 70% Equity, Xsquare Capital, Large Blend, Allocation--50% to 70% Equity (View all Sectors) |
| Update Date | 31st of March 2024 |
| Nav | 12.11 |
| Prev Close Price | 12.41 |
| Country Name | USA |
| Name | X-Square Balanced Fund, LLC Class C |
| Currency Code | USD |
| C U S I P | 98401X205 |
| Expense Ratio Date | 30th of April 2023 |
| Code | SQCBX |
| I S I N | US98401X2053 |
| Currency Name | US Dollar |
| Type | FUND |
| Expense Ratio | 3.5 |
| Domicile | United States |
| Fiscal Year End | December |
X Square Balanced [SQCBX] is traded in USA and was established 2019-11-01. X Square is listed under Xsquare Capital category by Fama And French industry classification. The fund is listed under Allocation--50% to 70% Equity category and is part of Xsquare Capital family. This fund at this time have 36.42 M in assets. X Square Balanced is currently producing year-to-date (YTD) return of 2.39% with the current yeild of 0.01%, while the total return for the last 3 years was 1.68%.
Check X Square Probability Of Bankruptcy
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 SQCBX Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding SQCBX Etf, 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 X Square Balanced Etf, 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 X Square Balanced Etf Constituents
| AAPL | Apple Inc | Stock | Information Technology |
| ALLY | Ally Financial | Stock | Financials |
| AMD | Advanced Micro Devices | Stock | Information Technology |
| AMZN | Amazon Inc | Stock | Consumer Discretionary |
| BABA | Alibaba Group Holding | Stock | Consumer Discretionary |
| BAC | Bank of America | Stock | Financials |
| ETSY | Etsy Inc | Stock | Consumer Discretionary |
X Square Target Price Odds Analysis
Based on a normal probability distribution, the odds of X Square jumping above the current price in 90 days from now is about 46.21%. The X Square Balanced probability density function shows the probability of X Square etf to fall within a particular range of prices over 90 days. Assuming the 90 days horizon X Square has a beta of 0.7568. This usually implies as returns on the market go up, X Square average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding X Square Balanced will be expected to be much smaller as well. Additionally, x Square Balanced has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of X Square to move above the current price in 90 days from now is about 46.21 (This X Square Balanced probability density function shows the probability of SQCBX Etf to fall within a particular range of prices over 90 days) .
X Square Balanced Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. X Square market risk premium is the additional return an investor will receive from holding X Square 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 X Square. 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 X Square's alpha and beta are two of the key measurements used to evaluate X Square's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.3972 | |||
| Semi Deviation | 0.4289 | |||
| Standard Deviation | 0.5078 | |||
| Variance | 0.2579 |
X Square Balanced Technical Analysis
Transformation |
The output start index for this execution was zero with a total number of output elements of sixty-one. X Square Balanced Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe X Square price patterns.
X Square Against Markets
Picking the right benchmark for X Square etf 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 X Square etf 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 X Square is critical whether you are bullish or bearish towards X Square Balanced at a given time. Please also check how X Square's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in X Square without increasing your portfolio risk or giving up the 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?
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| All Next | Launch Module |
How to buy SQCBX Etf?
Before investing in X Square, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in X Square. To buy X Square etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of X Square. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase X Square etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located X Square Balanced etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased X Square Balanced etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as X Square Balanced, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in X Square Balanced?
The danger of trading X Square Balanced is mainly related to its market volatility and ETF 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 X Square 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 X Square. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile X Square Balanced 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.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in X Square Balanced. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. Note that the X Square Balanced information on this page should be used as a complementary analysis to other X Square'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 the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
The market value of X Square Balanced is measured differently than its book value, which is the value of SQCBX 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.