Health Care Select Etf Price on December 30, 2019
| XLV Etf | USD 139.92 0.94 0.67% |
Below is the normalized historical share price chart for Health Care Select extending back to December 22, 1998. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Health Care stands at 139.92, as last reported on the 26th of April, with the highest price reaching 141.00 and the lowest price hitting 139.20 during the day.
If you're considering investing in Health Etf, it is important to understand the factors that can impact its price. We consider Health Care very steady. Health Care Select holds Efficiency (Sharpe) Ratio of 0.0062, which attests that the entity had a 0.0062% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Health Care Select, which you can use to evaluate the volatility of the entity. Please check out Health Care's risk adjusted performance of 0.0266, and Market Risk Adjusted Performance of 0.2001 to validate if the risk estimate we provide is consistent with the expected return of 0.0041%.
Health Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 14.6 | 200 Day MA 136.0005 | 1 y Volatility 11.41 | 50 Day MA 144.2306 | Inception Date 1998-12-16 |
Health |
Sharpe Ratio = 0.0062
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| Negative Returns | XLV |
Estimated Market Risk
| 0.66 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Health Care is not performing at its full potential. However, 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 Health Care by adding Health Care to a well-diversified portfolio.
Average Mkt Cap Mil 164 K |
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
About Health Care Etf history
Health Care investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Health is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Health Care Select will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Health Care stock prices may prove useful in developing a viable investing in Health Care
Health Care Etf Technical Analysis
Health Care technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Price Boundaries
Health Care Period Price Range
Health Care April 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Health Care etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Health Care shares will generate the highest return on investment. By undertsting and applying Health Care etf market strength indicators, traders can identify Health Care Select entry and exit signals to maximize returns
| Accumulation Distribution | 123621.0 | |||
| Daily Balance Of Power | (0.52) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 140.1 | |||
| Day Typical Price | 140.04 | |||
| Price Action Indicator | (0.65) | |||
| Period Momentum Indicator | (0.94) |
Health Care Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Health Care's price direction in advance. Along with the technical and fundamental analysis of Health Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Health to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0266 | |||
| Jensen Alpha | 0.0103 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.1) | |||
| Treynor Ratio | 0.1901 |
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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Health Care Select. 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 economic analysis. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
The market value of Health Care Select is measured differently than its book value, which is the value of Health that is recorded on the company's balance sheet. Investors also form their own opinion of Health Care's value that differs from its market value or its book value, called intrinsic value, which is Health Care'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 Health Care's market value can be influenced by many factors that don't directly affect Health Care'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 Health Care's value and its price as these two are different measures arrived at by different means. Investors typically determine if Health Care is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Health Care'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.