Financial Select Sector Etf Technical Analysis
| XLF Etf | USD 41.12 0.01 0.02% |
As of the 25th of April, Financial Select shows the Mean Deviation of 0.5542, coefficient of variation of 583.44, and Downside Deviation of 0.7551. In respect to fundamental indicators, the technical analysis model provides you with a way to check existing technical drivers of Financial Select, as well as the relationship between them. Put another way, you can use this information to find out if the entity will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to break down and interpolate nineteen technical drivers for Financial Select Sector, which can be compared to its peers. Please confirm Financial Select Sector variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if Financial Select Sector is priced favorably, providing market reflects its regular price of 41.12 per share.
Financial Select Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Financial, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to FinancialFinancial |
Financial Select 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.
Financial Select Sector Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Financial Select Sector volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Financial Select Sector Trend Analysis
Use this graph to draw trend lines for Financial Select Sector. You can use it to identify possible trend reversals for Financial Select as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Financial Select price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Financial Select Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Financial Select Sector applied against its price change over selected period. The best fit line has a slop of 0.04 , which may imply that Financial Select Sector will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 61.63, which is the sum of squared deviations for the predicted Financial Select price change compared to its average price change.About Financial Select Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Financial Select Sector on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Financial Select Sector based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Financial Select Sector price pattern first instead of the macroeconomic environment surrounding Financial Select Sector. By analyzing Financial Select's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Financial Select's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Financial Select specific price patterns or momentum indicators. Please read more on our technical analysis page.
Financial Select April 25, 2024 Technical Indicators
Most technical analysis of Financial help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Financial from various momentum indicators to cycle indicators. When you analyze Financial charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1081 | |||
| Market Risk Adjusted Performance | 0.2495 | |||
| Mean Deviation | 0.5542 | |||
| Semi Deviation | 0.6176 | |||
| Downside Deviation | 0.7551 | |||
| Coefficient Of Variation | 583.44 | |||
| Standard Deviation | 0.7053 | |||
| Variance | 0.4974 | |||
| Information Ratio | 0.0468 | |||
| Jensen Alpha | 0.0748 | |||
| Total Risk Alpha | 0.0229 | |||
| Sortino Ratio | 0.0438 | |||
| Treynor Ratio | 0.2395 | |||
| Maximum Drawdown | 3.21 | |||
| Value At Risk | (1.20) | |||
| Potential Upside | 1.21 | |||
| Downside Variance | 0.5702 | |||
| Semi Variance | 0.3815 | |||
| Expected Short fall | (0.59) | |||
| Skewness | (0.25) | |||
| Kurtosis | (0.12) |
Financial Select Sector One Year Return
Based on the recorded statements, Financial Select Sector has an One Year Return of 26.2%. This is 237.63% higher than that of the SPDR State Street Global Advisors family and notably lower than that of the Financial category. The one year return for all United States etfs is notably lower than that of the firm.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Financial Select Sector. 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 Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
The market value of Financial Select Sector is measured differently than its book value, which is the value of Financial that is recorded on the company's balance sheet. Investors also form their own opinion of Financial Select's value that differs from its market value or its book value, called intrinsic value, which is Financial Select'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 Financial Select's market value can be influenced by many factors that don't directly affect Financial Select'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 Financial Select's value and its price as these two are different measures arrived at by different means. Investors typically determine if Financial Select is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Financial Select'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.