Select Sector (Mexico) Technical Analysis
XLF Etf | MXN 689.00 14.00 2.07% |
As of the 23rd of April, Select Sector has the Coefficient Of Variation of 629.33, semi deviation of 0.4243, and Risk Adjusted Performance of 0.0996. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Select Sector, as well as the relationship between them. In other words, you can use this information to find out if the etf will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for The Select Sector, which can be compared to its competition. Please validate Select Sector treynor ratio, and the relationship between the variance and potential upside to decide if Select Sector is priced more or less accurately, providing market reflects its prevalent price of 689.0 per share.
Select Sector Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Select, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SelectSelect |
Select Sector 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.
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 Select Sector volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Select Sector Trend Analysis
Use this graph to draw trend lines for The Select Sector. You can use it to identify possible trend reversals for Select Sector 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 Select Sector price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Select Sector Best Fit Change Line
The following chart estimates an ordinary least squares regression model for The Select Sector applied against its price change over selected period. The best fit line has a slop of 0.33 , which means The Select Sector will continue generating value for investors. It has 122 observation points and a regression sum of squares at 4084.45, which is the sum of squared deviations for the predicted Select Sector price change compared to its average price change.About Select Sector 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 The 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 The Select Sector based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Select Sector price pattern first instead of the macroeconomic environment surrounding Select Sector. By analyzing Select Sector'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 Select Sector'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 Select Sector specific price patterns or momentum indicators. Please read more on our technical analysis page.
Select Sector April 23, 2024 Technical Indicators
Most technical analysis of Select 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 Select from various momentum indicators to cycle indicators. When you analyze Select 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.
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Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | 0.0996 | |||
Market Risk Adjusted Performance | 0.7916 | |||
Mean Deviation | 0.5997 | |||
Semi Deviation | 0.4243 | |||
Downside Deviation | 0.6949 | |||
Coefficient Of Variation | 629.33 | |||
Standard Deviation | 0.8047 | |||
Variance | 0.6476 | |||
Information Ratio | 0.0528 | |||
Jensen Alpha | 0.1065 | |||
Total Risk Alpha | 0.0187 | |||
Sortino Ratio | 0.0612 | |||
Treynor Ratio | 0.7816 | |||
Maximum Drawdown | 3.64 | |||
Value At Risk | (1.12) | |||
Potential Upside | 1.72 | |||
Downside Variance | 0.4829 | |||
Semi Variance | 0.18 | |||
Expected Short fall | (0.88) | |||
Skewness | 0.5134 | |||
Kurtosis | 0.2721 |
Select Sector One Year Return
Based on the recorded statements, The Select Sector has an One Year Return of 5.99%. This is 22.81% lower than that of the SPDR State Street Global Advisors family and significantly higher than that of the One Year Return category. The one year return for all Mexico 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 The 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 board of governors. Note that the Select Sector information on this page should be used as a complementary analysis to other Select Sector'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 File Import module to quickly import all of your third-party portfolios from your local drive in csv format.