Consumer Discretionary's market value is the price at which a share of Consumer Discretionary trades on a public exchange. It measures the collective expectations of Consumer Discretionary Select investors about its performance. Consumer Discretionary is enlisted at 2251.69 as of the 24th of July 2025; that is 1.66 percent down since the beginning of the trading day. The index's open price was 2289.78. With this module, you can estimate the performance of a buy and hold strategy of Consumer Discretionary Select and determine expected loss or profit from investing in Consumer Discretionary over a given investment horizon. Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any index could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Symbol
Consumer
Consumer Discretionary 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Consumer Discretionary's index what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Consumer Discretionary.
0.00
04/25/2025
No Change 0.00
0.0
In 3 months and 1 day
07/24/2025
0.00
If you would invest 0.00 in Consumer Discretionary on April 25, 2025 and sell it all today you would earn a total of 0.00 from holding Consumer Discretionary Select or generate 0.0% return on investment in Consumer Discretionary over 90 days.
Consumer Discretionary Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Consumer Discretionary's index current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Consumer Discretionary Select upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Consumer Discretionary's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Consumer Discretionary's standard deviation. In reality, there are many statistical measures that can use Consumer Discretionary historical prices to predict the future Consumer Discretionary's volatility.
Consumer Discretionary secures Sharpe Ratio (or Efficiency) of 0.17, which signifies that the index had a 0.17 % return per unit of risk over the last 3 months. We have found twenty-six technical indicators for Consumer Discretionary Select, which you can use to evaluate the volatility of the entity. The index shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and Consumer Discretionary are completely uncorrelated.
Auto-correlation
0.74
Good predictability
Consumer Discretionary Select has good predictability. Overlapping area represents the amount of predictability between Consumer Discretionary time series from 25th of April 2025 to 9th of June 2025 and 9th of June 2025 to 24th of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Consumer Discretionary price movement. The serial correlation of 0.74 indicates that around 74.0% of current Consumer Discretionary price fluctuation can be explain by its past prices.
Correlation Coefficient
0.74
Spearman Rank Test
0.54
Residual Average
0.0
Price Variance
1984.05
Consumer Discretionary lagged returns against current returns
Autocorrelation, which is Consumer Discretionary index's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Consumer Discretionary's index expected returns. We can calculate the autocorrelation of Consumer Discretionary returns to help us make a trade decision. For example, suppose you find that Consumer Discretionary has exhibited high autocorrelation historically, and you observe that the index is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values
Timeline
Consumer Discretionary regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Consumer Discretionary index is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Consumer Discretionary index is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Consumer Discretionary index over time.
Current vs Lagged Prices
Timeline
Consumer Discretionary Lagged Returns
When evaluating Consumer Discretionary's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Consumer Discretionary index have on its future price. Consumer Discretionary autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Consumer Discretionary autocorrelation shows the relationship between Consumer Discretionary index current value and its past values and can show if there is a momentum factor associated with investing in Consumer Discretionary Select.
Regressed Prices
Timeline
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