Communication Services Financials
| XLC Etf | USD 96.88 0.21 0.22% |
Net Expense Ratio 0.0009 | 3 y Sharp Ratio 0.18 |
Communication |
The data published in Communication Services' official financial statements typically reflect Communication Services' business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Communication Services' quantitative information. For example, before you start analyzing numbers published by Communication accountants, it's essential to understand Communication Services' liquidity, profitability, and earnings quality within the context of the SPDR State Street Global Advisors space in which it operates.
Please note, the presentation of Communication Services' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Communication Services' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Communication Services' management manipulating its earnings.
Communication Services Etf Summary
Communication Services competes with Real Estate, Consumer Discretionary, Materials Select, Industrial Select, and Consumer Staples. Normally, the fund generally invests substantially all, but at least 95, of its total assets in the securities comprising the index. SP 500 is traded on NYSEARCA Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US81369Y8527 |
| CUSIP | 81369Y852 |
| Region | North America |
| Investment Issuer | SSgA |
| Etf Family | SPDR State Street Global Advisors |
| Fund Category | Sector |
| Portfolio Concentration | Communication Services |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
Communication Services Key Financial Ratios
Communication Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Communication Services's current stock value. Our valuation model uses many indicators to compare Communication Services value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Communication Services competition to find correlations between indicators driving Communication Services's intrinsic value. More Info.Communication Services Select is rated first in beta as compared to similar ETFs. It is rated first in one year return as compared to similar ETFs reporting about 35.05 of One Year Return per Beta. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Communication Services' earnings, one of the primary drivers of an investment's value.Communication Services Systematic Risk
Communication Services' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Communication Services volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Communication Services correlated with the market. If Beta is less than 0 Communication Services generally moves in the opposite direction as compared to the market. If Communication Services Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Communication Services is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Communication Services is generally in the same direction as the market. If Beta > 1 Communication Services moves generally in the same direction as, but more than the movement of the benchmark.
About Communication Services Financials
What exactly are Communication Services Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Communication Services' income statement, its balance sheet, and the statement of cash flows. Potential Communication Services investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Communication Services investors may use each financial statement separately, they are all related. The changes in Communication Services's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Communication Services's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.Communication Services Thematic Clasifications
Communication Services Select is part of Sector ETFs investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA ETFs from Sector clasification. ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs
This theme covers USA ETFs from Sector clasification. ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. Get More Thematic Ideas
| Sector ETFs | View |
Communication Services November 24, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Communication Services help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Communication Services Select. We use our internally-developed statistical techniques to arrive at the intrinsic value of Communication Services Select based on widely used predictive technical indicators. In general, we focus on analyzing Communication Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Communication Services's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.8686 | |||
| Information Ratio | 0.0522 | |||
| Maximum Drawdown | 4.46 | |||
| Value At Risk | (1.34) | |||
| Potential Upside | 1.31 |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Communication Services Select. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
The market value of Communication Services is measured differently than its book value, which is the value of Communication that is recorded on the company's balance sheet. Investors also form their own opinion of Communication Services' value that differs from its market value or its book value, called intrinsic value, which is Communication Services' 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 Communication Services' market value can be influenced by many factors that don't directly affect Communication Services' 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 Communication Services' value and its price as these two are different measures arrived at by different means. Investors typically determine if Communication Services is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Communication Services' 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.