Financial Select Financials
| XLF Etf | USD 50.17 0.63 1.27% |
Net Expense Ratio 0.0009 | 3 y Sharp Ratio 0.24 |
Financial |
The data published in Financial Select's official financial statements typically reflect Financial Select's 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 Financial Select's quantitative information. For example, before you start analyzing numbers published by Financial accountants, it's essential to understand Financial Select's liquidity, profitability, and earnings quality within the context of the SPDR State Street Global Advisors space in which it operates.
Financial Select Etf Summary
Financial Select competes with Energy Select, Technology Select, Health Care, Industrial Select, and Consumer Staples. 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 | US81369Y6059 |
| CUSIP | 81369Y605 |
| Region | North America |
| Investment Issuer | SSgA |
| Etf Family | SPDR State Street Global Advisors |
| Fund Category | Sector |
| Portfolio Concentration | Financials |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
Financial Select Key Financial Ratios
Financial Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Financial Select's current stock value. Our valuation model uses many indicators to compare Financial Select value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Financial Select competition to find correlations between indicators driving Financial Select's intrinsic value. More Info.Financial Select Sector is rated first in price to earning as compared to similar ETFs. It is rated first in price to book as compared to similar ETFs fabricating about 0.36 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Financial Select Sector is roughly 2.77 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Financial Select by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Financial Select Sector Systematic Risk
Financial Select's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Financial Select 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 fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Financial Select Sector correlated with the market. If Beta is less than 0 Financial Select generally moves in the opposite direction as compared to the market. If Financial Select Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Financial Select Sector is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Financial Select is generally in the same direction as the market. If Beta > 1 Financial Select moves generally in the same direction as, but more than the movement of the benchmark.
About Financial Select Financials
What exactly are Financial Select 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 Financial Select's income statement, its balance sheet, and the statement of cash flows. Potential Financial Select investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Financial Select investors may use each financial statement separately, they are all related. The changes in Financial Select's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Financial Select'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.Financial Select Thematic Clasifications
Financial Select Sector is part of several thematic ideas from Sector ETFs to Baby Boomer Prospects. 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. Get More Thematic IdeasFinancial Select November 22, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Financial Select help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Financial Select Sector. We use our internally-developed statistical techniques to arrive at the intrinsic value of Financial Select Sector based on widely used predictive technical indicators. In general, we focus on analyzing Financial Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Financial Select's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.7995 | |||
| Information Ratio | 0.0926 | |||
| Maximum Drawdown | 7.69 | |||
| Value At Risk | (1.23) | |||
| Potential Upside | 1.5 |
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 closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
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.