Communication Services Select Etf Alpha and Beta Analysis
| XLC Etf | USD 98.40 0.53 0.54% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Communication Services Select. It also helps investors analyze the systematic and unsystematic risks associated with investing in Communication Services over a specified time horizon. Remember, high Communication Services' alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Communication Services' market risk premium analysis include:
Beta 0.66 | Alpha 0.1 | Risk 0.76 | Sharpe Ratio 0.29 | Expected Return 0.22 |
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Communication |
Communication Services Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Communication Services market risk premium is the additional return an investor will receive from holding Communication Services long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Communication Services. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Communication Services' performance over market.| α | 0.10 | β | 0.66 |
Communication Services expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Communication Services' Buy-and-hold return. Our buy-and-hold chart shows how Communication Services performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Communication Services Market Price Analysis
Market price analysis indicators help investors to evaluate how Communication Services etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Communication Services shares will generate the highest return on investment. By understating and applying Communication Services etf market price indicators, traders can identify Communication Services position entry and exit signals to maximize returns.
Communication Services Return and Market Media
The median price of Communication Services for the period between Sun, Sep 1, 2024 and Sat, Nov 30, 2024 is 90.62 with a coefficient of variation of 4.49. The daily time series for the period is distributed with a sample standard deviation of 4.09, arithmetic mean of 91.13, and mean deviation of 3.22. The Etf received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Charter Communications most shorted SP 500 communications stock in August | 09/13/2024 |
2 | One of the top-performing sectors could be heading for trouble | 09/26/2024 |
3 | XLC A Major Change To Fund Composition And An End To The High Concentration - Seeking Alpha | 10/03/2024 |
4 | Netflix ETFs to Buy on Robust Q3 Earnings - Zacks Investment Research | 10/18/2024 |
5 | Tesla, GM, Norwegian Cruise Push Consumer Discretionary Ahead Of SP 500 On Election Day | 11/06/2024 |
6 | XLC Hold On, But Be Prepared To Sell - Seeking Alpha | 11/21/2024 |
About Communication Services Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Communication or other etfs. Alpha measures the amount that position in Communication Services has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Communication Services in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Communication Services' short interest history, or implied volatility extrapolated from Communication Services options trading.
Build Portfolio with Communication Services
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Communication Services Backtesting, Portfolio Optimization, Communication Services Correlation, Communication Services Hype Analysis, Communication Services Volatility, Communication Services History and analyze Communication Services Performance. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Communication Services 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.