Consumer Discretionary Select Etf Price on November 24, 2024
| XLY Etf | USD 220.04 1.09 0.49% |
Below is the normalized historical share price chart for Consumer Discretionary Select extending back to December 22, 1998. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Consumer Discretionary stands at 220.04, as last reported on the 28th of November, with the highest price reaching 221.85 and the lowest price hitting 219.51 during the day.
If you're considering investing in Consumer Etf, it is important to understand the factors that can impact its price. Consumer Discretionary appears to be very steady, given 3 months investment horizon. Consumer Discretionary secures Sharpe Ratio (or Efficiency) of 0.24, which signifies that the etf had a 0.24% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Consumer Discretionary Select, which you can use to evaluate the volatility of the entity. Please makes use of Consumer Discretionary's Downside Deviation of 0.9885, risk adjusted performance of 0.1869, and Mean Deviation of 0.8727 to double-check if our risk estimates are consistent with your expectations.
Consumer Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 24.73 | 200 Day MA 186.5838 | 1 y Volatility 17.31 | 50 Day MA 203.1612 | Inception Date 1998-12-16 |
Consumer |
Sharpe Ratio = 0.2378
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Estimated Market Risk
| 1.12 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.27 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.24 actual daily | 18 82% of assets perform better |
Based on monthly moving average Consumer Discretionary is performing at about 18% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Consumer Discretionary by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 245.4 K |
Consumer Discretionary Valuation on November 24, 2024
It is possible to determine the worth of Consumer Discretionary on a given historical date. On November 24, 2024 Consumer was worth 215.62 at the beginning of the trading date compared to the closed value of 218.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Consumer Discretionary etf. Still, in general, we apply an absolute valuation method to find Consumer Discretionary's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Consumer Discretionary where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Consumer Discretionary's related companies.
| Open | High | Low | Close | Volume | |
| 215.27 | 215.54 | 213.34 | 215.00 | 2,734,234 | |
11/22/2024 | 215.62 | 218.73 | 215.62 | 218.10 | 2,275,292 |
| 220.70 | 222.27 | 220.22 | 220.33 | 3,679,695 |
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Consumer Discretionary Trading Date Momentum on November 24, 2024
| On November 25 2024 Consumer Discretionary Select was traded for 220.33 at the closing time. Highest Consumer Discretionary's price during the trading hours was 222.27 and the lowest price during the day was 220.22 . The net volume was 3.7 M. The overall trading history on the 25th of November contributed to the next trading period price jump. The trading price change to the next next day price was 1.02% . The overall trading delta to current price is 1.58% . |
Consumer Discretionary Fundamentals Correlations and Trends
By evaluating Consumer Discretionary's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Consumer Discretionary's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Consumer financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Consumer Discretionary Etf history
Consumer Discretionary investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Consumer is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Consumer Discretionary will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Consumer Discretionary stock prices may prove useful in developing a viable investing in Consumer Discretionary
Consumer Discretionary Etf Technical Analysis
Consumer Discretionary 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.
Price Boundaries
Consumer Discretionary Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Consumer Discretionary Select cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Consumer Discretionary November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Consumer Discretionary etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Consumer Discretionary shares will generate the highest return on investment. By undertsting and applying Consumer Discretionary etf market strength indicators, traders can identify Consumer Discretionary Select entry and exit signals to maximize returns
Consumer Discretionary Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Consumer Discretionary's price direction in advance. Along with the technical and fundamental analysis of Consumer Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Consumer to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1869 | |||
| Jensen Alpha | 0.137 | |||
| Total Risk Alpha | 0.0825 | |||
| Sortino Ratio | 0.1395 | |||
| Treynor Ratio | 0.2564 |
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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Consumer Discretionary 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 Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
The market value of Consumer Discretionary is measured differently than its book value, which is the value of Consumer that is recorded on the company's balance sheet. Investors also form their own opinion of Consumer Discretionary's value that differs from its market value or its book value, called intrinsic value, which is Consumer Discretionary'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 Consumer Discretionary's market value can be influenced by many factors that don't directly affect Consumer Discretionary'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 Consumer Discretionary's value and its price as these two are different measures arrived at by different means. Investors typically determine if Consumer Discretionary is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Consumer Discretionary'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.