Communication Services Select Etf Current Valuation
| XLC Etf | USD 98.40 0.53 0.54% |
Valuation analysis of Communication Services helps investors to measure Communication Services' intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns.
Undervalued
Today
Please note that Communication Services' price fluctuation is very steady at this time. Calculation of the real value of Communication Services is based on 3 months time horizon. Increasing Communication Services' time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Communication Services is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Communication Etf. However, Communication Services' intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 98.4 | Real 104.59 | Hype 98.44 | Naive 97.18 |
The real value of Communication Etf, also known as its intrinsic value, is the underlying worth of Communication Services ETF, which is reflected in its stock price. It is based on Communication Services' financial performance, growth prospects, management team, or industry conditions. The intrinsic value of Communication Services' stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, or news.
Estimating the potential upside or downside of Communication Services Select helps investors to forecast how Communication etf's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Communication Services more accurately as focusing exclusively on Communication Services' fundamentals will not take into account other important factors: Communication Services Select ETF Current Valuation Analysis
Communication Services' Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Communication Services Select has a Current Valuation of 0.0. This indicator is about the same for the SPDR State Street Global Advisors average (which is currently at 0.0) family and about the same as Communications (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
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Fund Asset Allocation for Communication Services
The fund invests 99.86% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.Asset allocation divides Communication Services' investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Communication Fundamentals
| Number Of Employees | 656 | |||
| Beta | 1.11 | |||
| Total Asset | 8.19 B | |||
| One Year Return | 39.90 % | |||
| Three Year Return | 9.30 % | |||
| Five Year Return | 14.10 % | |||
| Net Asset | 8.19 B | |||
| Last Dividend Paid | 0.11 | |||
| Equity Positions Weight | 99.86 % |
About Communication Services Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Communication Services Select's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Communication Services using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Communication Services Select based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Communication Services offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Communication Services' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Communication Services Select Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Communication Services Select Etf:Check out Communication Services Piotroski F Score and Communication Services Altman Z Score analysis. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
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.