Technology Select Sector Etf Current Valuation
| XLK Etf | USD 202.65 3.73 1.81% |
Valuation analysis of Technology Select Sector helps investors to measure Technology Select's 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 Technology Select's price fluctuation is very steady at this time. Calculation of the real value of Technology Select Sector is based on 3 months time horizon. Increasing Technology Select's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Technology Select's intrinsic value may or may not be the same as its current market price of 202.65, 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 202.65 | Real 207.62 | Hype 203.26 |
The intrinsic value of Technology Select's stock can be calculated using various methods such as discounted cash flow or dividend analysis. That value may differ from its market price, which is determined by factors such as investor sentiment, market trends, headlines, and other external factors that may influence Technology Select's stock price.
Estimating the potential upside or downside of Technology Select Sector helps investors to forecast how Technology 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 Technology Select more accurately as focusing exclusively on Technology Select's fundamentals will not take into account other important factors: Technology Select Sector ETF Current Valuation Analysis
Technology Select's 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, Technology Select Sector 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 Technology (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
Did you try this?
Run FinTech Suite Now
FinTech SuiteUse AI to screen and filter profitable investment opportunities |
| All Next | Launch Module |
Fund Asset Allocation for Technology Select
The fund invests 99.79% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.Asset allocation divides Technology Select's 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.
Technology Fundamentals
| Price To Earning | 2.48 X | |||
| Price To Book | 4.10 X | |||
| Price To Sales | 3.09 X | |||
| Gross Profit | 385.51 M | |||
| Earnings Per Share | 8.67 X | |||
| Beta | 1.21 | |||
| Market Capitalization | 36.99 B | |||
| Total Asset | 35.63 B | |||
| One Year Return | (0.20) % | |||
| Three Year Return | 9.70 % | |||
| Five Year Return | 22.30 % | |||
| Ten Year Return | 18.80 % | |||
| Net Asset | 35.63 B | |||
| Last Dividend Paid | 0.28 | |||
| Equity Positions Weight | 99.79 % |
About Technology Select Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Technology Select Sector's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Technology Select using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Technology Select Sector 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.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Technology Select Piotroski F Score and Technology Select Altman Z Score analysis. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
The market value of Technology Select Sector is measured differently than its book value, which is the value of Technology that is recorded on the company's balance sheet. Investors also form their own opinion of Technology Select's value that differs from its market value or its book value, called intrinsic value, which is Technology 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 Technology Select's market value can be influenced by many factors that don't directly affect Technology 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 Technology Select's value and its price as these two are different measures arrived at by different means. Investors typically determine if Technology Select is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Technology 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.