Consumer Staples Select Etf Technical Analysis
| XLP Etf | USD 81.84 0.75 0.92% |
As of the 25th of November, Consumer Staples shows the Mean Deviation of 0.4987, risk adjusted performance of 0.0152, and Downside Deviation of 0.6478. In respect to fundamental indicators, the technical analysis model gives you tools to check existing technical drivers of Consumer Staples, as well as the relationship between them.
Consumer Staples Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Consumer, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ConsumerConsumer |
Consumer Staples 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.
Consumer Staples Select Technical Analysis
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Consumer Staples Select volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Consumer Staples Select Trend Analysis
Use this graph to draw trend lines for Consumer Staples Select. You can use it to identify possible trend reversals for Consumer Staples as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Consumer Staples price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Consumer Staples Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Consumer Staples Select applied against its price change over selected period. The best fit line has a slop of 0.05 , which may imply that the returns on investment in Consumer Staples Select will continue to fail. It has 122 observation points and a regression sum of squares at 87.05, which is the sum of squared deviations for the predicted Consumer Staples price change compared to its average price change.About Consumer Staples Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Consumer Staples Select on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Consumer Staples Select based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Consumer Staples Select price pattern first instead of the macroeconomic environment surrounding Consumer Staples Select. By analyzing Consumer Staples's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Consumer Staples's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Consumer Staples specific price patterns or momentum indicators. Please read more on our technical analysis page.
Consumer Staples November 25, 2024 Technical Indicators
Most technical analysis of Consumer help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Consumer from various momentum indicators to cycle indicators. When you analyze Consumer charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Risk Adjusted Performance | 0.0152 | |||
| Market Risk Adjusted Performance | 0.0505 | |||
| Mean Deviation | 0.4987 | |||
| Semi Deviation | 0.6258 | |||
| Downside Deviation | 0.6478 | |||
| Coefficient Of Variation | 4283.71 | |||
| Standard Deviation | 0.6022 | |||
| Variance | 0.3626 | |||
| Information Ratio | (0.19) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.18) | |||
| Treynor Ratio | 0.0405 | |||
| Maximum Drawdown | 2.42 | |||
| Value At Risk | (0.99) | |||
| Potential Upside | 0.786 | |||
| Downside Variance | 0.4197 | |||
| Semi Variance | 0.3916 | |||
| Expected Short fall | (0.50) | |||
| Skewness | (0.36) | |||
| Kurtosis | (0.37) |
Consumer Staples Select One Year Return
Based on the recorded statements, Consumer Staples Select has an One Year Return of 19.9%. This is 156.44% higher than that of the SPDR State Street Global Advisors family and significantly higher than that of the Consumer Defensive category. The one year return for all United States etfs is notably lower than that of the firm.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Consumer Staples 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 Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
The market value of Consumer Staples Select 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 Staples' value that differs from its market value or its book value, called intrinsic value, which is Consumer Staples' 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 Staples' market value can be influenced by many factors that don't directly affect Consumer Staples' 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 Staples' value and its price as these two are different measures arrived at by different means. Investors typically determine if Consumer Staples is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Consumer Staples' 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.