Materials Select Financials
| XLB Etf | USD 86.47 0.00 0.00% |
Net Expense Ratio 0.0009 | 3 y Sharp Ratio 0.09 |
Materials |
The data published in Materials Select's official financial statements typically reflect Materials Select's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Materials Select's quantitative information. For example, before you start analyzing numbers published by Materials accountants, it's essential to understand Materials Select's liquidity, profitability, and earnings quality within the context of the SPDR State Street Global Advisors space in which it operates.
Please note, the presentation of Materials Select's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Materials Select's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Materials Select's management manipulating its earnings.
Materials Select Etf Summary
Materials Select competes with Industrial Select, Consumer Discretionary, Consumer Staples, Utilities Select, and Health Care. In seeking to track the performance of the index, the fund employs a replication strategy. SP 500 is traded on NYSEARCA Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US81369Y1001 |
| CUSIP | 81369Y100 |
| Region | North America |
| Investment Issuer | SSgA |
| Etf Family | SPDR State Street Global Advisors |
| Fund Category | Sector |
| Portfolio Concentration | Materials |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
Materials Select Key Financial Ratios
Materials Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Materials Select's current stock value. Our valuation model uses many indicators to compare Materials Select value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Materials Select competition to find correlations between indicators driving Materials Select's intrinsic value. More Info.Materials Select Sector is rated first in price to earning as compared to similar ETFs. It is rated first in price to book as compared to similar ETFs fabricating about 1.13 of Price To Book per Price To Earning. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Materials Select's earnings, one of the primary drivers of an investment's value.Materials Select Sector Systematic Risk
Materials Select's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Materials Select volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was five with a total number of output elements of fifty-six. The Beta measures systematic risk based on how returns on Materials Select Sector correlated with the market. If Beta is less than 0 Materials Select generally moves in the opposite direction as compared to the market. If Materials Select Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Materials Select Sector is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Materials Select is generally in the same direction as the market. If Beta > 1 Materials Select moves generally in the same direction as, but more than the movement of the benchmark.
About Materials Select Financials
What exactly are Materials Select Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Materials Select's income statement, its balance sheet, and the statement of cash flows. Potential Materials Select investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Materials Select investors may use each financial statement separately, they are all related. The changes in Materials Select's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Materials Select's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.Materials Select Thematic Clasifications
Materials Select Sector is part of several thematic ideas from Sector ETFs to Materials ETFs. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasMaterials Select March 24, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Materials Select help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Materials Select Sector. We use our internally-developed statistical techniques to arrive at the intrinsic value of Materials Select Sector based on widely used predictive technical indicators. In general, we focus on analyzing Materials Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Materials Select's daily price indicators and compare them against related drivers.
| Information Ratio | 0.0105 | |||
| Maximum Drawdown | 4.69 | |||
| Value At Risk | (1.83) | |||
| Potential Upside | 1.31 |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Materials Select Sector. 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 Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
The market value of Materials Select Sector is measured differently than its book value, which is the value of Materials that is recorded on the company's balance sheet. Investors also form their own opinion of Materials Select's value that differs from its market value or its book value, called intrinsic value, which is Materials 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 Materials Select's market value can be influenced by many factors that don't directly affect Materials 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 Materials Select's value and its price as these two are different measures arrived at by different means. Investors typically determine if Materials Select is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Materials 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.