Industrial Select Sector Etf Price on September 4, 2024
| XLI Etf | USD 143.18 0.53 0.37% |
Below is the normalized historical share price chart for Industrial Select Sector 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 Industrial Select stands at 143.18, as last reported on the 28th of November, with the highest price reaching 143.18 and the lowest price hitting 143.18 during the day.
If you're considering investing in Industrial Etf, it is important to understand the factors that can impact its price. Industrial Select is very steady at the moment. Industrial Select Sector holds Efficiency (Sharpe) Ratio of 0.15, which attests that the entity had a 0.15% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Industrial Select Sector, which you can use to evaluate the volatility of the entity. Please check out Industrial Select's Risk Adjusted Performance of 0.1434, market risk adjusted performance of 0.1604, and Downside Deviation of 0.7972 to validate if the risk estimate we provide is consistent with the expected return of 0.15%.
Industrial Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 19.38 | 200 Day MA 127.1945 | 1 y Volatility 13.49 | 50 Day MA 137.1604 | Inception Date 1998-12-16 |
Industrial |
Sharpe Ratio = 0.1547
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Estimated Market Risk
| 0.94 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 12 88% of assets perform better |
Based on monthly moving average Industrial Select is performing at about 12% 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 Industrial Select by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 72.1 K |
Industrial Select Valuation on September 4, 2024
It is possible to determine the worth of Industrial Select on a given historical date. On September 4, 2024 Industrial was worth 128.05 at the beginning of the trading date compared to the closed value of 128.26. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Industrial Select etf. Still, in general, we apply an absolute valuation method to find Industrial Select'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 Industrial Select where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Industrial Select's related companies.
| Open | High | Low | Close | Volume | |
| 130.39 | 130.60 | 127.64 | 128.13 | 9,332,520 | |
09/04/2024 | 128.05 | 129.04 | 127.78 | 128.26 | 7,809,778 |
| 127.99 | 128.14 | 126.06 | 126.77 | 8,044,545 |
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Industrial Select Trading Date Momentum on September 4, 2024
| On September 05 2024 Industrial Select Sector was traded for 126.77 at the closing time. Highest Industrial Select's price during the trading hours was 128.14 and the lowest price during the day was 126.06 . The net volume was 8 M. The overall trading history on the 5th of September contributed to the next trading period price depreciation. The trading price change to the next next day price was 1.16% . The trading delta at closing time to current price is 1.92% . |
Industrial Select Sector Fundamentals Correlations and Trends
By evaluating Industrial Select'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 Industrial Select's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Industrial financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Industrial Select Etf history
Industrial Select 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 Industrial is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Industrial Select Sector 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 Industrial Select stock prices may prove useful in developing a viable investing in Industrial Select
Under normal market conditions, the fund generally invests substantially all, but at least 95, of its total assets in the securities comprising the index. SP 500 is traded on NYSEARCA Exchange in the United States.
Industrial Select Etf Technical Analysis
Industrial Select 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
Industrial Select Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Industrial Select Sector 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.
Industrial Select November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Industrial Select etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Industrial Select shares will generate the highest return on investment. By undertsting and applying Industrial Select etf market strength indicators, traders can identify Industrial Select Sector entry and exit signals to maximize returns
Industrial Select Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Industrial Select's price direction in advance. Along with the technical and fundamental analysis of Industrial Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Industrial 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 | 0.1434 | |||
| Jensen Alpha | 0.0321 | |||
| Total Risk Alpha | 0.0157 | |||
| Sortino Ratio | 0.0512 | |||
| Treynor Ratio | 0.1504 |
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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Industrial 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 Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
The market value of Industrial Select Sector is measured differently than its book value, which is the value of Industrial that is recorded on the company's balance sheet. Investors also form their own opinion of Industrial Select's value that differs from its market value or its book value, called intrinsic value, which is Industrial 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 Industrial Select's market value can be influenced by many factors that don't directly affect Industrial 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 Industrial Select's value and its price as these two are different measures arrived at by different means. Investors typically determine if Industrial Select is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Industrial 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.