Technology Select Sector Etf Price on November 26, 2024
| XLK Etf | USD 235.96 3.47 1.49% |
Below is the normalized historical share price chart for Technology 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 Technology Select stands at 235.96, as last reported on the 22nd of December, with the highest price reaching 237.86 and the lowest price hitting 230.19 during the day.
If you're considering investing in Technology Etf, it is important to understand the factors that can impact its price. As of now, Technology Etf is very steady. Technology Select Sector owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.085, which indicates the etf had a 0.085% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Technology Select Sector, which you can use to evaluate the volatility of the etf. Please validate Technology Select's Coefficient Of Variation of 1288.11, semi deviation of 1.29, and Risk Adjusted Performance of 0.0647 to confirm if the risk estimate we provide is consistent with the expected return of 0.1%.
Technology Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 23.06 | 200 Day MA 219.5956 | 1 y Volatility 14.3 | 50 Day MA 233.295 | Inception Date 1998-12-16 |
Technology |
Sharpe Ratio = 0.085
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | XLK | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.18 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average Technology Select is performing at about 6% 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 Technology Select by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 557.5 K |
Technology Select Valuation on November 26, 2024
It is possible to determine the worth of Technology Select on a given historical date. On November 26, 2024 Technology was worth 234.65 at the beginning of the trading date compared to the closed value of 234.76. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Technology Select etf. Still, in general, we apply an absolute valuation method to find Technology 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 Technology Select where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Technology Select's related companies.
| Open | High | Low | Close | Volume | |
| 235.36 | 235.71 | 232.53 | 233.59 | 5,565,041 | |
11/26/2024 | 234.65 | 235.49 | 233.76 | 234.76 | 3,114,700 |
| 233.17 | 233.24 | 229.53 | 231.58 | 3,182,821 |
| Backtest Technology Select | | | Technology Select History | | | Technology Select Valuation | Previous | Next |
Technology Select Trading Date Momentum on November 26, 2024
| On November 27 2024 Technology Select Sector was traded for 231.58 at the closing time. Highest Technology Select's price during the trading hours was 233.24 and the lowest price during the day was 229.53 . The net volume was 3.2 M. The overall trading history on the 27th of November contributed to the next trading period price depreciation. The trading price change to the next next day price was 1.35% . The trading price change to current price is 2.37% . |
Technology Select Sector Fundamentals Correlations and Trends
By evaluating Technology 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 Technology Select's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Technology financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Technology Select Etf history
Technology 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 Technology is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Technology 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 Technology Select stock prices may prove useful in developing a viable investing in Technology Select
In seeking to track the performance of the index, the fund employs a replication strategy, which means that the fund typically invests in substantially all of the securities represented in the index in approximately the same proportions as the index. SP 500 is traded on NYSEARCA Exchange in the United States.
Technology Select Etf Technical Analysis
Technology 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
Technology Select Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
Technology 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.
Technology Select December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Technology 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 Technology Select shares will generate the highest return on investment. By undertsting and applying Technology Select etf market strength indicators, traders can identify Technology Select Sector entry and exit signals to maximize returns
Technology Select Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Technology Select's price direction in advance. Along with the technical and fundamental analysis of Technology Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Technology 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 | 0.0647 | |||
| Jensen Alpha | 0.0604 | |||
| Total Risk Alpha | 0.0481 | |||
| Sortino Ratio | 0.0426 | |||
| Treynor Ratio | 0.0874 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Technology 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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
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.