Utilities Select Sector Etf Price on December 31, 2024
| XLU Etf | USD 76.01 0.02 0.03% |
If you're considering investing in Utilities Etf, it is important to understand the factors that can impact its price. As of today, the current price of Utilities Select stands at 76.01, as last reported on the 9th of January, with the highest price reaching 76.08 and the lowest price hitting 74.76 during the day. Utilities Select Sector owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0479, which indicates the etf had a -0.0479% return per unit of risk over the last 3 months. Utilities Select Sector exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Utilities Select's Risk Adjusted Performance of (0.04), coefficient of variation of (2,086), and Variance of 1.04 to confirm the risk estimate we provide.
Utilities Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Utilities |
Sharpe Ratio = -0.0479
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| Negative Returns | XLU |
Estimated Market Risk
| 1.02 actual daily | 9 91% of assets are more volatile |
Expected Return
| -0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Utilities Select is not performing at its full potential. However, 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 Utilities Select by adding Utilities Select to a well-diversified portfolio.
Utilities Select Valuation on December 31, 2024
It is possible to determine the worth of Utilities Select on a given historical date. On December 31, 2024 Utilities was worth 75.91 at the beginning of the trading date compared to the closed value of 75.69. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Utilities Select etf. Still, in general, we apply an absolute valuation method to find Utilities 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 Utilities Select where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Utilities Select's related companies.
| Open | High | Low | Close | Volume | |
| 75.74 | 75.95 | 75.07 | 75.76 | 8,435,097 | |
12/31/2024 | 75.91 | 76.14 | 75.33 | 75.69 | 6,159,109 |
| 76.24 | 76.66 | 75.72 | 76.27 | 12,046,278 |
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Utilities Select Trading Date Momentum on December 31, 2024
| On January 02 2025 Utilities Select Sector was traded for 76.27 at the closing time. Highest Utilities Select's price during the trading hours was 76.66 and the lowest price during the day was 75.72 . The net volume was 12 M. The overall trading history on the 2nd of January contributed to the next trading period price appreciation. The trading price change to the next next day price was 0.77% . The trading price change to current price is 0.28% . |
Utilities Select Sector Fundamentals Correlations and Trends
By evaluating Utilities 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 Utilities Select's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Utilities financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Utilities Select Etf history
Utilities 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 Utilities is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Utilities 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 Utilities Select stock prices may prove useful in developing a viable investing in Utilities Select
Utilities Select Etf Technical Analysis
Utilities 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
Utilities Select Period Price Range
Low | January 9, 2025
| High |
0.00 | 0.00 |
Utilities 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.
Utilities Select January 9, 2025 Market Strength
Market strength indicators help investors to evaluate how Utilities 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 Utilities Select shares will generate the highest return on investment. By undertsting and applying Utilities Select etf market strength indicators, traders can identify Utilities Select Sector entry and exit signals to maximize returns
Utilities Select Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Utilities Select's price direction in advance. Along with the technical and fundamental analysis of Utilities Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Utilities 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 | (0.04) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | (0.19) |
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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Utilities 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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
The market value of Utilities Select Sector is measured differently than its book value, which is the value of Utilities that is recorded on the company's balance sheet. Investors also form their own opinion of Utilities Select's value that differs from its market value or its book value, called intrinsic value, which is Utilities 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 Utilities Select's market value can be influenced by many factors that don't directly affect Utilities 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 Utilities Select's value and its price as these two are different measures arrived at by different means. Investors typically determine if Utilities Select is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Utilities 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.