Consumer Discretionary Select Etf Price on November 14, 2024
| XLY Etf | USD 229.74 3.86 1.65% |
Below is the normalized historical share price chart for Consumer Discretionary Select 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 Consumer Discretionary stands at 229.74, as last reported on the 29th of December, with the highest price reaching 232.05 and the lowest price hitting 228.63 during the day.
If you're considering investing in Consumer Etf, it is important to understand the factors that can impact its price. Consumer Discretionary appears to be very steady, given 3 months investment horizon. Consumer Discretionary secures Sharpe Ratio (or Efficiency) of 0.18, which signifies that the etf had a 0.18% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Consumer Discretionary Select, which you can use to evaluate the volatility of the entity. Please makes use of Consumer Discretionary's Downside Deviation of 1.24, mean deviation of 0.8939, and Risk Adjusted Performance of 0.1482 to double-check if our risk estimates are consistent with your expectations.
Consumer Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 25.76 | 200 Day MA 191.7618 | 1 y Volatility 18.38 | 50 Day MA 216.7578 | Inception Date 1998-12-16 |
Consumer |
Sharpe Ratio = 0.1802
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Estimated Market Risk
| 1.25 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.22 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average Consumer Discretionary is performing at about 14% 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 Consumer Discretionary by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 271.3 K |
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Consumer Discretionary Valuation on November 14, 2024
It is possible to determine the worth of Consumer Discretionary on a given historical date. On November 14, 2024 Consumer was worth 217.61 at the beginning of the trading date compared to the closed value of 214.87. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Consumer Discretionary etf. Still, in general, we apply an absolute valuation method to find Consumer Discretionary'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 Consumer Discretionary where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Consumer Discretionary's related companies.
| Open | High | Low | Close | Volume | |
| 217.58 | 219.12 | 216.83 | 217.97 | 2,941,664 | |
11/14/2024 | 217.61 | 218.49 | 214.69 | 214.87 | 2,310,476 |
| 213.67 | 214.69 | 212.06 | 213.04 | 3,912,377 |
| Backtest Consumer Discretionary | | | Consumer Discretionary History | | | Consumer Discretionary Valuation | Previous | Next |
Consumer Discretionary Trading Date Momentum on November 14, 2024
| On November 15 2024 Consumer Discretionary Select was traded for 213.04 at the closing time. Highest Consumer Discretionary's price during the trading hours was 214.69 and the lowest price during the day was 212.06 . The net volume was 3.9 M. The overall trading history on the 15th of November 2024 contributed to the next trading period price depreciation. The trading price change to the next next day price was 0.85% . The overall trading delta to current price is 2.52% . |
Consumer Discretionary Fundamentals Correlations and Trends
By evaluating Consumer Discretionary'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 Consumer Discretionary's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Consumer financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Consumer Discretionary Etf history
Consumer Discretionary 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 Consumer is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Consumer Discretionary 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 Consumer Discretionary stock prices may prove useful in developing a viable investing in Consumer Discretionary
Consumer Discretionary Etf Technical Analysis
Consumer Discretionary 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
Consumer Discretionary Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
Consumer Discretionary Select 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.
Consumer Discretionary December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Consumer Discretionary etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Consumer Discretionary shares will generate the highest return on investment. By undertsting and applying Consumer Discretionary etf market strength indicators, traders can identify Consumer Discretionary Select entry and exit signals to maximize returns
Consumer Discretionary Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Consumer Discretionary's price direction in advance. Along with the technical and fundamental analysis of Consumer Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Consumer 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 | 0.1482 | |||
| Jensen Alpha | 0.2138 | |||
| Total Risk Alpha | 0.1788 | |||
| Sortino Ratio | 0.1537 | |||
| Treynor Ratio | (5.93) |
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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Consumer Discretionary 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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
The market value of Consumer Discretionary 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 Discretionary's value that differs from its market value or its book value, called intrinsic value, which is Consumer Discretionary'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 Consumer Discretionary's market value can be influenced by many factors that don't directly affect Consumer Discretionary'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 Consumer Discretionary's value and its price as these two are different measures arrived at by different means. Investors typically determine if Consumer Discretionary is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Consumer Discretionary'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.