Energy Select Sector Etf Price on December 12, 2024
| XLE Etf | USD 89.67 0.73 0.81% |
Below is the normalized historical share price chart for Energy 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 Energy Select stands at 89.67, as last reported on the 12th of December 2024, with the highest price reaching 90.40 and the lowest price hitting 89.58 during the day.
If you're considering investing in Energy Etf, it is important to understand the factors that can impact its price. At this point, Energy Select is very steady. Energy Select Sector secures Sharpe Ratio (or Efficiency) of 0.0775, which denotes the etf had a 0.0775% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Energy Select Sector, which you can use to evaluate the volatility of the entity. Please confirm Energy Select's Mean Deviation of 0.8636, coefficient of variation of 1073.62, and Downside Deviation of 1.26 to check if the risk estimate we provide is consistent with the expected return of 0.0927%.
Energy Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 27.5 | 200 Day MA 91.3544 | 1 y Volatility 14.05 | 50 Day MA 92.233 | Inception Date 1998-12-16 |
Energy |
Sharpe Ratio = 0.0775
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Estimated Market Risk
| 1.2 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Energy 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 Energy Select by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 118.2 K |
Energy Select Valuation on December 12, 2024
It is possible to determine the worth of Energy Select on a given historical date. On December 12, 2024 Energy was worth 90.4 at the beginning of the trading date compared to the closed value of 89.67. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Energy Select etf. Still, in general, we apply an absolute valuation method to find Energy 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 Energy Select where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Energy Select's related companies.
| Open | High | Low | Close | Volume | |
| 90.44 | 90.74 | 89.96 | 90.40 | 11,572,340 | |
12/12/2024 | 90.40 | 90.40 | 89.58 | 89.67 | 10,870,730 |
| Backtest Energy Select | | | Energy Select History | | | Energy Select Valuation | Previous |
Energy Select Trading Date Momentum on December 12, 2024
| On December 12 2024 Energy Select Sector was traded for 89.67 at the closing time. Highest Energy Select's price during the trading hours was 90.40 and the lowest price during the day was 89.58 . The net volume was 10.9 M. The overall trading history on the 12th of December 2024 did not affect price variability. The overall trading delta to current price is 0.81% . |
Energy Select Sector Fundamentals Correlations and Trends
By evaluating Energy 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 Energy Select's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Energy financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Energy Select Etf history
Energy 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 Energy is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Energy 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 Energy Select stock prices may prove useful in developing a viable investing in Energy Select
Energy Select Etf Technical Analysis
Energy 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
Energy Select Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Energy 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.
Energy Select December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Energy 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 Energy Select shares will generate the highest return on investment. By undertsting and applying Energy Select etf market strength indicators, traders can identify Energy Select Sector entry and exit signals to maximize returns
Energy Select Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Energy Select's price direction in advance. Along with the technical and fundamental analysis of Energy Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Energy 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 | 0.0712 | |||
| Jensen Alpha | 0.0406 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.1923 |
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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Energy 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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of Energy Select Sector is measured differently than its book value, which is the value of Energy that is recorded on the company's balance sheet. Investors also form their own opinion of Energy Select's value that differs from its market value or its book value, called intrinsic value, which is Energy 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 Energy Select's market value can be influenced by many factors that don't directly affect Energy 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 Energy Select's value and its price as these two are different measures arrived at by different means. Investors typically determine if Energy Select is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Energy 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.