Materials Select Sector Etf Performance
| XLB Etf | USD 85.58 1.05 1.24% |
The etf secures a Beta (Market Risk) of 0.2, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Materials Select's returns are expected to increase less than the market. However, during the bear market, the loss of holding Materials Select is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days Materials Select Sector has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest inconsistent performance, the Etf's essential indicators remain strong and the current disturbance on Wall Street may also be a sign of long term gains for the ETF investors. ...more
| In Threey Sharp Ratio | 0.19 |
Materials |
Materials Select Relative Risk vs. Return Landscape
If you would invest 9,447 in Materials Select Sector on September 23, 2024 and sell it today you would lose (889.00) from holding Materials Select Sector or give up 9.41% of portfolio value over 90 days. Materials Select Sector is generating negative expected returns assuming volatility of 0.8457% on return distribution over 90 days investment horizon. In other words, 7% of etfs are less volatile than Materials, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Materials Select Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Materials Select's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Materials Select Sector, and traders can use it to determine the average amount a Materials Select's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.1755
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | XLB |
Estimated Market Risk
| 0.85 actual daily | 7 93% of assets are more volatile |
Expected Return
| -0.15 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.18 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Materials 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 Materials Select by adding Materials Select to a well-diversified portfolio.
Materials Select Fundamentals Growth
Materials Etf prices reflect investors' perceptions of the future prospects and financial health of Materials Select, and Materials Select fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Materials Etf performance.
| Price To Earning | 3.26 X | |||
| Price To Book | 3.69 X | |||
| Price To Sales | 1.73 X | |||
| Earnings Per Share | 7.07 X | |||
| Total Asset | 4.7 B | |||
About Materials Select Performance
By analyzing Materials Select's fundamental ratios, stakeholders can gain valuable insights into Materials Select's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Materials Select has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Materials Select has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
In seeking to track the performance of the index, the fund employs a replication strategy. SP 500 is traded on NYSEARCA Exchange in the United States.| Materials Select generated a negative expected return over the last 90 days | |
| The fund keeps 99.9% of its net assets in stocks |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Materials 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 Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
The market value of Materials Select Sector is measured differently than its book value, which is the value of Materials that is recorded on the company's balance sheet. Investors also form their own opinion of Materials Select's value that differs from its market value or its book value, called intrinsic value, which is Materials 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 Materials Select's market value can be influenced by many factors that don't directly affect Materials 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 Materials Select's value and its price as these two are different measures arrived at by different means. Investors typically determine if Materials Select is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Materials 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.