Health Care Select Etf Equity Positions Weight
| XLV Etf | USD 140.86 0.44 0.31% |
Health Care Select fundamentals help investors to digest information that contributes to Health Care's financial success or failures. It also enables traders to predict the movement of Health Etf. The fundamental analysis module provides a way to measure Health Care's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Health Care etf.
Health |
Health Care Select ETF Equity Positions Weight Analysis
Health Care's Percentage of fund asset invested in equity instruments. About 80% of global funds and ETFs carry equity instruments on their balance sheet.
More About Equity Positions Weight | All Equity Analysis
Stock Percentage | = | % of Equities | in the fund |
Current Health Care Equity Positions Weight | 99.89 % |
Most of Health Care's fundamental indicators, such as Equity Positions Weight, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Health Care Select is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Funds with most asset allocated to stocks can be subclassified into many different categories such as market capitalization or investment style.
| Competition |
According to the company disclosure, Health Care Select has an Equity Positions Weight of 99%. This is 10.21% higher than that of the SPDR State Street Global Advisors family and significantly higher than that of the Health category. The equity positions weight for all United States etfs is 89.11% lower than that of the firm.
Health Equity Positions Weight Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Health Care's direct or indirect competition against its Equity Positions Weight to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Health Care could also be used in its relative valuation, which is a method of valuing Health Care by comparing valuation metrics of similar companies.Health Care is currently under evaluation in equity positions weight as compared to similar ETFs.
Fund Asset Allocation for Health Care
The fund invests 99.89% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.Asset allocation divides Health Care's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Health Fundamentals
| Price To Earning | 4.40 X | |||
| Price To Book | 2.99 X | |||
| Price To Sales | 1.60 X | |||
| Gross Profit | 485.93 M | |||
| Earnings Per Share | 6.78 X | |||
| Beta | 0.68 | |||
| Market Capitalization | 27.08 B | |||
| Total Asset | 35.9 B | |||
| One Year Return | 6.90 % | |||
| Three Year Return | 6.10 % | |||
| Five Year Return | 12.00 % | |||
| Ten Year Return | 11.10 % | |||
| Net Asset | 35.9 B | |||
| Last Dividend Paid | 0.43 | |||
| Equity Positions Weight | 99.89 % |
About Health Care Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Health Care Select's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Health Care using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Health Care Select based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Health Care Implied Volatility | 19.28 |
Health Care's implied volatility exposes the market's sentiment of Health Care Select stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Health Care's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Health Care stock will not fluctuate a lot when Health Care's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Health Care in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Health Care's short interest history, or implied volatility extrapolated from Health Care options trading.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Health Care Select is a strong investment it is important to analyze Health Care's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Health Care's future performance. For an informed investment choice regarding Health Etf, refer to the following important reports:Check out Health Care Piotroski F Score and Health Care Altman Z Score analysis. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
The market value of Health Care Select is measured differently than its book value, which is the value of Health that is recorded on the company's balance sheet. Investors also form their own opinion of Health Care's value that differs from its market value or its book value, called intrinsic value, which is Health Care'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 Health Care's market value can be influenced by many factors that don't directly affect Health Care'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 Health Care's value and its price as these two are different measures arrived at by different means. Investors typically determine if Health Care is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Health Care'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.