Select Sector (Mexico) Profile

XLY Etf  MXN 3,044  0.20  0.01%   

Performance

1 of 100

 
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High
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Odds Of Distress

Less than 9

 
100  
 
Zero
Low
Select Sector is trading at 3044.00 as of the 29th of March 2024; that is -0.0066% down since the beginning of the trading day. The etf's open price was 3044.2. Select Sector has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for The Select Sector are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of April 2022 and ending today, the 29th of March 2024. Click here to learn more.
The investment seeks investment results that, before expenses, correspond to the price and yield performance of publicly traded equity securities of companies in the Consumer Discretionary Select Sector Index. SELECT SECTOR is traded on Mexico Stock Exchange in Mexico. More on The Select Sector

Moving against Select Etf

  0.42BND Vanguard Bond IndexPairCorr

Select Etf Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Select Sector's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Select Sector or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Business Concentrationnull, SPDR State Street Global Advisors (View all Sectors)
Beta In Three Year1.19
As Of DateJune 30, 2019
The Select Sector [XLY] is traded in Mexico and was established 1998-12-16. The fund is listed under null category and is part of SPDR State Street Global Advisors family. Select Sector at this time have 13.78 B in net assets. , while the total return for the last 3 years was 16.78%.
Check Select Sector Probability Of Bankruptcy

Select Sector Target Price Odds Analysis

Based on a normal probability distribution, the odds of Select Sector jumping above the current price in 90 days from now is about 44.15%. The The Select Sector probability density function shows the probability of Select Sector etf to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon The Select Sector has a beta of -0.1223. This entails as returns on benchmark increase, returns on holding Select Sector are expected to decrease at a much lower rate. During the bear market, however, The Select Sector is likely to outperform the market. Additionally, the Select Sector has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 3044.0HorizonTargetOdds Above 3044.0
55.28%90 days
 3,044 
44.15%
Based on a normal probability distribution, the odds of Select Sector to move above the current price in 90 days from now is about 44.15 (This The Select Sector probability density function shows the probability of Select Etf to fall within a particular range of prices over 90 days) .

Select Sector Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Select Sector market risk premium is the additional return an investor will receive from holding Select Sector long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Select Sector. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Select Sector's alpha and beta are two of the key measurements used to evaluate Select Sector's performance over the market, the standard measures of volatility play an important role as well.

Select Sector Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Select Sector Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe Select Sector price patterns.

Select Sector Against Markets

Picking the right benchmark for Select Sector etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Select Sector etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Select Sector is critical whether you are bullish or bearish towards The Select Sector at a given time. Please also check how Select Sector's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Select Sector without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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How to buy Select Etf?

Before investing in Select Sector, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Select Sector. To buy Select Sector etf, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Select Sector. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Select Sector etf. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located The Select Sector etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased The Select Sector etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as The Select Sector, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in The Select Sector?

The danger of trading The Select Sector is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Select Sector is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Select Sector. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Select Sector is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in The Select Sector. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.

Complementary Tools for Select Etf analysis

When running Select Sector's price analysis, check to measure Select Sector's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Select Sector is operating at the current time. Most of Select Sector's value examination focuses on studying past and present price action to predict the probability of Select Sector's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Select Sector's price. Additionally, you may evaluate how the addition of Select Sector to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Select Sector's value and its price as these two are different measures arrived at by different means. Investors typically determine if Select Sector is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Select Sector'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.