Energy Select Sector Etf Performance
| XLE Etf | USD 93.84 0.29 0.31% |
The etf shows a Beta (market volatility) of 0.28, which means not very significant fluctuations relative to the market. As returns on the market increase, Energy Select's returns are expected to increase less than the market. However, during the bear market, the loss of holding Energy Select is expected to be smaller as well.
Risk-Adjusted Performance
22 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Energy Select Sector are ranked lower than 22 (%) of all global equities and portfolios over the last 90 days. In spite of rather fragile essential indicators, Energy Select exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Oil breaks above technical resistance and has upside room to 85 per barrel - BTIG | 01/29/2024 |
2 | AskSlim Market Week - Friday, March 8 | 03/08/2024 |
3 | Oil prices push higher as Russia orders output cuts, Goldman issues bullish view | 03/25/2024 |
4 | Should You Invest in the Energy Select Sector SPDR ETF | 03/27/2024 |
5 | Oil Giant ConocoPhillips Asks Court to Hit Pause on Venezuela Asset Auction Report | 04/01/2024 |
6 | Energy might be the the story of the summer, one CIO says. Heres how to play it | 04/02/2024 |
7 | The 3 Best Oil Gas Stocks to Buy in April 2024 | 04/04/2024 |
8 | Zacks Investment Ideas feature highlights The Energy Select Sector SPDR Fund, Murphy USA and Marathon Petroleum | 04/05/2024 |
9 | Energy Stocks Rally Under The Radar | 04/09/2024 |
10 | Brent crude tops 90 on Mideast fears, but IEA sees slower global oil demand growth | 04/12/2024 |
11 | Do-Or-die Week For Stocks And Gold To PausePullback | 04/15/2024 |
12 | Truist upgrades energy sector to overweight rating as technicals improve | 04/18/2024 |
| In Threey Sharp Ratio | 0.94 |
Energy |
Energy Select Relative Risk vs. Return Landscape
If you would invest 7,983 in Energy Select Sector on January 20, 2024 and sell it today you would earn a total of 1,401 from holding Energy Select Sector or generate 17.55% return on investment over 90 days. Energy Select Sector is generating 0.2569% of daily returns assuming volatility of 0.8936% on return distribution over 90 days investment horizon. In other words, 7% of etfs are less volatile than Energy, and above 95% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Energy Select Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Energy Select's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Energy Select Sector, and traders can use it to determine the average amount a Energy 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 = 0.2875
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Estimated Market Risk
| 0.89 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.26 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.29 actual daily | 22 78% of assets perform better |
Based on monthly moving average Energy Select is performing at about 22% 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.
Energy Select Fundamentals Growth
Energy Etf prices reflect investors' perceptions of the future prospects and financial health of Energy Select, and Energy 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 Energy Etf performance.
| Price To Earning | 4.94 X | |||
| Price To Book | 1.85 X | |||
| Price To Sales | 1.54 X | |||
| Earnings Per Share | 11.33 X | |||
| Total Asset | 42.79 B | |||
About Energy Select Performance
To evaluate Energy Select Sector Etf as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Energy Select generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Energy Etf's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Energy Select Sector market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Energy's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.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.| Latest headline from seekingalpha.com: Truist upgrades energy sector to overweight rating as technicals improve | |
| The fund keeps 99.87% of its net assets in stocks |
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 tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic 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 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.