Technology Etf Price on September 22, 2022 Breakdown

XLK
 Etf
  

USD 131.53  1.47  1.13%   

As of today, the current price of Technology Select is  131.53 , as last reported on the 8th of December, with the highest price reaching  131.86  and the lowest price hitting  129.54  during the day.
Technology Select Sector owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.027, which indicates the etf had -0.027% of return per unit of risk over the last 3 months. Macroaxis standpoint towards measuring the risk of any etf is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Technology Select Sector exposes twenty-eight different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to validate Technology Select Risk Adjusted Performance of 0.0038, semi deviation of 1.99, and Coefficient Of Variation of 304654.52 to confirm the risk estimate we provide.
  

Technology Select Main Headline on 22nd of September 2022

Technology Select Sector dividend paid on 22nd of September 2022

Technology Select Valuation on September 22, 2022

It is possible to determine the worth of Technology Select on a given historical date. On September 22, 2022 Technology was worth 125.96 at the beginning of the trading date compared to the closed value of 125.38. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Technology Select etf. Still, in general, we apply an absolute valuation method to find Technology 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 Visa where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Technology Select's related companies.
 Open High Low Close Volume
  129.35    131.25    126.65    126.67    8,192,855  
09/22/2022
  125.96    126.76    124.67    125.38    8,015,152  
  124.24    124.43    122.11    123.74    9,697,398  
Backtest Technology Select  |  Technology Select History  |  Technology Select Valuation   PreviousNext  
Open Value 125.96
119.14
Downside
125.38
Closing Value
132.78
Upside

Technology Select Trading Date Momentum on September 22, 2022

On September 23 2022 Technology Select Sector was traded for  123.74  at the closing time. Highest Technology Select's price during the trading hours was 124.43  and the lowest price during the day was  122.11 . The net volume was 9.7 M. The overall trading history on the 23rd of September contributed to the next trading period price depreciation. The trading price change to the next next day price was 1.31% . The trading price change to current price is 4.51% .

Technology Select Sector Fundamentals Correlations and Trends

By evaluating Technology 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 Technology Select's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Technology financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Technology Select Etf history

Technology 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 Technology is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Technology 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 Technology Select historical stock prices may prove useful in developing a viable investing in Technology Select
In seeking to track the performance of the index, the fund employs a replication strategy, which means that the fund typically invests in substantially all of the securities represented in the index in approximately the same proportions as the index. SP 500 is traded on NYSEARCA Exchange in the United States.

Technology Select Etf Technical Analysis

Technology 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.
A focus of Technology Select technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Technology Select trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Technology Select Period Price Range

Low
September 22, 2022
High

 125.96 

  

 125.38 

-0.58-0.46%

Technology Select December 8, 2022 Market Strength

Market strength indicators help investors to evaluate how Technology 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 Technology Select shares will generate the highest return on investment. By undertsting and applying Technology Select etf market strength indicators, traders can identify Technology Select Sector entry and exit signals to maximize returns

Technology Select Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Technology stock's direction in advance. Along with the technical and fundamental analysis of Technology Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Technology 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 stock 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.
Check out Your Current Watchlist. You can also try Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

Complementary Tools for analysis

When running Technology Select Sector price analysis, check to measure Technology Select'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 Technology Select is operating at the current time. Most of Technology Select's value examination focuses on studying past and present price action to predict the probability of Technology Select's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Technology Select's price. Additionally, you may evaluate how the addition of Technology Select to your portfolios can decrease your overall portfolio volatility.
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The market value of Technology Select Sector is measured differently than its book value, which is the value of Technology that is recorded on the company's balance sheet. Investors also form their own opinion of Technology Select's value that differs from its market value or its book value, called intrinsic value, which is Technology 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 Technology Select's market value can be influenced by many factors that don't directly affect Technology 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 Technology Select's value and its price as these two are different measures arrived at by different means. Investors typically determine Technology Select value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Technology 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.