Technology Select Sector Etf Operating Margin
| XLK Etf | USD 148.73 0.71 0.48% |
Technology Select's fundamental analysis aims to assess its intrinsic value by examining key economic and financial indicators - such as cash flow records, changes in balance sheet accounts, income statement trends, financial ratios, and relevant microeconomic factors affecting Technology Etf price.
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Technology Select Sector ETF Operating Margin Analysis
Technology Select's Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
| Competition |
Based on the recorded statements, Technology Select Sector has an Operating Margin of 0.0%. This indicator is about the same for the SPDR State Street Global Advisors average (which is currently at 0.0) family and about the same as Technology (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
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Fund Asset Allocation for Technology Select
The fund invests 99.79% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.Asset allocation divides Technology Select'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.
Technology Fundamentals
| Price To Earning | 2.48 X | |||
| Price To Book | 4.10 X | |||
| Price To Sales | 3.09 X | |||
| Gross Profit | 385.51 M | |||
| Earnings Per Share | 8.67 X | |||
| Beta | 1.26 | |||
| Market Capitalization | 36.99 B | |||
| Total Asset | 35.63 B | |||
| One Year Return | 22.90 % | |||
| Three Year Return | 31.10 % | |||
| Five Year Return | 19.30 % | |||
| Ten Year Return | 22.10 % | |||
| Net Asset | 35.63 B | |||
| Last Dividend Paid | 0.28 | |||
| Equity Positions Weight | 99.79 % |
About Technology Select Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Technology Select Sector's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Technology Select using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Technology Select Sector 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.
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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 if Technology Select is a good investment 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.