No press releases found.
Top high growth investment ratio stocks from each sector - GS
Seeking Alpha News (Mon, 22-Apr 4:25 PM ET)
U.S. equities see the largest net buying since late February - GS
Seeking Alpha News (Mon, 22-Apr 3:07 PM ET)
Goldman’s buybacks basket: Buyback growth will be 13% in 2024
Seeking Alpha News (Mon, 22-Apr 1:23 PM ET)
Goldman’s debt issuers stocks basket
Seeking Alpha News (Mon, 22-Apr 12:53 PM ET)
Wall Street's April pullback intensifies as S&P 500 notches worst week in over a year
Seeking Alpha News (Fri, 19-Apr 7:00 PM ET)
Experts Say Higher Interest Rates May Help These Stock Market Sectors
TipRanks (Fri, 19-Apr 5:32 AM ET)
The Materials Select Sector SPDR Fund before expenses seeks to closely match the returns and characteristics of the Materials Select Sector Index (ticker: IXB).
Materials Select Sector SPDR trades on the ARCA stock market under the symbol XLB.
As of April 23, 2024, XLB stock price declined to $88.55 with 4,061,313 million shares trading.
XLB has a beta of 0.94, meaning it tends to be less sensitive to market movements. XLB has a correlation of 0.56 to the broad based SPY ETF.
XLB has a market cap of $5.55 billion. This is considered a Mid Cap stock.
In the last 3 years, XLB stock traded as high as $93.72 and as low as $66.85.
XLB has underperformed the market in the last year with a price return of +11.8% while the SPY ETF gained +24.3%. However, in the short term, XLB had mixed performance relative to the market. It has outperformed in the last 3 months, returning +7.8% vs +4.9% return in SPY. But in the last 2 weeks, XLB shares have been beat by the market, returning -4.6% compared to an SPY return of -2.5%.
XLB support price is $88.15 and resistance is $89.95 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that XLB stock will trade within this expected range on the day.