Global X Competition

Etfs . USA . 
Etf . Global X Robotics
BOTZ Etf  USD 33.27  0.14  0.42%   
Global X Robotics competes with SPDR Kensho, Global X, IShares Genomics, Morningstar Unconstrained, and High-yield Municipal; as well as few others. Analyzing Global X competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Global X to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Global X Correlation with its peers.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Global X competition on your existing holdings.
  
Specify up to 10 symbols:
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Global X's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
32.1733.4534.73
Details
Intrinsic
Valuation
LowRealHigh
31.6332.9134.19
Details

Global X Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Global X and its competitors represents the degree of relationship between the price movements of corresponding etfs. A correlation of about +1.0 implies that the price of Global and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Global X Robotics does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
FINX
+ 0.94
KOMP
RRTLX
+ 0.81
MSTSX
VIASP
+ 0.73
FINX
SCAXF
+ 0.71
IDNA
RRTLX
+ 0.71
LBHIX
LBHIX
+ 0.67
MSTSX
  
High negative correlations   
VIASP
- 0.79
SCAXF
SCAXF
- 0.7
FINX
SCAXF
- 0.5
KOMP
VIASP
- 0.44
IDNA
IDNA
- 0.36
FINX
SCAXF
- 0.27
LBHIX

Global X Constituents Risk-Adjusted Indicators

There is a big difference between Global Etf performing well and Global X ETF doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Global X's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
KOMP  0.94  0.01  0.04  0.12  1.04 
(1.03)
 1.77 
(2.24)
 6.06 
FINX  1.04  0.18  0.21  0.25  0.71 
(1.27)
 2.50 
(1.60)
 6.23 
IDNA  0.87 (0.18) 0.00 (0.06) 0.00 
 0.00 
 1.74 
(2.24)
 6.20 
AQUI  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
 0.00 
 0.00 
MSTSX  0.48 (0.05)(0.15) 0.04  0.53 
(0.58)
 1.03 
(1.02)
 2.80 
ABHYX  0.17  0.00 (0.25) 0.08  0.26 
(0.23)
 0.34 
(0.33)
 1.91 
LBHIX  0.11  0.01 (0.40) 0.46  0.00 
(0.29)
 0.24 
(0.24)
 0.96 
SCAXF  0.70 (0.41) 0.00 (0.99) 0.00 
 0.00 
 0.00 
 0.00 
 23.47 
VIASP  0.74  0.08 (0.03)(2.22) 1.13 
(0.80)
 2.28 
(1.20)
 7.18 
RRTLX  0.24  0.01 (0.30) 0.50  0.24 
(0.27)
 0.56 
(0.56)
 1.37 
All Fundamental Data

Global X Competitive Analysis

The better you understand Global X competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Global X's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Global X's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
BOTZ KOMP FINX IDNA AQUI MSTSX ABHYX LBHIX SCAXF VIASP
 0.42 
 33.27 
Global
 0.88 
 53.77 
SPDR
 0.94 
 33.58 
Global
 0.66 
 24.28 
IShares
 0.00 
 0.01 
Aquagold
 1.28 
 11.88 
Morningstar
 0.33 
 8.96 
High-yield
 0.23 
 4.25 
Thrivent
 0.00 
 0.01 
Sparta
 0.32 
 22.05 
Via
Market Volatility
(90 Days Market Risk)
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Out of control
Very steady
Market Performance
(90 Days Performance)
Modest
Good
Solid
Very Weak
Very Weak
Modest
Insignificant
Good
Very Weak
Modest
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Low
Low
Low
Average
Low
Low
Low
Low
Above Average
Current Valuation
(Equity Enterprise Value)
Fairly Valued
Fairly Valued
Under Valued
Fairly Valued
Over Valued
Fairly Valued
Fairly Valued
Over Valued
Fairly Valued
Over Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Hold
Strong Hold
Strong Buy
Hold
Strong Sell
Strong Hold
Cautious Hold
Strong Sell
Strong Sell
Strong Sell
Current Ratio
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
0.62
3.49
Net Asset
1.2 B
1.52 B
499.26 M
170.27 M
3.19 K
116.1 M
672.37 M
674.44 M
3.06 M
355.28 M
Profit Margin
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
-0.1
0.0094
EBITDA
N/A
N/A
N/A
N/A
(727.69 K)
N/A
N/A
N/A
(21.53 K)
33.09 M
Current Valuation
N/A
N/A
N/A
N/A
912.76 K
N/A
N/A
N/A
5.73 M
535.95 M
Price To Book
N/A
N/A
N/A
N/A
N/A
N/A
N/A
1.58
34.42
N/A
Operating Margin
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
-0.15
-0.14
Five Year Return
9.8
10.4
3.6
-2.6
N/A
8.6
1.69
3.31
N/A
8.97
Retained Earnings
N/A
N/A
N/A
N/A
(4.18 M)
N/A
N/A
N/A
N/A
N/A
One Year Return
27.4
32.2
57.5
19.9
N/A
19.87
11.13
11.68
N/A
N/A
Beta
1.52
1.25
1.62
1.15
7.05
N/A
N/A
N/A
1.75
1.16
Equity Positions Weight
100.17
100.05
99.93
99.56
N/A
61.63
N/A
0.07
N/A
N/A
Number Of Employees
452
468
452
403
7
1
1
1
8
169
Cash Position Weight
N/A
N/A
N/A
N/A
N/A
14.28
0.1
6.56
N/A
N/A
Shares Outstanding
N/A
N/A
N/A
N/A
965.83 K
N/A
N/A
N/A
233.95 M
N/A
Three Year Return
-3.5
-4.5
-8.4
-18.9
N/A
7.0
-0.63
2.59
N/A
N/A
Cash Flow From Operations
N/A
N/A
N/A
N/A
(218.19 K)
N/A
N/A
N/A
210.37 K
12.7 M
Annual Yield
N/A
N/A
N/A
N/A
N/A
0.021
0.0041
0.0617
N/A
0.0972
Total Debt
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
125 K
135 M
Return On Equity
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
0.017
Bond Positions Weight
N/A
N/A
N/A
N/A
N/A
22.72
2.0
92.23
N/A
N/A
Z Score
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
37.6
1.0
Holdings Turnover
N/A
N/A
N/A
N/A
N/A
269.0
N/A
N/A
N/A
N/A
Return On Asset
N/A
N/A
N/A
N/A
-5.5
N/A
N/A
N/A
-0.21
-0.11
Book Value Per Share
N/A
N/A
N/A
N/A
-1.18
N/A
N/A
N/A
-0.002
3.66
Number Of Shares Shorted
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
4.29 K
Minimum Initial Investment
N/A
N/A
N/A
N/A
N/A
N/A
N/A
2 K
N/A
N/A
Current Liabilities
N/A
N/A
N/A
N/A
794 K
N/A
N/A
N/A
N/A
N/A
Total Asset
1.2 B
1.52 B
499.26 M
170.27 M
3.19 K
215.11 M
243.16 M
347.66 M
3.06 M
355.28 M
Last Dividend Paid
0.064
0.065
0.0247
0.24
N/A
N/A
0.03
0.02
N/A
0.73
Debt To Equity
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
101.0
0.69
Short Ratio
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
0.7
Market Capitalization
N/A
N/A
N/A
N/A
96.58 K
50.36 M
N/A
N/A
7.72 M
N/A
Price To Earning
N/A
N/A
N/A
N/A
-0.22
N/A
N/A
35.48
19.55
26.83
Price To Sales
N/A
N/A
N/A
N/A
N/A
N/A
N/A
1.23
0.63
N/A
Net Income
N/A
N/A
N/A
N/A
(627.79 K)
N/A
N/A
N/A
(609.44 K)
5.2 M
Earnings Per Share
N/A
N/A
N/A
N/A
-0.63
N/A
N/A
N/A
-0.003
1.17
Shares Owned By Insiders
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
9.51
N/A
Year To Date Return
N/A
N/A
N/A
N/A
N/A
13.69
6.09
6.69
N/A
N/A
Revenue
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
5.19 M
393.49 M
Working Capital
N/A
N/A
N/A
N/A
(794 K)
N/A
N/A
N/A
N/A
N/A
Ten Year Return
N/A
N/A
N/A
N/A
N/A
N/A
4.84
6.0
N/A
N/A
Cash And Equivalents
N/A
N/A
N/A
N/A
1.15 K
N/A
N/A
N/A
909.32 K
51.31 M
Cash Per Share
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
3.23
Gross Profit
N/A
N/A
N/A
N/A
(143.88 K)
N/A
N/A
N/A
3.68 M
74.67 M
Day Typical Price
33.28
53.89
33.66
24.18
0.006
11.88
8.96
4.25
0.015
22.1
Accumulation Distribution
2188.58
598.32
552.87
171.85
N/A
N/A
N/A
N/A
N/A
234.5
Daily Balance Of Power
(0.56)
(1.12)
(0.78)
0.5517
0.0
9.2 T
(9,223,372,036,855)
(9,223,372,036,855)
0.0
(0.29)
Period Momentum Indicator
(0.14)
(0.48)
(0.32)
0.16
N/A
0.15
(0.03)
(0.01)
N/A
(0.07)
Rate Of Daily Change
1.0
0.99
0.99
1.01
1.0
1.01
1.0
1.0
1.0
1.0
Day Median Price
33.28
53.96
33.71
24.14
0.006
11.88
8.96
4.25
0.015
22.12
Price Action Indicator
(0.09)
(0.42)
(0.29)
0.23
N/A
0.075
(0.01)
(0.01)
N/A
(0.10)
Coefficient Of Variation
1126.55
693.3
386.94
(2,499)
N/A
1873.74
2046.85
584.89
(812.40)
1382.31
Mean Deviation
0.9706
0.9389
1.04
0.8714
N/A
0.4801
0.1662
0.1098
0.7004
0.7409
Jensen Alpha
0.0992
0.0076
0.1787
(0.18)
N/A
(0.05)
(0)
0.014
(0.41)
0.0779
Total Risk Alpha
(0.1)
(0.02)
0.13
(0.24)
N/A
(0.07)
(0.04)
(0.01)
(0.81)
(0.11)
Sortino Ratio
(0.01)
0.04
0.2129
N/A
N/A
(0.15)
(0.25)
(0.40)
N/A
(0.03)
Downside Variance
2.15
1.44
1.09
N/A
N/A
0.4204
0.2181
0.0625
N/A
1.65
Standard Deviation
1.3
1.22
1.36
1.18
N/A
0.6193
0.2865
0.1688
2.89
1.16
Kurtosis
1.45
1.0
1.37
0.9824
N/A
0.0373
8.65
3.71
66.0
5.37
Potential Upside
2.21
1.77
2.5
1.74
N/A
1.03
0.3382
0.2375
N/A
2.28
Treynor Ratio
1.97
0.1243
0.2497
(0.06)
N/A
0.0382
0.0836
0.4625
(0.99)
(2.22)
Maximum Drawdown
6.78
6.06
6.23
6.2
N/A
2.8
1.91
0.9552
23.47
7.18
Variance
1.69
1.5
1.84
1.4
N/A
0.3836
0.0821
0.0285
8.35
1.35
Market Risk Adjusted Performance
1.98
0.1343
0.2597
(0.05)
N/A
0.0482
0.0936
0.4725
(0.98)
(2.21)
Risk Adjusted Performance
0.072
0.114
0.2019
(0.03)
N/A
0.0384
0.0207
0.0954
(0.09)
0.0587
Skewness
(0.78)
(0.12)
0.7553
(0.65)
N/A
0.0305
(1.72)
1.16
(8.12)
(0.88)
Semi Deviation
1.37
1.04
0.7105
N/A
N/A
0.5304
0.2597
0.0
N/A
1.13
Information Ratio
(0.01)
0.0392
0.1636
(0.15)
N/A
(0.15)
(0.40)
(0.59)
(0.17)
(0.04)
Value At Risk
(1.91)
(2.24)
(1.60)
(2.24)
N/A
(1.02)
(0.33)
(0.24)
N/A
(1.20)
Expected Short fall
(0.98)
(1.03)
(1.27)
N/A
N/A
(0.58)
(0.23)
(0.29)
N/A
(0.80)
Downside Deviation
1.47
1.2
1.04
N/A
N/A
0.6484
0.467
0.25
N/A
1.29
Semi Variance
1.88
1.08
0.5048
N/A
N/A
0.2813
0.0674
(0.02)
N/A
1.27

Global X Competition Performance Charts

Five steps to successful analysis of Global X Competition

Global X's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Global X Robotics in relation to its competition. Global X's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Global X in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Global X's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Global X Robotics, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Global X position

In addition to having Global X in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Aggressive Funds
Aggressive Funds Theme
Funds or Etfs that attempt to achieve high capital gains by investing in companies with high growth potential and above average risk. The Aggressive Funds theme has 45 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Aggressive Funds Theme or any other thematic opportunities.
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When determining whether Global X Robotics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Global X's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Global X Robotics Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Global X Robotics Etf:
How To Invest In Global
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ETF Directory
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Largest Robots And Drones Companies
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Largest Theme ETFs Companies
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Check out Global X Correlation with its peers.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
The market value of Global X Robotics is measured differently than its book value, which is the value of Global that is recorded on the company's balance sheet. Investors also form their own opinion of Global X's value that differs from its market value or its book value, called intrinsic value, which is Global X'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 Global X's market value can be influenced by many factors that don't directly affect Global X's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Beneish
M Score
Details
Financial
Analysis
Details
Buy or Sell
Advice
Details
Technical
Analysis
Details
Please note, there is a significant difference between Global X's value and its price as these two are different measures arrived at by different means. Investors typically determine if Global X is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Global X'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.
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
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