Global X Competition

Etfs . USA . 
Etf . Global X Interest
RATE Etf   19.85  0.10  0.50%   
Global X Interest competes with Movano, Grayscale Solana, Travelzoo, Sonida Senior, and Marchex; 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
18.4719.8321.19
Details
Intrinsic
Valuation
LowRealHigh
18.2219.5820.94
Details
Naive
Forecast
LowNextHigh
18.4619.8221.18
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
19.7919.8819.98
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 Interest does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
JPM
+ 0.83
CRM
CRM
+ 0.73
T
XOM
+ 0.72
META
CRM
+ 0.68
META
XOM
+ 0.68
CRM
MRK
+ 0.64
A
  
High negative correlations   
MRK
- 0.92
CRM
MRK
- 0.83
JPM
MRK
- 0.76
T
JPM
- 0.65
A
XOM
- 0.57
MRK
MRK
- 0.56
META

Global X Competition 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
META  1.05  0.00 (0.03) 0.12  1.40 
(1.14)
 2.62 
(3.15)
 8.02 
MSFT  0.88 (0.08)(0.07) 0.01  1.51 
(0.82)
 2.09 
(1.85)
 8.19 
UBER  1.60 (0.14) 0.00 (0.02) 0.00 
 0.00 
 2.69 
(2.44)
 20.10 
F  1.43 (0.12)(0.02) 0.04  2.19 
(1.43)
 2.75 
(2.90)
 11.72 
T  0.92  0.28  0.14  24.43  0.85 
(1.04)
 2.56 
(1.72)
 6.47 
A  1.14 (0.13) 0.00 (0.12) 0.00 
 0.00 
 2.29 
(2.42)
 9.02 
CRM  1.28  0.29  0.25  0.37  0.90 
(1.52)
 3.18 
(1.91)
 9.09 
JPM  1.12  0.00  0.06  0.12  1.44 
(1.17)
 2.05 
(2.00)
 15.87 
MRK  0.85 (0.26) 0.00 (1.12) 0.00 
 0.00 
 1.73 
(2.13)
 4.89 
XOM  1.03  0.03 (0.01) 0.18  1.21 
(1.11)
 2.14 
(2.09)
 5.78 
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
RATE MOVE GSOL TZOO SNDA MCHX
 0.50 
 19.85 
Global
 8.18 
 3.44 
Movano
 2.25 
 181.32 
Grayscale
 3.72 
 19.82 
Travelzoo
 1.35 
 24.83 
Sonida
 2.94 
 1.65 
Marchex
Market Volatility
(90 Days Market Risk)
Very steady
Very risky
Very steady
Not too volatile
Somewhat reliable
Very risky
Market Performance
(90 Days Performance)
OK
Very Weak
Very Weak
Solid
Very Weak
Very Weak
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Low
Low
Low
Average
Low
Current Valuation
(Equity Enterprise Value)
Fairly Valued
Over Valued
Over Valued
Over Valued
Over Valued
Under Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Buy
Not Available
Strong Buy
Strong Sell
Strong Buy
Trade Advice
(90 Days Macroaxis Advice)
Strong Hold
Strong Sell
Strong Sell
Strong Hold
Hold
Strong Sell
Current Ratio
2.39 X
6.78 X
1.31 X
0.67 X
0.64 X
2.85 X
Net Asset
N/A
9.42 M
N/A
55.38 M
621.46 M
47.48 M
Profit Margin
(0.09) %
N/A
12.05 %
0.17 %
(0.06) %
(0.09) %
EBITDA
101.21 M
(29.12 M)
29.72 M
17.46 M
21.72 M
(5.76 M)
Price To Book
1.86 X
2.23 X
2.96 X
179.26 X
6.11 X
2.11 X
Operating Margin
12.25 %
(31.99) %
13.85 %
0.20 %
(0.02) %
(0.07) %
Current Valuation
1.36 B
11.65 M
138.76 M
231.38 M
1.1 B
61.5 M
Retained Earnings
(35.91 M)
(124.38 M)
239.81 M
19.51 M
(418.17 M)
(321.23 M)
Current Asset
321.24 M
138.64 M
105.55 M
57.06 M
1.34 B
135.69 M
One Year Return
(25.10) %
N/A
N/A
N/A
N/A
N/A
Beta
N/A
0.19
0.39
1.69
1.82
1.97
Number Of Employees
517
30
449
223
3 K
164
Shares Outstanding
88.91 M
6.6 M
24.25 M
11.8 M
19.07 M
39.02 M
Cash Flow From Operations
92.54 M
(26.18 M)
34.41 M
10.68 M
10.68 M
(4.39 M)
Total Debt
297 M
252 K
N/A
9.25 M
629.42 M
2.1 M
Return On Equity
-0.0555
-1.81
11.47
2.96
N/A
-0.12
Return On Asset
-0.0363
-0.89
4.95
0.21
-0.0109
-0.0534
Number Of Shares Shorted
2.05 M
128.34 K
58.23 K
187.21 K
300.69 K
79.58 K
Book Value Per Share
7.94 X
2.54 X
6.76 X
(0.18) X
(15.44) X
0.79 X
Current Liabilities
59.97 M
40.62 M
100.82 M
41.02 M
543.27 M
16.86 M
Total Asset
1.13 B
9.42 M
262.09 M
55.38 M
621.46 M
47.48 M
Debt To Equity
44.20 %
0.03 %
0.73 %
1.91 %
0.13 %
0.05 %
Short Ratio
3.26 X
3.76 X
1.29 X
1.38 X
4.70 X
3.91 X
Target Price
N/A
30.0
N/A
23.25
5.0
3.25
Shares Owned By Institutions
48.21 %
13.84 %
14.10 %
30.00 %
73.80 %
61.72 %
Market Capitalization
1.24 B
27.72 M
484.95 M
233.96 M
453.29 M
72.08 M
Price To Earning
(55.82) X
39.53 X
27.40 X
24.67 X
0.26 X
(7.99) X
Price To Earnings To Growth
2.09 X
N/A
N/A
1.14 X
(0.20) X
(4.20) X
Price To Sales
2.61 X
26.78 X
3.18 X
2.77 X
1.93 X
1.48 X
Net Income
(21.98 M)
(29.28 M)
18.37 M
11.91 M
(21.11 M)
(9.91 M)
Earnings Per Share
(0.25) X
(5.80) X
0.73 X
1.02 X
(2.36) X
(0.09) X
Shares Owned By Insiders
46.78 %
17.33 %
53.40 %
44.89 %
22.76 %
8.54 %
Revenue
476.96 M
N/A
152.4 M
84.48 M
255.32 M
49.91 M
Working Capital
261.28 M
2.62 M
4.73 M
(3.42 M)
(68.52 M)
14.09 M
Cash And Equivalents
188.62 M
21.3 M
109.9 M
19.49 M
32.65 M
24.82 M
Cash Per Share
2.12 X
0.65 X
4.54 X
1.56 X
5.02 X
0.60 X
Gross Profit
206.62 M
N/A
112.9 M
60.6 M
38.57 M
31.71 M
Day Typical Price
19.85
3.33
183.44
19.61
24.55
1.68
Accumulation Distribution
N/A
0.13
0.13
0.0323
0.0358
0.0517
Market Facilitation Index
N/A
0.44
24.99
0.64
0.89
0.09
Daily Balance Of Power
(9,223,372,036,855)
0.5909
(0.17)
1.109375
0.3708
(0.56)
Period Momentum Indicator
(0.10)
0.26
(4.18)
0.71
0.33
(0.05)
Rate Of Daily Change
0.99
1.08
0.98
1.04
1.01
0.97
Day Median Price
19.85
3.27
184.5
19.5
24.42
1.69
Price Action Indicator
(0.05)
0.3
(5.27)
0.68
0.58
(0.07)
Relative Strength Index
68.19
1.48
45.08
97.53
27.6
2.71
Coefficient Of Variation
1045.4
(1,196)
(3,033)
486.43
(5,924)
(1,091)
Mean Deviation
0.9738
3.82
7.35
2.76
2.41
2.36
Jensen Alpha
0.0656
(0.73)
(0.36)
0.7567
(0.23)
(0.33)
Total Risk Alpha
(0.1)
(1.36)
(2.39)
0.1897
(0.55)
(0.82)
Sortino Ratio
0.0014
N/A
N/A
0.242
N/A
N/A
Downside Variance
1.9
N/A
N/A
8.92
N/A
N/A
Standard Deviation
1.39
5.58
12.49
4.15
3.08
3.26
Kurtosis
2.63
4.57
8.65
3.47
(0.04)
1.48
Potential Upside
2.18
9.44
16.13
12.85
5.59
5.85
Treynor Ratio
0.2596
(0.22)
0.7824
1.17
(0.04)
(1.79)
Maximum Drawdown
8.73
35.49
79.55
20.89
12.89
16.97
Variance
1.93
31.13
155.96
17.24
9.49
10.61
Market Risk Adjusted Performance
0.2696
(0.21)
0.7924
1.18
(0.03)
(1.78)
Risk Adjusted Performance
0.0778
(0.06)
(0.02)
0.1658
(0.01)
(0.06)
Skewness
0.152
(0.85)
0.4777
1.34
0.2622
0.7592
Semi Deviation
1.24
N/A
N/A
2.4
N/A
N/A
Information Ratio
0.0014
(0.11)
(0.04)
0.1741
(0.06)
(0.13)
Value At Risk
(1.88)
(8.81)
(22.42)
(4.06)
(4.77)
(5.29)
Expected Short fall
(1.05)
N/A
N/A
(3.28)
N/A
N/A
Downside Deviation
1.38
N/A
N/A
2.99
N/A
N/A
Semi Variance
1.53
N/A
N/A
5.76
N/A
N/A

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 Interest 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 Interest, 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.

Did You Try This Idea?

Run Aggressive Funds Thematic Idea Now

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.
View All  Next Launch
When determining whether Global X Interest is a strong investment it is important to analyze Global X's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Global X's future performance. For an informed investment choice regarding Global Etf, refer to the following important reports:
How To Invest In Global
Details
ETF Directory
View
Largest Theme ETFs Companies
View
Largest Strategy ETFs Companies
View
Check out Global X Correlation with its peers.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
The market value of Global X Interest 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
 
Feedback Blog
Made with optimal in San Francisco
2024 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY