GLOBAL X Financial Statements From 2010 to 2025
GLOBAL X financial statements provide useful quarterly and yearly information to potential GLOBAL X HIGH investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on GLOBAL X financial statements helps investors assess GLOBAL X's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting GLOBAL X's valuation are summarized below:GLOBAL X HIGH does not now have any fundamental trends for analysis.
This module can also supplement various GLOBAL X Technical models . Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Check GLOBAL X financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among GLOBAL X's main balance sheet or income statement drivers, such as , as well as many indicators such as . GLOBAL financial statements analysis is a perfect complement when working with GLOBAL X Valuation or Volatility modules.
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GLOBAL X HIGH ETF One Year Return Analysis
GLOBAL X's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current GLOBAL X One Year Return | 4.40 % |
Most of GLOBAL X's fundamental indicators, such as One Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, GLOBAL X HIGH is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
CompetitionBased on the recorded statements, GLOBAL X HIGH has an One Year Return of 4.4%. This is much higher than that of the family and significantly higher than that of the Canadian Money Market category. The one year return for all Canada etfs is notably lower than that of the firm.
Pair Trading with GLOBAL X
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if GLOBAL X position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in GLOBAL X will appreciate offsetting losses from the drop in the long position's value.Moving together with GLOBAL Etf
The ability to find closely correlated positions to Automatic Data could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Automatic Data when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Automatic Data - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Automatic Data Processing to buy it.
The correlation of Automatic Data is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Automatic Data moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Automatic Data Processing moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Automatic Data can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Other Tools for GLOBAL Etf
When running GLOBAL X's price analysis, check to measure GLOBAL X'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 GLOBAL X is operating at the current time. Most of GLOBAL X's value examination focuses on studying past and present price action to predict the probability of GLOBAL X's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GLOBAL X's price. Additionally, you may evaluate how the addition of GLOBAL X to your portfolios can decrease your overall portfolio volatility.
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