Global X Financial Statements From 2010 to 2026
| LLDR Etf | 45.18 0.08 0.18% |
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.
This module can also supplement various Global X Technical models . Check out the analysis of Global X Correlation against competitors. 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 against Global Etf
| 0.56 | VEA | Vanguard FTSE Developed | PairCorr |
| 0.56 | CPST | Calamos ETF Trust | PairCorr |
| 0.55 | VTV | Vanguard Value Index | PairCorr |
| 0.54 | AA | Alcoa Corp | PairCorr |
| 0.49 | VB | Vanguard Small Cap | PairCorr |
The ability to find closely correlated positions to Global X could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Global X 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 Global X - 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 Global X Funds to buy it.
The correlation of Global X 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 Global X moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Global X Funds 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 Global X 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 the analysis of Global X Correlation against competitors. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Understanding Global X Funds requires distinguishing between market price and book value, where the latter reflects Global's accounting equity. The concept of intrinsic value - what Global X's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. Market sentiment, economic cycles, and investor behavior can push Global X's price substantially above or below its fundamental value.
Understanding that Global X's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Global X represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. In contrast, Global X's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.