Global X Financials
KEJI Etf | USD 11.69 0.00 0.00% |
Global |
The data published in Global X's official financial statements typically reflect Global X's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Global X's quantitative information. For example, before you start analyzing numbers published by Global accountants, it's essential to understand Global X's liquidity, profitability, and earnings quality within the context of the Global X Funds space in which it operates.
Global X Etf Summary
Global X competes with SCOR PK, Franklin Strategic, Barloworld, Morningstar Unconstrained, and SPACE. Normally, the fund will invest at least 80 percent of its net assets, plus the amount of any borrowings for investment purposes, in exchange-listed companies that are economically tied to China. Gx China is traded on NASDAQ Exchange in the United States.Instrument | USA Etf View All |
Exchange | NASDAQ Exchange |
Region | Others |
Investment Issuer | Others |
Business Address | 600 Lexington Avenue |
Etf Family | Global X Funds |
Fund Category | Others |
Portfolio Concentration | Others |
Benchmark | Dow Jones Industrial |
Phone | NA |
Currency | USD - US Dollar |
Global Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Global X's current stock value. Our valuation model uses many indicators to compare Global X value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Global X competition to find correlations between indicators driving Global X's intrinsic value. More Info.Global X is considered the top ETF in one year return as compared to similar ETFs. It also is considered the top ETF in net asset as compared to similar ETFs . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Global X's earnings, one of the primary drivers of an investment's value.Global X Market Pulse
Quote | 11.69 |
Change(%) | 0.00 |
Change | 0.00 |
Open | 11.69 |
Low | 11.69 |
High | 11.69 |
Volume | 0 |
Exchange | NASDAQ |
About Global X Financials
What exactly are Global X Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Global X's income statement, its balance sheet, and the statement of cash flows. Potential Global X investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Global X investors may use each financial statement separately, they are all related. The changes in Global X's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Global X's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.Global X January 30, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Global X help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Global X. We use our internally-developed statistical techniques to arrive at the intrinsic value of Global X based on widely used predictive technical indicators. In general, we focus on analyzing Global Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Global X's daily price indicators and compare them against related drivers.
Information Ratio | (0.10) | |||
Maximum Drawdown | 6.48 | |||
Value At Risk | (2.29) | |||
Potential Upside | 2.82 |
Check out Correlation Analysis 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 inflation. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
The market value of Global X 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.
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.