Global X Financials
| PAVE Etf | 42.34 0.19 0.45% |
Net Expense Ratio 0.0047 |
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 Sector Equity Infrastructure space in which it operates.
Please note, the imprecision that can be found in Global X's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Global X Infrastructure. Check Global X's Beneish M Score to see the likelihood of Global X's management manipulating its earnings.
Global X Etf Summary
Global X competes with Leverage Shares, WisdomTree Natural, GraniteShares, Leverage Shares, and WisdomTree Natural. Global X is entity of United Kingdom. It is traded as Etf on LSE exchange.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 Infrastructure is rated number one ETF in one year return as compared to similar ETFs. It also is rated number one ETF in three year return as compared to similar ETFs reporting about 0.45 of Three Year Return per One Year Return. The ratio of One Year Return to Three Year Return for Global X Infrastructure is roughly 2.23 . 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 Infrastructure Systematic Risk
Global X's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Global X volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Global X Infrastructure correlated with the market. If Beta is less than 0 Global X generally moves in the opposite direction as compared to the market. If Global X Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Global X Infrastructure is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Global X is generally in the same direction as the market. If Beta > 1 Global X moves generally in the same direction as, but more than the movement of the benchmark.
Global X November 29, 2024 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 Infrastructure. We use our internally-developed statistical techniques to arrive at the intrinsic value of Global X Infrastructure 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.
| Downside Deviation | 1.01 | |||
| Information Ratio | 0.0936 | |||
| Maximum Drawdown | 8.18 | |||
| Value At Risk | (1.52) | |||
| Potential Upside | 2.34 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Global X Infrastructure. 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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.