Global X Financials
UTIL Etf | 22.54 0.03 0.13% |
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 space in which it operates.
Global X Etf Summary
Global X competes with Global X, Global X, Global X, and Global X. Global X is entity of Canada. It is traded as Etf on TO exchange.Global X Canadian 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.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Global X Canadian 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 Canadian 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 28, 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 Canadian. We use our internally-developed statistical techniques to arrive at the intrinsic value of Global X Canadian 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 | 0.668 | |||
Information Ratio | (0.04) | |||
Maximum Drawdown | 3.86 | |||
Value At Risk | (1.12) | |||
Potential Upside | 1.09 |
Other Information on Investing in Global Etf
Global X financial ratios help investors to determine whether Global Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Global with respect to the benefits of owning Global X security.