Global X (Germany) Price on September 26, 2024
| CAUT Etf | 19.71 0.33 1.70% |
If you're considering investing in Global Etf, it is important to understand the factors that can impact its price. As of today, the current price of Global X stands at 19.71, as last reported on the 18th of January 2025, with the highest price reaching 19.71 and the lowest price hitting 19.42 during the day. At this point, Global X is not too volatile. Global X China holds Efficiency (Sharpe) Ratio of 0.039, which attests that the entity had a 0.039% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Global X China, which you can use to evaluate the volatility of the entity. Please check out Global X's Market Risk Adjusted Performance of 0.1035, downside deviation of 2.41, and Risk Adjusted Performance of 0.026 to validate if the risk estimate we provide is consistent with the expected return of 0.1%.
Global Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Global |
Sharpe Ratio = 0.039
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Estimated Market Risk
| 2.62 actual daily | 23 77% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Global X is performing at about 3% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Global X by adding it to a well-diversified portfolio.
Global X Valuation on September 26, 2024
It is possible to determine the worth of Global X on a given historical date. On September 26, 2024 Global was worth 16.25 at the beginning of the trading date compared to the closed value of 16.95. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Global X etf. Still, in general, we apply an absolute valuation method to find Global X's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Global X where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Global X's related companies.
| Open | High | Low | Close | Volume | |
| 15.87 | 16.00 | 15.78 | 15.94 | 59,428 | |
09/26/2024 | 16.25 | 17.07 | 16.25 | 16.95 | 3,197 |
| 18.01 | 18.47 | 17.75 | 17.75 | 12,769 |
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Global X Trading Date Momentum on September 26, 2024
| On September 27 2024 Global X China was traded for 17.75 at the closing time. The highest price during the trading period was 18.47 and the lowest recorded bid was listed for 17.75 . The volume for the day was 12.8 K. This history from September 27, 2024 contributed to the next trading day price growth. The overall trading delta to the next closing price was 4.72% . The overall trading delta to the current price is 34.99% . |
Price Boundaries
Global X Period Price Range
Low | January 18, 2025
| High |
0.00 | 0.00 |
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Global X January 18, 2025 Market Strength
Market strength indicators help investors to evaluate how Global X etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Global X shares will generate the highest return on investment. By undertsting and applying Global X etf market strength indicators, traders can identify Global X China entry and exit signals to maximize returns
Global X Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Global X's price direction in advance. Along with the technical and fundamental analysis of Global Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Global to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.