Global X (Germany) Price on November 6, 2024
| CAUT Etf | 20.19 0.19 0.95% |
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 20.19, as last reported on the 13th of December 2024, with the highest price reaching 20.29 and the lowest price hitting 19.95 during the day. Global X appears to be not too volatile, given 3 months investment horizon. Global X China holds Efficiency (Sharpe) Ratio of 0.16, which attests that the entity had a 0.16% return per unit of risk over the last 3 months. By evaluating Global X's technical indicators, you can evaluate if the expected return of 0.58% is justified by implied risk. Please utilize Global X's Market Risk Adjusted Performance of 6.27, risk adjusted performance of 0.1149, and Downside Deviation of 3.21 to validate if our risk estimates are consistent with your expectations.
Global Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Global |
Sharpe Ratio = 0.1582
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | CAUT | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.68 actual daily | 32 68% of assets are more volatile |
Expected Return
| 0.58 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Global X is performing at about 12% 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 November 6, 2024
It is possible to determine the worth of Global X on a given historical date. On November 6, 2024 Global was worth 20.45 at the beginning of the trading date compared to the closed value of 20.09. 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 | |
| 20.06 | 20.25 | 20.06 | 20.25 | 345.00 | |
11/06/2024 | 20.45 | 20.45 | 19.97 | 20.09 | 4,085 |
| 20.53 | 20.79 | 20.52 | 20.79 | 617.00 |
| Backtest Global X | | | Global X History | Previous | Next |
Global X Trading Date Momentum on November 6, 2024
| On November 07 2024 Global X China was traded for 20.79 at the closing time. The highest price during the trading period was 20.79 and the lowest recorded bid was listed for 20.52 . The volume for the day was 617. This history from November 7, 2024 contributed to the next trading day price growth. The overall trading delta to the next closing price was 3.48% . The overall trading delta to the current price is 0.65% . |
Price Boundaries
Global X Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
Global X China cannot be verified against its exchange. Please verify the symbol is currently traded on XETRA Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Global X December 13, 2024 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.