Global X (Australia) Price on January 23, 2024
| EBTC Etf | 14.79 0.27 1.86% |
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 14.79, as last reported on the 24th of November, with the highest price reaching 14.85 and the lowest price hitting 14.58 during the day. Global X appears to be not too volatile, given 3 months investment horizon. Global X 21Shares holds Efficiency (Sharpe) Ratio of 0.25, which attests that the entity had a 0.25% 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 0.77% is justified by implied risk. Please utilize Global X's Market Risk Adjusted Performance of 1.34, risk adjusted performance of 0.213, and Downside Deviation of 2.13 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 = 0.2496
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Estimated Market Risk
| 3.07 actual daily | 27 73% of assets are more volatile |
Expected Return
| 0.77 actual daily | 15 85% of assets have higher returns |
Risk-Adjusted Return
| 0.25 actual daily | 19 81% of assets perform better |
Based on monthly moving average Global X is performing at about 19% 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.
Average Mkt Cap Mil No Data |
Global X Valuation on January 23, 2024
It is possible to determine the worth of Global X on a given historical date. On January 23, 2024 Global was worth 5.97 at the beginning of the trading date compared to the closed value of 6.0. 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 | |
| 6.25 | 6.25 | 6.10 | 6.10 | 99,924 | |
01/23/2024 | 5.97 | 6.02 | 5.93 | 6.00 | 69,687 |
| 5.92 | 6.01 | 5.92 | 5.97 | 34,160 |
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Global X Trading Date Momentum on January 23, 2024
| On January 24 2024 Global X 21Shares was traded for 5.97 at the closing time. The highest price during the trading period was 6.01 and the lowest recorded bid was listed for 5.92 . The volume for the day was 34.2 K. This history from January 24, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.50% . The overall trading delta to the current price is 7.50% . |
About Global X Etf history
Global X investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Global is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Global X 21Shares will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Global X stock prices may prove useful in developing a viable investing in Global X
Global X Etf Technical Analysis
Global X technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Price Boundaries
Global X Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
Global X 21Shares cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities 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 November 24, 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 21Shares 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.
| Risk Adjusted Performance | 0.213 | |||
| Jensen Alpha | 0.7444 | |||
| Total Risk Alpha | 0.3317 | |||
| Sortino Ratio | 0.3279 | |||
| Treynor Ratio | 1.33 |
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| Volume Indicators |
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.