Global X (Australia) Price on October 18, 2024
| HGEN Etf | 4.92 0.02 0.40% |
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 4.92, as last reported on the 28th of November, with the highest price reaching 4.95 and the lowest price hitting 4.91 during the day. Global X appears to be slightly risky, given 3 months investment horizon. Global X Hydrogen holds Efficiency (Sharpe) Ratio of 0.0911, which attests that the entity had a 0.0911% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Global X Hydrogen, which you can use to evaluate the volatility of the entity. Please utilize Global X's Market Risk Adjusted Performance of (5.98), downside deviation of 2.12, and Risk Adjusted Performance of 0.0651 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 = 0.0911
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Estimated Market Risk
| 2.27 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.21 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Global X is performing at about 7% 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 October 18, 2024
It is possible to determine the worth of Global X on a given historical date. On October 18, 2024 Global was worth 4.3 at the beginning of the trading date compared to the closed value of 4.23. 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 | |
| 4.30 | 4.32 | 4.29 | 4.29 | 2,848 | |
10/18/2024 | 4.30 | 4.30 | 4.23 | 4.23 | 15,982 |
| 4.30 | 4.33 | 4.30 | 4.32 | 6,521 |
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Global X Trading Date Momentum on October 18, 2024
| On October 21 2024 Global X Hydrogen was traded for 4.32 at the closing time. The highest price during the trading period was 4.33 and the lowest recorded bid was listed for 4.30 . The volume for the day was 6.5 K. This history from October 21, 2024 contributed to the next trading day price appreciation. The trading delta at closing time to the next closing price was 2.13% . The overall trading delta to the current price is 0.47% . |
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 Hydrogen 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 28, 2024
| High |
0.00 | 0.00 |
Global X Hydrogen 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 28, 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 Hydrogen 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 | 0.0651 | |||
| Jensen Alpha | 0.1663 | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | 0.0201 | |||
| Treynor Ratio | (5.99) |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Global X Hydrogen. 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 Equity Valuation module to check real value of public entities based on technical and fundamental data.
Please note, there is a significant difference between Global X's value and its price as these two are different measures arrived at by different means. Investors typically determine if Global X is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Global X's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.