Global X Funds Etf Price on October 15, 2024
| LLDR Etf | 47.22 0.24 0.51% |
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 47.22, as last reported on the 27th of November, with the highest price reaching 47.38 and the lowest price hitting 47.22 during the day. Global X is out of control given 3 months investment horizon. Global X Funds holds Efficiency (Sharpe) Ratio of 0.13, which attests that the entity had a 0.13% return per unit of risk over the last 3 months. We were able to break down twenty-four different technical indicators, which can help you to evaluate if expected returns of 17.12% are justified by taking the suggested risk. Use Global X Funds Market Risk Adjusted Performance of 1.35, risk adjusted performance of (0.13), and Standard Deviation of 0.7047 to evaluate company specific risk that cannot be diversified away.
Global Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Global |
Sharpe Ratio = 0.1304
| Best Portfolio | Best Equity | LLDR | ||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 131.32 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Global X is performing at about 10% 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.
Related Headline
SPDR Bloomberg Headline on 15th of October 2024
SPDR Bloomberg Barclays 1-3 Month T-Bill ETF Shares Acquired... by thelincolnianonline.com
Prairie Sky Financial Group LLC boosted its position in SPDR Bloomberg Barclays 1-3 Month T-Bill ETF by 1.3 percent in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 35,542 shares of the companys stock after purchasing an additional 441 shares during the
Global X Valuation on October 15, 2024
It is possible to determine the worth of Global X on a given historical date. On October 15, 2024 Global was worth 48.05 at the beginning of the trading date compared to the closed value of 48.05. 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 | |
| 47.51 | 47.51 | 47.51 | 47.51 | 100.00 | |
10/15/2024 | 48.05 | 48.05 | 48.05 | 48.05 | 100.00 |
| 48.14 | 48.14 | 48.14 | 48.14 | 1.00 |
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Global X Trading Date Momentum on October 15, 2024
| On October 16 2024 Global X Funds was traded for 48.14 at the closing time. The top price for the day was 48.14 and the lowest listed price was 48.14 . There was no trading activity during the period 1.0. Lack of trading volume on October 16, 2024 was a factor to the next trading day price gain. The trading delta at closing time against the next closing price was 0.19% . The overall trading delta against the current closing price is 2.66% . |
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 Funds 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 27, 2024
| High |
0.00 | 0.00 |
Global X Funds cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA 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 27, 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 Funds 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 | (0.13) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.24) | |||
| Treynor Ratio | 1.34 |
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| Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Global X Funds. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
The market value of Global X Funds is measured differently than its book value, which is the value of Global that is recorded on the company's balance sheet. Investors also form their own opinion of Global X's value that differs from its market value or its book value, called intrinsic value, which is Global X's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Global X's market value can be influenced by many factors that don't directly affect Global X's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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.