Global X (UK) Price on November 28, 2023
SPQH Etf | 19.23 0.02 0.10% |
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 19.23, as last reported on the 29th of November, with the highest price reaching 19.23 and the lowest price hitting 19.19 during the day. Currently, Global X ETFs is very steady. Global X ETFs 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. We have found twenty-eight technical indicators for Global X ETFs, which you can use to evaluate the volatility of the entity. Please check out Global X's Downside Deviation of 0.4366, market risk adjusted performance of 0.3238, and Risk Adjusted Performance of 0.1191 to validate if the risk estimate we provide is consistent with the expected return of 0.0699%.
Global Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Global |
Sharpe Ratio = 0.1632
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Estimated Market Risk
0.43 actual daily | 3 97% of assets are more volatile |
Expected Return
0.07 actual daily | 1 99% 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 28, 2023
It is possible to determine the worth of Global X on a given historical date. On November 28, 2023 Global was worth 16.58 at the beginning of the trading date compared to the closed value of 16.54. 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 | |
16.53 | 16.53 | 16.53 | 16.53 | 1.00 | |
11/28/2023 | 16.58 | 16.58 | 16.54 | 16.54 | 1.00 |
16.54 | 16.55 | 16.54 | 16.55 | 3.00 |
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Global X Trading Date Momentum on November 28, 2023
On November 29 2023 Global X ETFs was traded for 16.55 at the closing time. The highest price during the trading period was 16.55 and the lowest recorded bid was listed for 16.54 . There was no trading activity during the period 3.0. Lack of trading volume on November 29, 2023 contributed to the next trading day price appreciation. The trading price change to the next closing price was 0.06% . The overall trading delta to the current price is 0.42% . |
Price Boundaries
Global X Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Global X ETFs cannot be verified against its exchange. Please verify the symbol is currently traded on London 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 29, 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 ETFs 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.