Global X Sptsx Etf Performance
| HXE Etf | CAD 37.33 0.11 0.30% |
The etf retains a Market Volatility (i.e., Beta) of 0.2, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Global X's returns are expected to increase less than the market. However, during the bear market, the loss of holding Global X is expected to be smaller as well.
Risk-Adjusted Performance
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Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Global X SPTSX are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. In spite of very healthy technical and fundamental indicators, Global X is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
| In Threey Sharp Ratio | 0.79 |
Global |
Global X Relative Risk vs. Return Landscape
If you would invest 3,627 in Global X SPTSX on September 1, 2024 and sell it today you would earn a total of 106.00 from holding Global X SPTSX or generate 2.92% return on investment over 90 days. Global X SPTSX is generating 0.0572% of daily returns assuming 1.5268% volatility of returns over the 90 days investment horizon. Simply put, 13% of all etfs have less volatile historical return distribution than Global X, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Global X Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Global X's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Global X SPTSX, and traders can use it to determine the average amount a Global X's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0375
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | HXE | High Risk | Huge Risk |
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Estimated Market Risk
| 1.53 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 2 98% of assets perform better |
Based on monthly moving average Global X is performing at about 2% 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 Fundamentals Growth
Global Etf prices reflect investors' perceptions of the future prospects and financial health of Global X, and Global X fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Global Etf performance.
| Price To Earning | 84.51 X | |||
| Total Asset | 20.72 M | |||
About Global X Performance
By examining Global X's fundamental ratios, stakeholders can obtain critical insights into Global X's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Global X is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Horizons HXE seeks to replicate, to the extent possible, the performance of the SPTSX Capped Energy Index , net of expenses. HORIZONS is traded on Toronto Stock Exchange in Canada.| The fund has annual holdings turnover of about 205.05% suggesting active trading | |
| Global X SPTSX retains all of its assets under management (AUM) in equities |
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.