Global X Etf Fundamentals
Global X fundamentals help investors to digest information that contributes to Global X's financial success or failures. It also enables traders to predict the movement of Global Etf. The fundamental analysis module provides a way to measure Global X's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Global X etf.
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Global X ETF Price To Sales Analysis
Global X's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Current Global X Price To Sales | 2.15 X |
Most of Global X's fundamental indicators, such as Price To Sales, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Global X is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
CompetitionBased on the latest financial disclosure, Global X has a Price To Sales of 2.15 times. This is much higher than that of the Global X Funds family and significantly higher than that of the Miscellaneous Region category. The price to sales for all United States etfs is notably lower than that of the firm.
Global X Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Global X's current stock value. Our valuation model uses many indicators to compare Global X value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Global X competition to find correlations between indicators driving Global X's intrinsic value. More Info.Global X is rated # 5 ETF in price to earning as compared to similar ETFs. It is rated # 2 ETF in price to book as compared to similar ETFs fabricating about 0.13 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Global X is roughly 7.98 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Global X by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Global Price To Sales Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Global X's direct or indirect competition against its Price To Sales to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Global X could also be used in its relative valuation, which is a method of valuing Global X by comparing valuation metrics of similar companies.Global X is currently under evaluation in price to sales as compared to similar ETFs.
Fund Asset Allocation for Global X
The fund invests 100.0% of asset under management in tradable equity instruments, with the rest of investments concentrated in .Asset allocation divides Global X's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Global Fundamentals
| Price To Earning | 17.32 X | |||
| Price To Book | 2.17 X | |||
| Price To Sales | 2.15 X | |||
| Number Of Employees | 138 | |||
| Total Asset | 37.25 M | |||
| One Year Return | 44.73 % | |||
| Three Year Return | 15.30 % | |||
| Five Year Return | 11.97 % | |||
| Ten Year Return | 7.24 % | |||
| Net Asset | 37.25 M | |||
| Last Dividend Paid | 0.0103 | |||
| Equity Positions Weight | 100.00 % |
Currently Active Assets on Macroaxis
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in interest. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Other Tools for Global Etf
When running Global X's price analysis, check to measure Global X's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Global X is operating at the current time. Most of Global X's value examination focuses on studying past and present price action to predict the probability of Global X's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Global X's price. Additionally, you may evaluate how the addition of Global X to your portfolios can decrease your overall portfolio volatility.
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