Global X Solar Etf Key Fundamental Indicators
| RAYZ Etf | 9.91 0.39 3.79% |
As of the 7th of February, Global X retains the Risk Adjusted Performance of 0.0633, downside deviation of 2.12, and Market Risk Adjusted Performance of 1.16. Concerning fundamental indicators, the technical analysis model lets you check existing technical drivers of Global X Solar, as well as the relationship between them. Please check out Global X Solar jensen alpha, potential upside, skewness, as well as the relationship between the maximum drawdown and semi variance to decide if Global X is priced fairly, providing market reflects its last-minute price of 9.91 per share.
Global X's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Global X's valuation are provided below:Global X Solar does not presently have any fundamental trends for analysis. This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools. Global |
Global X 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Global X's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Global X.
| 11/09/2025 |
| 02/07/2026 |
If you would invest 0.00 in Global X on November 9, 2025 and sell it all today you would earn a total of 0.00 from holding Global X Solar or generate 0.0% return on investment in Global X over 90 days. Global X is related to or competes with Global X, Global X, Global X, Global X, and Global X. Global X is entity of Switzerland. It is traded as Etf on SW exchange. More
Global X Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Global X's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Global X Solar upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.12 | |||
| Information Ratio | 0.0283 | |||
| Maximum Drawdown | 11.66 | |||
| Value At Risk | (3.07) | |||
| Potential Upside | 3.27 |
Global X Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Global X's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Global X's standard deviation. In reality, there are many statistical measures that can use Global X historical prices to predict the future Global X's volatility.| Risk Adjusted Performance | 0.0633 | |||
| Jensen Alpha | 0.1297 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.0282 | |||
| Treynor Ratio | 1.15 |
Global X February 7, 2026 Technical Indicators
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| Volume Indicators |
| Risk Adjusted Performance | 0.0633 | |||
| Market Risk Adjusted Performance | 1.16 | |||
| Mean Deviation | 1.44 | |||
| Semi Deviation | 1.71 | |||
| Downside Deviation | 2.12 | |||
| Coefficient Of Variation | 1409.91 | |||
| Standard Deviation | 2.11 | |||
| Variance | 4.43 | |||
| Information Ratio | 0.0283 | |||
| Jensen Alpha | 0.1297 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.0282 | |||
| Treynor Ratio | 1.15 | |||
| Maximum Drawdown | 11.66 | |||
| Value At Risk | (3.07) | |||
| Potential Upside | 3.27 | |||
| Downside Variance | 4.49 | |||
| Semi Variance | 2.92 | |||
| Expected Short fall | (1.78) | |||
| Skewness | 0.3313 | |||
| Kurtosis | 2.58 |
Global X Solar Backtested Returns
At this stage we consider Global Etf to be not too volatile. Global X Solar holds Efficiency (Sharpe) Ratio of 0.0285, which attests that the entity had a 0.0285 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Global X Solar, which you can use to evaluate the volatility of the entity. Please check out Global X's Downside Deviation of 2.12, risk adjusted performance of 0.0633, and Market Risk Adjusted Performance of 1.16 to validate if the risk estimate we provide is consistent with the expected return of 0.0591%. The etf retains a Market Volatility (i.e., Beta) of 0.12, 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.
Auto-correlation | -0.69 |
Very good reverse predictability
Global X Solar has very good reverse predictability. Overlapping area represents the amount of predictability between Global X time series from 9th of November 2025 to 24th of December 2025 and 24th of December 2025 to 7th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Global X Solar price movement. The serial correlation of -0.69 indicates that around 69.0% of current Global X price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.69 | |
| Spearman Rank Test | -0.53 | |
| Residual Average | 0.0 | |
| Price Variance | 0.14 |
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
| Competition |
Based on the recorded statements, Global X Solar has an One Year Return of 67%. This is much higher than that of the family and significantly higher than that of the Sector Equity Alternative Energy category. The one year return for all Switzerland etfs is notably lower than that of the firm.
Global One Year Return 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 One Year Return 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 rated fourth largest ETF in one year return as compared to similar ETFs.
Global Financial Ratios 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 Solar is rated fifth largest ETF in one year return as compared to similar ETFs. It also is rated fifth largest ETF in three year return as compared to similar ETFs . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Global X's earnings, one of the primary drivers of an investment's value.Global Fundamentals
| One Year Return | 67.90 % | |||
| Three Year Return | (9.60) % |
About Global X Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Global X Solar's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Global X using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Global X Solar based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Global X is entity of Switzerland. It is traded as Etf on SW exchange.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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.