Global X (Germany) Market Value
| 4MMR Etf | 28.47 0.35 1.21% |
| Symbol | 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.
| 11/02/2025 |
| 01/31/2026 |
If you would invest 0.00 in Global X on November 2, 2025 and sell it all today you would earn a total of 0.00 from holding Global X Defence or generate 0.0% return on investment in Global X over 90 days.
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 Defence upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.63 | |||
| Information Ratio | 0.068 | |||
| Maximum Drawdown | 9.4 | |||
| Value At Risk | (1.98) | |||
| Potential Upside | 2.93 |
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 | 0.0811 | |||
| Jensen Alpha | 0.1535 | |||
| Total Risk Alpha | 0.0467 | |||
| Sortino Ratio | 0.0714 | |||
| Treynor Ratio | 0.6153 |
Global X January 31, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0811 | |||
| Market Risk Adjusted Performance | 0.6253 | |||
| Mean Deviation | 1.25 | |||
| Semi Deviation | 1.36 | |||
| Downside Deviation | 1.63 | |||
| Coefficient Of Variation | 963.06 | |||
| Standard Deviation | 1.71 | |||
| Variance | 2.92 | |||
| Information Ratio | 0.068 | |||
| Jensen Alpha | 0.1535 | |||
| Total Risk Alpha | 0.0467 | |||
| Sortino Ratio | 0.0714 | |||
| Treynor Ratio | 0.6153 | |||
| Maximum Drawdown | 9.4 | |||
| Value At Risk | (1.98) | |||
| Potential Upside | 2.93 | |||
| Downside Variance | 2.65 | |||
| Semi Variance | 1.86 | |||
| Expected Short fall | (1.31) | |||
| Skewness | 0.3606 | |||
| Kurtosis | 1.23 |
Global X Defence Backtested Returns
At this point, Global X is very steady. Global X Defence holds Efficiency (Sharpe) Ratio of 0.0721, which attests that the entity had a 0.0721 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Global X Defence, which you can use to evaluate the volatility of the entity. Please check out Global X's Downside Deviation of 1.63, market risk adjusted performance of 0.6253, and Risk Adjusted Performance of 0.0811 to validate if the risk estimate we provide is consistent with the expected return of 0.13%. The etf retains a Market Volatility (i.e., Beta) of 0.27, 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 | -0.91 |
Near perfect reversele predictability
Global X Defence has near perfect reversele predictability. Overlapping area represents the amount of predictability between Global X time series from 2nd of November 2025 to 17th of December 2025 and 17th of December 2025 to 31st of January 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 Defence price movement. The serial correlation of -0.91 indicates that approximately 91.0% of current Global X price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.91 | |
| Spearman Rank Test | -0.48 | |
| Residual Average | 0.0 | |
| Price Variance | 3.75 |