Global X Sp Etf Market Value
| XRMI Etf | USD 17.79 0.01 0.06% |
| Symbol | Global |
Global X SP's market price often diverges from its book value, the accounting figure shown on Global's balance sheet. Smart investors calculate Global X's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. Since Global X's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
Please note, there is a significant difference between Global X's value and its price as these two are different measures arrived at by different means. Investors typically determine if Global X is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Global X's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
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.
| 12/02/2025 |
| 03/02/2026 |
If you would invest 0.00 in Global X on December 2, 2025 and sell it all today you would earn a total of 0.00 from holding Global X SP or generate 0.0% return on investment in Global X over 90 days. Global X is related to or competes with Pacer Swan, NestYield Total, Direxion Daily, Nightview ETF, Simplify Next, JPMorgan Nasdaq, and Collaborative Investment. The fund invests at least 80 percent of its total assets in the securities of the Cboe SP 500 Risk Managed Income Index 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 SP upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.3866 | |||
| Information Ratio | (0.10) | |||
| Maximum Drawdown | 1.87 | |||
| Value At Risk | (0.51) | |||
| Potential Upside | 0.5675 |
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 | 0.1121 | |||
| Jensen Alpha | 0.0221 | |||
| Total Risk Alpha | 0.0098 | |||
| Sortino Ratio | (0.09) | |||
| Treynor Ratio | 0.1564 |
Global X March 2, 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 | 0.1121 | |||
| Market Risk Adjusted Performance | 0.1664 | |||
| Mean Deviation | 0.2546 | |||
| Semi Deviation | 0.2723 | |||
| Downside Deviation | 0.3866 | |||
| Coefficient Of Variation | 613.82 | |||
| Standard Deviation | 0.3389 | |||
| Variance | 0.1148 | |||
| Information Ratio | (0.10) | |||
| Jensen Alpha | 0.0221 | |||
| Total Risk Alpha | 0.0098 | |||
| Sortino Ratio | (0.09) | |||
| Treynor Ratio | 0.1564 | |||
| Maximum Drawdown | 1.87 | |||
| Value At Risk | (0.51) | |||
| Potential Upside | 0.5675 | |||
| Downside Variance | 0.1495 | |||
| Semi Variance | 0.0741 | |||
| Expected Short fall | (0.27) | |||
| Skewness | (0.33) | |||
| Kurtosis | 0.8221 |
Global X SP Backtested Returns
Global X is very steady at the moment. Global X SP holds Efficiency (Sharpe) Ratio of 0.14, which attests that the entity had a 0.14 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Global X SP, which you can use to evaluate the volatility of the entity. Please check out Global X's Risk Adjusted Performance of 0.1121, market risk adjusted performance of 0.1664, and Downside Deviation of 0.3866 to validate if the risk estimate we provide is consistent with the expected return of 0.0473%. The etf retains a Market Volatility (i.e., Beta) of 0.29, 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 | 0.56 |
Modest predictability
Global X SP has modest predictability. Overlapping area represents the amount of predictability between Global X time series from 2nd of December 2025 to 16th of January 2026 and 16th of January 2026 to 2nd of March 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 SP price movement. The serial correlation of 0.56 indicates that roughly 56.0% of current Global X price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.56 | |
| Spearman Rank Test | 0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
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Check out Global X Correlation, Global X Volatility and Global X Performance module to complement your research on Global X. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Global X technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.