Global X Cleantech Etf Performance
| CTEC Etf | USD 61.36 0.00 0.00% |
The etf retains a Market Volatility (i.e., Beta) of 1.58, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Global X will likely underperform.
Risk-Adjusted Performance
Weak
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Global X CleanTech are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. In spite of rather sound technical and fundamental indicators, Global X is not utilizing all of its potentials. The latest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
1 | ConvaTec Groups Overweight Rating Reiterated at JPMorgan Chase Co. | 11/14/2025 |
2 | ConvaTec Group PLC Receives GBX 318.67 Average Price Target from Analysts | 12/30/2025 |
3 | Disposition of 25000 shares by Bennett Gregory L of Global X at 9.94 subject to Rule 16b-3 | 01/15/2026 |
4 | The California Tax Education Council Urges Vigilance as Ghost Tax Preparer Scams Persist | 01/26/2026 |
Global X Relative Risk vs. Return Landscape
If you would invest 6,022 in Global X CleanTech on November 2, 2025 and sell it today you would earn a total of 113.70 from holding Global X CleanTech or generate 1.89% return on investment over 90 days. Global X CleanTech is currently generating 0.0577% in daily expected returns and assumes 2.3473% risk (volatility on return distribution) over the 90 days horizon. In different words, 21% of etfs are less volatile than Global, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
3 y Volatility 35.37 | 200 Day MA 45.8275 | 1 y Volatility 33.91 | 50 Day MA 56.4398 | Inception Date 2020-10-27 |
Global X Target Price Odds to finish over Current Price
The tendency of Global Etf price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 61.36 | 90 days | 61.36 | about 8.91 |
Based on a normal probability distribution, the odds of Global X to move above the current price in 90 days from now is about 8.91 (This Global X CleanTech probability density function shows the probability of Global Etf to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days the etf has the beta coefficient of 1.58 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Global X will likely underperform. Additionally Global X CleanTech has an alpha of 0.0744, implying that it can generate a 0.0744 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Global X Price Density |
| Price |
Predictive Modules for Global X
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Global X CleanTech. Regardless of method or technology, however, to accurately forecast the etf market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the etf market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Global X's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Global X Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Global X is not an exception. The market had few large corrections towards the Global X's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Global X CleanTech, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Global X within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.07 | |
β | Beta against Dow Jones | 1.58 | |
σ | Overall volatility | 3.15 | |
Ir | Information ratio | 0.05 |
Global X Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Global X for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Global X CleanTech can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Latest headline from finance.yahoo.com: The California Tax Education Council Urges Vigilance as Ghost Tax Preparer Scams Persist | |
| Global X CleanTech created five year return of -13.0% | |
| This fund holds 99.95% of its assets under management (AUM) in equities |
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.
| Total Asset | 108.48 M | |||
About Global X Performance
By analyzing Global X's fundamental ratios, stakeholders can gain valuable insights into Global X's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Global X has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Global X has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
The fund invests at least 80 percent of its total assets, plus borrowings for investments purposes, in the securities of the index and in ADRs, GDRs based on the securities in the index. Gx Cleantech is traded on NASDAQ Exchange in the United States.| Latest headline from finance.yahoo.com: The California Tax Education Council Urges Vigilance as Ghost Tax Preparer Scams Persist | |
| Global X CleanTech created five year return of -13.0% | |
| This fund holds 99.95% of its assets under management (AUM) in equities |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Global X CleanTech. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Investors evaluate Global X CleanTech using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Global X's intrinsic value—the estimated true worth—helps identify when the stock trades at a discount or premium to fair value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. External factors like market trends, sector rotation, and investor psychology can cause Global X's market price to deviate significantly from intrinsic value.
It's important to distinguish between Global X's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Global X should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Conversely, Global X's market price signifies the transaction level at which participants voluntarily complete trades.