Global X Sp Etf Performance
| HSH Etf | CAD 70.83 0.68 0.95% |
The etf retains a Market Volatility (i.e., Beta) of 0.54, which attests to possible diversification benefits within a given portfolio. 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.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Global X SP has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of very healthy technical indicators, Global X is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
1 | MDYG Crowded With Sellers - Nasdaq | 12/30/2024 |
2 | Risk-Controlled Trading Report - Stock Traders Daily | 02/27/2025 |
Global |
Global X Relative Risk vs. Return Landscape
If you would invest 7,473 in Global X SP on December 5, 2024 and sell it today you would lose (390.00) from holding Global X SP or give up 5.22% of portfolio value over 90 days. Global X SP is producing return of less than zero assuming 0.8245% volatility of returns over the 90 days investment horizon. Simply put, 7% of all etfs have less volatile historical return distribution than Global X, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Global X Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Global X's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Global X SP, and traders can use it to determine the average amount a Global X's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.1042
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | HSH |
Estimated Market Risk
| 0.82 actual daily | 7 93% of assets are more volatile |
Expected Return
| -0.09 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Global X is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Global X by adding Global X to a well-diversified portfolio.
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 | 167.77 M | |||
About Global X Performance
By examining Global X's fundamental ratios, stakeholders can obtain critical insights into Global X's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Global X is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Horizons HSH seeks to replicate, to the extent possible, the performance of the SP 500 CAD Hedged Index , net of expenses. HORIZONS SP500 is traded on Toronto Stock Exchange in Canada.| Global X SP generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Risk-Controlled Trading Report - Stock Traders Daily | |
| The fund retains all of its assets under management (AUM) in equities |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Global X SP. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.