Global X Canadian Etf Performance
| UTIL Etf | 26.71 0.06 0.23% |
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, returns on owning Global X are expected to decrease at a much lower rate. During the bear market, Global X is likely to outperform the market.
Risk-Adjusted Performance
Solid
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Global X Canadian are ranked lower than 17 (%) of all global equities and portfolios over the last 90 days. In spite of very uncertain basic indicators, Global X may actually be approaching a critical reversion point that can send shares even higher in March 2026. ...more
1 | Financial Trading Report - news.stocktradersdaily.com | 12/02/2025 |
2 | Pivots Trading Plans and Risk Controls - Stock Traders Daily | 01/08/2026 |
Global |
Global X Relative Risk vs. Return Landscape
If you would invest 2,498 in Global X Canadian on November 28, 2025 and sell it today you would earn a total of 167.00 from holding Global X Canadian or generate 6.69% return on investment over 90 days. Global X Canadian is generating 0.1073% of daily returns and assumes 0.4875% volatility on return distribution over the 90 days horizon. Simply put, 4% of etfs are less volatile than Global, and 98% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
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 |
| 26.71 | 90 days | 26.71 | near 1 |
Based on a normal probability distribution, the odds of Global X to move above the current price in 90 days from now is near 1 (This Global X Canadian probability density function shows the probability of Global Etf to fall within a particular range of prices over 90 days) .
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 Canadian. 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.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 Canadian, 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 | 0.12 | |
β | Beta against Dow Jones | -0.12 | |
σ | Overall volatility | 0.72 | |
Ir | Information ratio | 0.01 |
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.
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.
Global X is entity of Canada. It is traded as Etf on TO exchange.