Global X (Switzerland) Analysis

DRVE Etf   12.55  0.18  1.41%   
Below is the normalized historical share price chart for Global X Autonomous extending back to December 03, 2021. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Global X stands at 12.55, as last reported on the 6th of February, with the highest price reaching 12.59 and the lowest price hitting 12.55 during the day.
3 y Volatility
21.62
200 Day MA
10.8645
1 y Volatility
19.73
50 Day MA
12.4121
Inception Date
2021-11-16
 
Covid
 
Interest Hikes
Global X's financial leverage is the degree to which the firm utilizes its fixed-income securities and uses equity to finance projects. Companies with high leverage are usually considered to be at financial risk. Global X's financial risk is the risk to Global X stockholders that is caused by an increase in debt. In other words, with a high degree of financial leverage come high-interest payments, which usually reduce Earnings Per Share (EPS).
Given that Global X's debt-to-equity ratio measures a ETF's obligations relative to the value of its net assets, it is usually used by traders to estimate the extent to which Global X is acquiring new debt as a mechanism of leveraging its assets. A high debt-to-equity ratio is generally associated with increased risk, implying that it has been aggressive in financing its growth with debt. Another way to look at debt-to-equity ratios is to compare the overall debt load of Global X to its assets or equity, showing how much of the company assets belong to shareholders vs. creditors. If shareholders own more assets, Global X is said to be less leveraged. If creditors hold a majority of Global X's assets, the ETF is said to be highly leveraged.
Global X Autonomous is fairly valued with Real Value of 12.51 and Hype Value of 12.55. The main objective of Global X etf analysis is to determine its intrinsic value, which is an estimate of what Global X Autonomous is worth, separate from its market price. There are two main types of Global Etf analysis: fundamental analysis and technical analysis.
The Global X etf is traded in Switzerland on SIX Swiss Exchange, with the market opening at 09:00:00 and closing at 17:30:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Switzerland.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Global X Autonomous. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in state.

Global X Autonomous Investment Alerts

Management Efficiency

Global X's management efficiency ratios could be used to measure how well Global X manages its routine affairs as well as how well it operates its assets and liabilities.
Leadership effectiveness at Global X Autonomous is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Returns 3 Y
10.65
Returns 1 Y
41.34
Total Assets
6.1 M
Returns YTD
8.67

Top Global X Autonomous Etf Constituents

Global X Outstanding Bonds

Global X issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Global X Autonomous uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Global bonds can be classified according to their maturity, which is the date when Global X Autonomous has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Global X Predictive Daily Indicators

Global X intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Global X etf daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Global X Forecast Models

Global X's time-series forecasting models are one of many Global X's etf analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Global X's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Global X Assets Financed by Debt

Typically, companies with high debt-to-asset ratios are said to be highly leveraged. The higher the ratio, the greater risk will be associated with the Global X's operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of Global X, which in turn will lower the firm's financial flexibility.

Global X Corporate Bonds Issued

About Global Etf Analysis

Etf analysis is the technique used by a trader or investor to examine and evaluate how Global X prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Global shares will generate the highest return on investment. We also built our etf analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Etf such as Global X. By using and applying Global Etf analysis, traders can create a robust methodology for identifying Global entry and exit points for their positions.
Global X is entity of Switzerland. It is traded as Etf on SW exchange.

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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our etf analysis tools, you can find out how much better you can do when adding Global X to your portfolios without increasing risk or reducing expected return.

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When determining whether Global X Autonomous is a strong investment it is important to analyze Global X's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Global X's future performance. For an informed investment choice regarding Global Etf, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Global X Autonomous. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in state.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
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.