Global X Gold Etf Analysis
| GLCC Etf | 61.57 3.90 5.96% |
200 Day MA 46.5263 | 50 Day MA 59.554 | Beta 0.99 |
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 Gold is fairly valued with Real Value of 60.81 and Hype Value of 61.55. The main objective of Global X etf analysis is to determine its intrinsic value, which is an estimate of what Global X Gold is worth, separate from its market price. There are two main types of Global Etf analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic stability of Global X Gold. On the other hand, technical analysis, focuses on the price and volume data of Global Etf to identify patterns and trends that may indicate its future price movements.
The Global X etf is traded in Canada on Toronto Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Canada.
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Global X Gold Investment Alerts
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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 Gold is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Yield 6.16 | Beta 0.99 |
Top Global X Gold Etf Constituents
| PAAS | Pan American Silver | Stock | |
| GLDX | USCF Gold Strategy | Etf | |
| AU | AngloGold Ashanti plc | Stock | |
| AGI | Alamos Gold | Stock | |
| LUG | Lundin Gold | Stock | |
| GFI | Gold Fields Ltd | Stock | |
| ABX | Barrick Gold Corp | Stock | |
| AEM | Agnico Eagle Mines | Stock | |
| NEM | Newmont Goldcorp Corp | Stock | |
| K | Kinross Gold Corp | Stock |
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 Gold 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 Gold 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.
| MPLX LP 4125 Corp BondUS55336VAK61 | View | |
| Valero Energy Partners Corp BondUS91914JAA07 | View |
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.
| Accumulation Distribution | 4410.45 | |||
| Daily Balance Of Power | (0.97) | |||
| Rate Of Daily Change | 0.94 | |||
| Day Median Price | 63.58 | |||
| Day Typical Price | 62.91 | |||
| Market Facilitation Index | 1.0E-4 | |||
| Price Action Indicator | (3.96) | |||
| Period Momentum Indicator | (3.90) |
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 Canada. It is traded as Etf on TO 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.Did you try this?
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Global X Gold. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
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. Conversely, Global X's market price signifies the transaction level at which participants voluntarily complete trades.