Global X Active Etf Analysis
| HFR Etf | CAD 10.05 0.01 0.1% |
Global X Active is overvalued with Real Value of 9.23 and Hype Value of 10.05. The main objective of Global X etf analysis is to determine its intrinsic value, which is an estimate of what Global X Active 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 Active. 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.
Global |
Global Etf Analysis Notes
The fund has Annual Holdings Turnover of about 18.78% . Global X Active retains roughly 49.48% of assets under management (AUM) in fixed income securities. This fund last dividend was 0.025 per share. The investment objective of the fund is to generate income that is consistent with prevailing short-term corporate bond yields while stabilizing the market value of the ETF from the effects of interest rate fluctuations. HORIZONS ACTIVE is traded on Toronto Stock Exchange in Canada. To learn more about Global X Active call the company at NA.Global X Active Investment Alerts
| The fund retains about 49.48% of its assets under management (AUM) in fixed income securities |
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 Active is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Returns 3 Y 4.44 | Returns 5 Y 3.55 | Returns 1 Y 8.03 | Total Assets 416.5 M | Yield 4.95 |
Top Global X Active Etf Constituents
| The Toronto-Dominion Bank 3% | 1.38% |
| Bank Montreal Que 2.85% | 1.37% |
| Choice Properties Real Estate Investment Trust 3.56% | 1.24% |
| TransCanada Pipelines Limited 3.8% | 1.45000005% |
| H&R Real Estate Investment Trust 3.37% | 1.36% |
| Federation des Caisses Desjardins du Quebec 2.86% | 1.4199999% |
| Canadian Imperial Bank of Commerce 3.45% | 2.6600001% |
| Bank Montreal Que 2.28% | 1.16% |
| Canadian Natural Resources Limited 3.55% | 1.16% |
| Pembina Pipeline Corporation 2.99% | 2.18% |
Institutional Etf Holders for Global X
Have you ever been surprised when a price of an equity instrument such as Global X is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Global X Active backward and forwards among themselves. Global X's institutional investor refers to the entity that pools money to purchase Global X's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| HAC | Global X Seasonal | Etf | Alternative Equity Focused | |
| HAF | Global X Active | Etf | Multi-Sector Fixed Income |
Technical Drivers
As of the 27th of November, Global X retains the Coefficient Of Variation of 329.88, market risk adjusted performance of (4.24), and Risk Adjusted Performance of 0.1572. Global X technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the entity's future prices.Global X Active Price Movement Analysis
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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 Active 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 Active 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.
| Dana 575 percent Corp BondUS235822AB96 | View | |
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| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| MPLX LP 4875 Corp BondUS55336VAG59 | View | |
| MPLX LP 4125 Corp BondUS55336VAK61 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| International Game Technology Corp BondUS460599AD57 | 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 | 0.001 | |||
| Daily Balance Of Power | (1.00) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 10.05 | |||
| Day Typical Price | 10.05 | |||
| Market Facilitation Index | 0.01 | |||
| Period Momentum Indicator | (0.01) |
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.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.
The investment objective of the fund is to generate income that is consistent with prevailing short-term corporate bond yields while stabilizing the market value of the ETF from the effects of interest rate fluctuations. HORIZONS ACTIVE is traded on Toronto Stock Exchange in Canada.
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Other Information on Investing in Global Etf
Global X financial ratios help investors to determine whether Global Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Global with respect to the benefits of owning Global X security.