Global X Pipelines Etf Analysis

HOG Etf  CAD 11.74  0.02  0.17%   
Global X Pipelines is overvalued with Real Value of 11.2 and Hype Value of 11.75. The main objective of Global X etf analysis is to determine its intrinsic value, which is an estimate of what Global X Pipelines 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 Pipelines. 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.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Global X Pipelines. 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.

Global Etf Analysis Notes

The fund generated five year return of 12.0%. Global X Pipelines has Annual Holdings Turnover of about 71.7% . This fund retains 99.34% of assets under management (AUM) in equities. Global X last dividend was 0.0979 per share. Horizons HOG seeks to replicate, to the extent possible, the performance of the Solactive Canadian Midstream Oil Gas Index, net of expenses. HORIZONS CDN is traded on Toronto Stock Exchange in Canada. To learn more about Global X Pipelines call the company at 866-641-5739 or check out http://www.horizonsetfs.com/ETF/HOG.

Global X Pipelines Investment Alerts

The fund retains 99.34% of its assets under management (AUM) in equities

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 Pipelines is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Returns 3 Y
15.13
Returns 5 Y
12.24
Returns 1 Y
26.04
Total Assets
33 M
Yield
3.54

Top Global X Pipelines Etf Constituents

Technical Drivers

As of the 22nd of November, Global X retains the Downside Deviation of 0.9483, market risk adjusted performance of (1.82), and Risk Adjusted Performance of 0.1214. 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 Pipelines Price Movement Analysis

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The output start index for this execution was thirty-five with a total number of output elements of twenty-six. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Global X middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Global X Pipelines. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

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 Pipelines 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 Pipelines 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.

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.
Horizons HOG seeks to replicate, to the extent possible, the performance of the Solactive Canadian Midstream Oil Gas Index, net of expenses. HORIZONS CDN is traded on Toronto Stock Exchange in Canada.

Be your own money manager

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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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.