Global X Wind Etf Analysis
WNDY Etf | USD 11.42 0.02 0.17% |
Global X Wind is overvalued with Real Value of 10.78 and Hype Value of 11.42. The main objective of Global X etf analysis is to determine its intrinsic value, which is an estimate of what Global X Wind 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 Wind. 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 the USA on NASDAQ 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 the USA.
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Global Etf Analysis Notes
Global X is is formed as Regulated Investment Company in the United States. ETF is managed and operated by Global X Management Company LLC. The fund has 30 constituents across multiple sectors and instustries. The fund charges 0.5 percent management fee with a total expences of 0.51 percent of total asset. The fund keeps 99.86% of net assets in stocks. The fund invests at least 80 percent of its total assets, plus borrowings for investments purposes , in the securities of the underlying index and in American Depositary Receipts and Global Depositary Receipts based on the securities in the underlying index. Gx Wind is traded on NASDAQ Exchange in the United States. For more information please call the company at NA.Sector Exposure
Global X Wind constituents include assets from different sectors. As a result, investing in Global X lets you gain exposure to equities across multiple sectors, sub-sectors, or industries. This can reduce the risk of holding a single asset or a fund not diversified across different sectors or industries. Typically, investors would invest in Global X because they prefer to avoid the increased volatility of non-sector ETFs.
Different industry classifications and sub-sectors that are found among Global X's constituents divide the investing landscape into groups of entities that employ similar trades or provide related services. Combining these segments enables in-depth research of market dynamics to see which parts of the economy are growing or fading. In addition, sector investments offer targeted exposure to these segments, giving investors a wide variety of options to enhance their portfolios' asset allocations and adapt to market volatility.
Currency Exposure
Global X Wind manages assets traded in foreign countries, and the goal of international investors is to ensure that the increase in value from foreign constituents of Global X will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, investors should be aware of the risk associated with depending on the development of foreign currencies.
Global X Wind Investment Alerts
Global X Wind generated a negative expected return over the last 90 days | |
Latest headline from news.google.com: Long Term Investment Analysis - Stock Traders Daily | |
The fund created three year return of -22.0% | |
Global X Wind keeps 99.86% of its net assets in stocks |
Global X Thematic Classifications
In addition to having Global X etf in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Theme ETFsUSA ETFs from Theme clasification | ||
Strategy ETFsUSA ETFs from Strategy clasification |
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.Management at Global X Wind focuses on leveraging technology and optimizing operations. We evaluate the impact of these focuses on the company's financial health and stock performance.
Returns 3 Y (22.10) | Returns 1 Y (10.10) | Total Assets 2.1 M | Yield 0.97 | Returns YTD (16.73) |
Top Global X Wind Etf Constituents
9958 | Century Iron And | Stock | |
GWIND | Galata Wind Enerji | Stock | |
300129 | Shanghai Taisheng Wind | Stock | |
INE | Innergex Renewable Energy | Stock | |
VWS | Vestas Wind Systems | Stock | |
ANE | Corporacion Acciona Energias | Stock | |
CADLR | Cadeler As | Stock | |
NPI | Northland Power | Stock | |
601016 | CECEP Wind Power Corp | Stock | |
002487 | Dajin Heavy Industry | Stock | |
NDX1 | Nordex SE | Stock | |
SAYAS | Say Yenilenebilir Enerji | Stock | |
BLX | Boralex | Stock | |
ORSTED | Orsted AS | Stock | |
RNW | Renew Energy Global | Stock | |
603693 | Jiangsu New Energy | Stock | |
TENERGY | Terna Energy Societe | Stock | |
112610 | CS Wind Corp | Stock | |
601615 | Ming Yang Smart | Stock |
Technical Drivers
As of the 22nd of November, Global X retains the Market Risk Adjusted Performance of 0.1902, standard deviation of 2.09, and Risk Adjusted Performance of (0.02). Concerning fundamental indicators, the technical analysis model lets you check existing technical drivers of Global X Wind, as well as the relationship between them.Global X Wind Price Movement Analysis
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 Wind. 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 Wind 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 Wind 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 | |
Volcan Compania Minera Corp BondUSP98047AC08 | View | |
Boeing Co 2196 Corp BondUS097023DG73 | View | |
GOINSO 75 15 APR 32 Corp BondUS37960XAB38 | View | |
US37960XAA54 Corp BondUS37960XAA54 | View | |
HSBC Holdings PLC Corp BondUS404280DR76 | View | |
MPLX LP 4875 Corp BondUS55336VAG59 | View | |
MPLX LP 4125 Corp BondUS55336VAK61 | 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.
Daily Balance Of Power | (9,223,372,036,855) | |||
Rate Of Daily Change | 1.0 | |||
Day Median Price | 11.42 | |||
Day Typical Price | 11.42 | |||
Price Action Indicator | (0.01) | |||
Period Momentum Indicator | (0.02) |
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 fund invests at least 80 percent of its total assets, plus borrowings for investments purposes , in the securities of the underlying index and in American Depositary Receipts and Global Depositary Receipts based on the securities in the underlying index. Gx Wind is traded on NASDAQ Exchange in the United States.
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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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Global X Wind. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
The market value of Global X Wind is measured differently than its book value, which is the value of Global that is recorded on the company's balance sheet. Investors also form their own opinion of Global X's value that differs from its market value or its book value, called intrinsic value, which is Global X's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Global X's market value can be influenced by many factors that don't directly affect Global X's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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. However, Global X's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.