Global X Valuation
HERO Etf | USD 23.84 0.20 0.85% |
At this time, the entity appears to be fairly valued. Global X Video retains a regular Real Value of $23.68 per share. The prevalent price of the entity is $23.84. Our model calculates the value of Global X Video from evaluating the entity fundamentals such as Return On Asset of -0.0148, return on equity of -4.98, and Current Valuation of 1.09 B as well as inspecting its technical indicators and probability of bankruptcy.
Fairly Valued
Today
Please note that Global X's price fluctuation is very steady at this time. Calculation of the real value of Global X Video is based on 3 months time horizon. Increasing Global X's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Global X is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Global Etf. However, Global X's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. Historical | Market 23.84 | Real 23.68 | Hype 23.85 |
The intrinsic value of Global X's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Global X's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Global X Video helps investors to forecast how Global etf's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Global X more accurately as focusing exclusively on Global X's fundamentals will not take into account other important factors: Global X Total Value Analysis
Global X Video is currently projected to have valuation of 1.09 B with market capitalization of 519.57 M, debt of 1.21 B, and cash on hands of 143.37 M. Please note that valuation may be misleading and is a subject to auditing or accounting errors. We encourage investors to vigilantly validate all of the Global X fundamentals before making equity appraisal based on enterprise value of the companyTakeover Price | Market Cap | Debt Obligations | Cash |
1.09 B | 519.57 M | 1.21 B | 143.37 M |
Global X Investor Information
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 47 constituents across multiple sectors and instustries. The fund charges 0.5 percent management fee with a total expences of 0.5 percent of total asset. The fund retains 99.98% of assets under management (AUM) in equities. Global X Video last dividend was 0.028 per share. Based on the key measurements obtained from Global X's financial statements, Global X Video is not in a good financial situation at the present time. It has a very high likelihood of going through financial trouble in December.Global X Asset Utilization
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Global X has an asset utilization ratio of 19.25 percent. This suggests that the ETF is making $0.19 for each dollar of assets. An increasing asset utilization means that Global X Video is more efficient with each dollar of assets it utilizes for everyday operations.Global X Ownership Allocation
Global X Video has a total of 19.99 Million outstanding shares. Global X retains 4.18 (percent) of its outstanding shares held by insiders and 27.5 (percent) owned by outside corporations. Please note that no matter how many assets the company holds, if the real value of the entity is less than the current market value, you may not be able to make money on it.Global X Profitability Analysis
The company reported the previous year's revenue of 32.44 M. Net Loss for the year was (23.67 M) with profit before overhead, payroll, taxes, and interest of 357.01 M.About Global X Valuation
We use absolute and relative valuation methodologies to arrive at the intrinsic value of Global X Video. In general, an absolute valuation paradigm, as applied to this etf, attempts to find the value of Global X Video based exclusively on its fundamental and basic technical indicators. By analyzing Global X's financials, quarterly and monthly indicators, and their related drivers, we attempt to find the most accurate representation of Global X's intrinsic value. As compared to an absolute model, our relative valuation model uses a comparative analysis of Global X. We calculate exposure to Global X's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Global X's related companies.The fund invests at least 80 percent of its total assets 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 Video is traded on NASDAQ Exchange in the United States.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Global X Video. 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 Stocks Directory module to find actively traded stocks across global markets.
The market value of Global X Video 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.