Global X is trading at 36.29 as of the 28th of November 2024, a 0.33 percent increase since the beginning of the trading day. The etf's open price was 36.17. Global X has about a 27 % chance of experiencing some form of financial distress in the next two years of operation and had a somewhat good performance during the last 90 days. Equity ratings for Global X PropTech are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of December 2022 and ending today, the 28th of November 2024. Click here to learn more.
Global X is entity of United States. It is traded as Etf on NASDAQ exchange. The company has 30.08 M outstanding shares. More on Global X PropTech
Nam To, Wayne Xie, Kimberly Chan, Vanessa Yang, Sandy Lu
Transfer Agent
The Bank of New York Mellon Corporation
Fiscal Year End
30-Nov
Exchange
NASDAQ
Number of Constituents
35.0
Market Maker
Susquehanna
Total Expense
0.51
Management Fee
0.5
200 Day M A
31.7757
Country Name
USA
50 Day M A
34.0021
Code
PTEC
Updated At
26th of November 2024
Returns Y T D
19.97
Name
Global X PropTech ETF
Currency Name
US Dollar
Currency Code
USD
Open Figi
BBG01FRQWLD2
Type
ETF
1y Volatility
19.7
Global X PropTech [PTEC] is traded in USA and was established null. The fund is listed under Miscellaneous Sector. The entity is thematically classified as Strategy ETFs. Global X PropTech at this time have in assets. , while the total return for the last year was 35.6%.
Global X PropTech currently holds about 35.06 M in cash with (12.88 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of -0.5.
Check Global X Probability Of Bankruptcy
Geographic Allocation (%)
Global X PropTech Currency Exposure
Global X PropTech holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend 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, assess how much of your investment depends on the development of foreign currencies before you invest in Global X PropTech.
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Global X. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
When determining whether Global X PropTech offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Global X's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Global X Proptech Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Global X Proptech Etf:
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The market value of Global X PropTech 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.