Global X is trading at 18.92 as of the 30th of November 2024, a 1.51 percent decrease since the beginning of the trading day. The etf's lowest day price was 18.92. Global X has less than a 19 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Global X Interest are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of June 2024 and ending today, the 30th of November 2024. Click here to learn more.
Bankrate, Inc. operates as a publisher, aggregator, and distributor of personal finance content on the Internet. The company has 88.91 M outstanding shares of which 2.05 M shares are at this time shorted by private and institutional investors with about 3.26 trading days to cover. More on Global X Interest
Nam To, Wayne Xie, Kimberly Chan, Vanessa Yang, William Helm, Sandy Lu
Transfer Agent
Brown Brothers Harriman & Co.
Fiscal Year End
30-Nov
Exchange
NYSE Arca, Inc.
Number of Constituents
5.0
Market Maker
Jane Street
Total Expense
0.5
Management Fee
0.45
200 Day M A
19.4949
Country Name
USA
50 Day M A
18.9766
Code
RATE
Updated At
29th of November 2024
Returns Y T D
7.19
Name
Global X Interest Rate Hedge ETF
Currency Name
US Dollar
Currency Code
USD
Open Figi
BBG0186FZ7N2
Type
ETF
1y Volatility
29.3
Global X Interest [RATE] is traded in USA and was established null. The fund is listed under Nontraditional Bond category and is part of null family. The entity is thematically classified as Strategy ETFs. Global X Interest at this time have in assets. , while the total return for the last year was -25.6%.
Global X Interest currently holds about 188.62 M in cash with 92.54 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.12.
Check Global X Probability Of Bankruptcy
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 Interest is a strong investment it is important to analyze Global X's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Global X's future performance. For an informed investment choice regarding Global Etf, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Global X Interest. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate.
You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
The market value of Global X Interest 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.