Global X Etf Forecast - Day Typical Price
EMFM Etf | USD 19.11 0.08 0.42% |
Global Etf Forecast is based on your current time horizon.
Global |
Previous Day Typical Price | Day Typical Price | Trend |
19.08 | 19.08 |
Check Global X Volatility | Backtest Global X | Information Ratio |
Global X Trading Date Momentum
On November 28 2024 Global X was traded for 19.11 at the closing time. The top price for the day was 19.11 and the lowest listed price was 19.03 . There was no trading activity during the period 0.0. Lack of trading volume on November 28, 2024 did not cause price change. The overall trading delta against the current closing price is 0.42% . |
The period considered in calculating typical price is a single trading day, however the typical price can also be applied to other time spans such as a week, month or year.
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Global X Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Global X etf to make a market-neutral strategy. Peer analysis of Global X could also be used in its relative valuation, which is a method of valuing Global X by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Global X Market Strength Events
Market strength indicators help investors to evaluate how Global X etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Global X shares will generate the highest return on investment. By undertsting and applying Global X etf market strength indicators, traders can identify Global X entry and exit signals to maximize returns.
Global X Risk Indicators
The analysis of Global X's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Global X's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting global etf prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Mean Deviation | 0.4775 | |||
Semi Deviation | 0.5292 | |||
Standard Deviation | 0.5986 | |||
Variance | 0.3583 | |||
Downside Variance | 0.3862 | |||
Semi Variance | 0.2801 | |||
Expected Short fall | (0.52) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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The market value of Global X 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.