Global X (Australia) Price on July 11, 2024
USTB Etf | 9.13 0.02 0.22% |
If you're considering investing in Global Etf, it is important to understand the factors that can impact its price. As of today, the current price of Global X stands at 9.13, as last reported on the 30th of December, with the highest price reaching 9.15 and the lowest price hitting 9.09 during the day. Global X Treasury holds Efficiency (Sharpe) Ratio of -0.19, which attests that the entity had a -0.19% return per unit of risk over the last 3 months. Global X Treasury exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Global X's Standard Deviation of 0.3209, risk adjusted performance of (0.17), and Market Risk Adjusted Performance of 0.9927 to validate the risk estimate we provide.
Global Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Global |
Sharpe Ratio = -0.1949
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Estimated Market Risk
0.32 actual daily | 2 98% of assets are more volatile |
Expected Return
-0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.19 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Global X is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Global X by adding Global X to a well-diversified portfolio.
Global X Valuation on July 11, 2024
It is possible to determine the worth of Global X on a given historical date. On July 11, 2024 Global was worth 9.14 at the beginning of the trading date compared to the closed value of 9.12. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Global X etf. Still, in general, we apply an absolute valuation method to find Global X's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Global X where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Global X's related companies.
Open | High | Low | Close | Volume | |
9.14 | 9.14 | 9.11 | 9.14 | 76,481 | |
07/11/2024 | 9.14 | 9.14 | 9.12 | 9.12 | 48,087 |
9.19 | 9.19 | 9.16 | 9.17 | 65,039 |
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Global X Trading Date Momentum on July 11, 2024
On July 12 2024 Global X Treasury was traded for 9.17 at the closing time. The highest price during the trading period was 9.19 and the lowest recorded bid was listed for 9.16 . The volume for the day was 65 K. This history from July 12, 2024 contributed to the next trading day price appreciation. The trading price change to the next closing price was 0.55% . The overall trading delta to the current price is 0.66% . |
About Global X Etf history
Global X investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Global is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Global X Treasury will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Global X stock prices may prove useful in developing a viable investing in Global X
Global X Etf Technical Analysis
Global X technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Price Boundaries
Global X Period Price Range
Low | December 30, 2024
| High |
0.00 | 0.00 |
Global X Treasury cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Global X December 30, 2024 Market Strength
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 Treasury entry and exit signals to maximize returns
Global X Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Global X's price direction in advance. Along with the technical and fundamental analysis of Global Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Global to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.17) | |||
Jensen Alpha | (0.07) | |||
Total Risk Alpha | (0.08) | |||
Treynor Ratio | 0.9827 |
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Volume Indicators |
Other Information on Investing in Global Etf
Global X financial ratios help investors to determine whether Global Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Global with respect to the benefits of owning Global X security.