Global X Funds Etf Performance
| SHLD Etf | USD 37.88 0.37 0.97% |
The etf retains a Market Volatility (i.e., Beta) of 0.46, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Global X's returns are expected to increase less than the market. However, during the bear market, the loss of holding Global X is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days Global X Funds has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound essential indicators, Global X is not utilizing all of its potentials. The current stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
1 | Acquisition by Reese Ann N of tradable shares of Global X at 8.33 subject to Rule 16b-3 | 10/25/2024 |
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Global |
Global X Relative Risk vs. Return Landscape
If you would invest 3,793 in Global X Funds on October 1, 2024 and sell it today you would lose (5.00) from holding Global X Funds or give up 0.13% of portfolio value over 90 days. Global X Funds is currently generating 0.0048% in daily expected returns and assumes 1.1754% risk (volatility on return distribution) over the 90 days horizon. In different words, 10% of etfs are less volatile than Global, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Global X Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Global X's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Global X Funds, and traders can use it to determine the average amount a Global X's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.004
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | SHLD |
Estimated Market Risk
| 1.18 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 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 Fundamentals Growth
Global Etf prices reflect investors' perceptions of the future prospects and financial health of Global X, and Global X fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Global Etf performance.
| Return On Equity | -5.0E-4 | |||
| Return On Asset | -0.13 | |||
| Profit Margin | (0.07) % | |||
| Operating Margin | (9.39) % | |||
| Current Valuation | 5.15 B | |||
| Shares Outstanding | 108.99 M | |||
| Price To Earning | 79.14 X | |||
| Price To Book | 11.83 X | |||
| Price To Sales | 0.17 X | |||
| Revenue | 14.3 B | |||
| EBITDA | (2.13 B) | |||
| Cash And Equivalents | 193 M | |||
| Cash Per Share | (13.73) X | |||
| Total Debt | 5.3 B | |||
| Debt To Equity | (6.80) % | |||
| Book Value Per Share | (10.49) X | |||
| Cash Flow From Operations | (1.74 B) | |||
| Earnings Per Share | (12.14) X | |||
| Total Asset | 3.33 M | |||
| Retained Earnings | (2.55 B) | |||
| Current Asset | 6.04 B | |||
| Current Liabilities | 5.44 B | |||
About Global X Performance
By analyzing Global X's fundamental ratios, stakeholders can gain valuable insights into Global X's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Global X has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Global X has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
The investment seeks to provide investment results that track the performance of the Nasdaq Yewno Aerospace Defense IndexTM before fees and expenses. Victoryshares Protect is listed under Diversified Wholesale And Retail in the United States and is traded on NYSEArca Exchange exchange.| Global X Funds currently holds 5.3 B in liabilities. Global X Funds has a current ratio of 0.88, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Global X until it has trouble settling it off, either with new capital or with free cash flow. So, Global X's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Global X Funds sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Global to invest in growth at high rates of return. When we think about Global X's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 14.3 B. Net Loss for the year was (1.31 B) with profit before overhead, payroll, taxes, and interest of 3.84 B. | |
| Global X Funds currently holds about 193 M in cash with (1.74 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of -13.7278. | |
| Roughly 58.0% of the company shares are owned by institutional investors | |
| Latest headline from independent.co.uk: Watch Live Norad tracks Santas annual journey delivering presents around the world | |
| The fund maintains 99.97% of its assets in stocks |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Global X Funds. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
The market value of Global X Funds 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.