Global X MSCI China Information Technology ETF Trading Down 1.2
| CHIK Etf | USD 16.29 0.09 0.56% |
About 53% of CHIK's investor base is interested to short. The current sentiment regarding investing in CHIK etf implies that many traders are impartial. CHIK's investing sentiment shows overall attitude of investors towards CHIK.
CHIK |
Shares of Global X MSCI China Information Technology ETF traded down 1.2 percent on Tuesday . The stock traded as low as 16.29 and last traded at 16.29. 21 shares were traded during trading, a decline of 99 percent from the average session volume of 2,067 shares. The stock had previously closed at
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CHIK Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards CHIK can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
CHIK Fundamental Analysis
We analyze CHIK's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of CHIK using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of CHIK based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Last Dividend Paid
Last Dividend Paid Comparative Analysis
CHIK is currently under evaluation in last dividend paid as compared to similar ETFs. Last Dividend Paid refers to dividend per share(DPS) paid to the shareholder the last time dividends were issued by a company. In its conventional sense, dividends refer to the distribution of some of a company's net earnings or capital gains decided by the board of directors.
CHIK Potential Pair-trading
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 CHIK etf to make a market-neutral strategy. Peer analysis of CHIK could also be used in its relative valuation, which is a method of valuing CHIK by comparing valuation metrics with similar companies.
Peers
CHIK Related Equities
| MCHI | IShares MSCI | 0.81 | ||||
| EWH | IShares MSCI | 0.61 | ||||
| FXI | IShares China | 0.60 | ||||
| GMF | SPDR SP | 0.27 | ||||
| PGJ | Invesco Golden | 2.66 |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
The market value of CHIK is measured differently than its book value, which is the value of CHIK that is recorded on the company's balance sheet. Investors also form their own opinion of CHIK's value that differs from its market value or its book value, called intrinsic value, which is CHIK'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 CHIK's market value can be influenced by many factors that don't directly affect CHIK'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 CHIK's value and its price as these two are different measures arrived at by different means. Investors typically determine if CHIK is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CHIK'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.