GX SPTsx 60 Index Corporate Cls ETF USD Quote - Press Release - The Globe and Mail
| HXT-U Etf | USD 45.00 0.30 0.67% |
Slightly above 52% of Global X's investor base is interested to short. The current sentiment regarding investing in Global X SPTSX etf implies that many traders are impartial. Global X's investing sentiment can be driven by a variety of factors including economic data, Global X's earnings reports, geopolitical events, and overall market trends.
Global |
GX SPTsx 60 Index Corporate Cls ETF USD Quote - Press Release The Globe and Mail
Read at news.google.com
 |
Global X Fundamental Analysis
We analyze Global X's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Global X using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Global X 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.
Probability Of Bankruptcy
Probability Of Bankruptcy Comparative Analysis
Global X is currently under evaluation in probability of bankruptcy as compared to similar ETFs. Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
Global X SPTSX 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 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.
Peers
Global X Related Equities
| MULC | Manulife Multifactor | 1.21 | ||||
| MCLC | Manulife Multifactor | 0.50 | ||||
| MUMC | Manulife Multifactor | 0.47 | ||||
| INOC | Global X | 0.26 | ||||
| MCSM | Manulife Multifactor | 0.07 |
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.