Global X Data Etf Performance
| DTCR Etf | 17.69 0.08 0.45% |
The etf retains a Market Volatility (i.e., Beta) of 0.21, which attests to not very significant fluctuations relative to the market. 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
11 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Global X Data are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. Even with relatively inconsistent fundamental indicators, Global X may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
1 | American Tower Boosts Data Power New 400G AWS Connections To Fuel AI And Big Data At Key US Data Centers | 10/03/2024 |
2 | IPVanish Adds Secure Browsing Cloud Backup to its Leading VPN Plans for Increased Consumer Protection | 10/17/2024 |
3 | Your VPN May Not Be Private. This Blockchain Startup Nym Has A Fix | 10/22/2024 |
4 | CleverFi Unveils Groundbreaking Teleport Your Home Wi-Fi Technology for Seamless, Secure Connectivity Anywhere--No VPN or App Required | 10/29/2024 |
5 | PureVPN Empowers Shoppers with 85 percent Off to Access Global Discounts This Black Friday | 11/01/2024 |
6 | PureVPN and ZIGChain Join Forces to Strengthen Cybersecurity in Web3 | 11/13/2024 |
7 | Global X Data Center Digital Infrastructure ETF Institutional Ownership 2024 - MarketBeat | 11/18/2024 |
8 | Black Friday VPN Deals Top Early Surfshark, NordVPN, ExpressVPN More Deals Rated by Expert Consumers | 11/26/2024 |
Global |
Global X Relative Risk vs. Return Landscape
If you would invest 1,604 in Global X Data on September 1, 2024 and sell it today you would earn a total of 165.00 from holding Global X Data or generate 10.29% return on investment over 90 days. Global X Data is currently generating 0.1618% in daily expected returns and assumes 1.1301% risk (volatility on return distribution) over the 90 days horizon. In different words, 10% of etfs are less volatile than Global, and 97% 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 Data, 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 = 0.1432
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | DTCR | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.13 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Global X is performing at about 11% of its full potential. 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 it 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.
About Global X Performance
Assessing Global X's fundamental ratios provides investors with valuable insights into Global X's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Global X is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Global X is entity of United States. It is traded as Etf on NASDAQ exchange.| Global X Data was previously known as Global X Data and was traded on NASDAQ Exchange under the symbol VPN. | |
| Latest headline from newswire.com: Black Friday VPN Deals Top Early Surfshark, NordVPN, ExpressVPN More Deals Rated by Expert Consumers |
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.