Global X Active Etf Profile

HFR Etf  CAD 10.06  0.01  0.1%   

Performance

22 of 100

 
Weak
 
Strong
Solid

Odds Of Distress

Less than 9

 
High
 
Low
Low
Global X is selling at 10.06 as of the 29th of November 2024; that is 0.1 percent decrease since the beginning of the trading day. The etf's open price was 10.07. Global X has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for Global X Active are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of October 2024 and ending today, the 29th of November 2024. Click here to learn more.
The investment objective of the fund is to generate income that is consistent with prevailing short-term corporate bond yields while stabilizing the market value of the ETF from the effects of interest rate fluctuations. HORIZONS ACTIVE is traded on Toronto Stock Exchange in Canada.. More on Global X Active

Moving together with Global Etf

  0.76XSH iShares Core CanadianPairCorr
  0.74ZCS BMO Short CorporatePairCorr
  0.98ZST BMO Ultra ShortPairCorr
  0.61CBO iShares 1 5PairCorr

Moving against Global Etf

  0.67TCLB TD Canadian LongPairCorr
  0.31ZAG BMO Aggregate BondPairCorr

Global Etf Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Global X's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Global X or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Business ConcentrationCanadian Short Term Fixed Income, Horizons ETFs Management (Canada) Inc (View all Sectors)
Updated At29th of November 2024
Global X Active [HFR] is traded in Canada and was established 2010-12-10. The fund is listed under Canadian Short Term Fixed Income category and is part of Horizons ETFs Management (Canada) Inc family. Global X Active currently have 444.62 M in assets under management (AUM). with the current yeild of 0.03%, while the total return for the last 3 years was 4.4%.
Check Global X Probability Of Bankruptcy

Top Global X Active Etf Constituents

The Toronto-Dominion Bank 3%1.38%
Bank Montreal Que 2.85%1.37%
Choice Properties Real Estate Investment Trust 3.56%1.24%
TransCanada Pipelines Limited 3.8%1.45000005%
H&R Real Estate Investment Trust 3.37%1.36%
Federation des Caisses Desjardins du Quebec 2.86%1.4199999%
Canadian Imperial Bank of Commerce 3.45%2.6600001%
Bank Montreal Que 2.28%1.16%
Canadian Natural Resources Limited 3.55%1.16%
Pembina Pipeline Corporation 2.99%2.18%

Global X Top Holders

HACGlobal X SeasonalEtfAlternative Equity Focused
HAFGlobal X ActiveEtfMulti-Sector Fixed Income
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Global X Active Risk Profiles

The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Global X. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

Global X Active Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Global X Active Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe Global X price patterns.

Global X Against Markets

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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.