Global X is selling at 11.88 as of the 1st of March 2025; that is 0.67 percent decrease since the beginning of the trading day. The etf's open price was 11.96. Global X has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. The performance scores are derived for the period starting the 11th of May 2023 and ending today, the 1st of March 2025. Click here to learn more.
Horizons HGY seeks to achieve its investment objectives by investing, either directly or indirectly, in a portfolio of securities and other instruments that provide exposure to the price of gold bullion . HORIZONS GOLD is traded on Toronto Stock Exchange in Canada. More on Global X Gold
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 Concentration
Commodity, Horizons ETFs Management (Canada) Inc (View all Sectors)
Updated At
1st of March 2025
Global X Gold [HGY] is traded in Canada and was established 2010-12-17. The fund is listed under Commodity category and is part of Horizons ETFs Management (Canada) Inc family. Global X Gold currently have 59.06 M in assets under management (AUM). with the current yeild of 0.04%, while the total return for the last 3 years was 10.7%.
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Global X Gold 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.
The output start index for this execution was zero with a total number of output elements of sixty-one. Global X Gold Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe Global X price patterns.
Our tools can tell you how much better you can do entering a position in Global X without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.
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Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
When determining whether Global X Gold offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Global X's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Global X Gold Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Global X Gold Etf:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Global X Gold. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
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.