Global X is selling at 43.66 as of the 20th of March 2025; that is 1.70 percent increase since the beginning of the trading day. The etf's open price was 42.93. Global X has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 20th of December 2024 and ending today, the 20th of March 2025. Click here to learn more.
The fund invests more than 80 percent of its total assets in the securities of the underlying index. Gx Millennial is traded on NASDAQ Exchange in the United States. More on Global X Millennials
Global X Millennials [MILN] is traded in USA and was established 2016-05-04. The fund is listed under Large Growth category and is part of Global X Funds family. The entity is thematically classified as Theme ETFs. Global X Millennials now have 98.64 M in assets. , while the total return for the last 3 years was 5.9%.
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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.
When determining whether Global X Millennials 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 Millennials Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Global X Millennials Etf:
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The market value of Global X Millennials is measured differently than its book value, which is the value of Global that is recorded on the company's balance sheet. Investors also form their own opinion of Global X's value that differs from its market value or its book value, called intrinsic value, which is Global X'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 Global X's market value can be influenced by many factors that don't directly affect Global X'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 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.