Global X Financials

HUG Etf  CAD 22.64  0.03  0.13%   
Financial data analysis helps to validate if markets are presently mispricing Global X. We were able to analyze and collect data for eight available reported financial drivers for Global X Gold, which can be compared to its competitors. The etf experiences a normal downward trend and little activity. Check odds of Global X to be traded at C$22.41 in 90 days. Key indicators impacting Global X's financial strength include:
3 y Sharp Ratio
0.74
  
The data published in Global X's official financial statements typically reflect Global X's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Global X's quantitative information. For example, before you start analyzing numbers published by Global accountants, it's essential to understand Global X's liquidity, profitability, and earnings quality within the context of the Horizons ETFs Management (Canada) Inc space in which it operates.

Global X Etf Summary

Global X competes with Global X, IShares Silver, BetaPro Silver, and Global X. HUG seeks investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to the performance of its Underlying Index. HORIZONS GOLD is traded on Toronto Stock Exchange in Canada.
InstrumentCanada Etf
ExchangeToronto Exchange
ISINCA44055T1084
RegionOthers
Investment IssuerOthers
Etf FamilyHorizons ETFs Management (Canada) Inc
Fund CategoryOthers
Portfolio ConcentrationOthers
BenchmarkDow Jones Industrial
Phone866 641 5739
CurrencyCAD - Canadian Dollar
You should never invest in Global X without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Global Etf, because this is throwing your money away. Analyzing the key information contained in Global X's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Global X Key Financial Ratios

Global X's financial ratios allow both analysts and investors to convert raw data from Global X's financial statements into concise, actionable information that can be used to evaluate the performance of Global X over time and compare it to other companies across industries.

Global Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Global X's current stock value. Our valuation model uses many indicators to compare Global X value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Global X competition to find correlations between indicators driving Global X's intrinsic value. More Info.
JavaScript chart by amCharts 3.21.15HUNHUCSVRHUG 010203040 00.51.01.52.02.53.0
Global X Gold is rated # 4 ETF in beta as compared to similar ETFs. It is one of the top ETFs in one year return as compared to similar ETFs reporting about  165.60  of One Year Return per Beta. Comparative valuation analysis is a catch-all model that can be used if you cannot value Global X by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Global X's Etf. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.

Global X Gold Systematic Risk

Global X's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Global X volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Global X Gold correlated with the market. If Beta is less than 0 Global X generally moves in the opposite direction as compared to the market. If Global X Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Global X Gold is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Global X is generally in the same direction as the market. If Beta > 1 Global X moves generally in the same direction as, but more than the movement of the benchmark.
JavaScript chart by amCharts 3.21.15Dec2025FebJan 13Jan 20Jan 27FebFeb 10Feb 1721.021.522.022.5 5K10K15K20K25K 0.10.20.30.40.50.6 42K42.5K43K43.5K44K44.5K Show all
JavaScript chart by amCharts 3.21.15Global X Gold Volume Global X Gold Closing Prices Dow Jones Industrial Closing Prices - Benchmark Global X Gold Beta

Global X February 22, 2025 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Global X help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Global X Gold. We use our internally-developed statistical techniques to arrive at the intrinsic value of Global X Gold based on widely used predictive technical indicators. In general, we focus on analyzing Global Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Global X's daily price indicators and compare them against related drivers.
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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
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.

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