Global X Cloud Etf Price on December 16, 2024

CLOU Etf  USD 24.50  0.34  1.41%   
Below is the normalized historical share price chart for Global X Cloud extending back to April 16, 2019. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Global X stands at 24.50, as last reported on the 22nd of December, with the highest price reaching 24.70 and the lowest price hitting 23.89 during the day.
3 y Volatility
25.92
200 Day MA
20.8675
1 y Volatility
21.93
50 Day MA
23.0576
Inception Date
2019-04-12
 
Covid
If you're considering investing in Global Etf, it is important to understand the factors that can impact its price. Global X appears to be very steady, given 3 months investment horizon. Global X Cloud holds Efficiency (Sharpe) Ratio of 0.21, which attests that the entity had a 0.21% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Global X Cloud, which you can use to evaluate the volatility of the entity. Please utilize Global X's Downside Deviation of 1.38, risk adjusted performance of 0.1726, and Market Risk Adjusted Performance of 0.246 to validate if our risk estimates are consistent with your expectations.
  
Global Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2124

Best PortfolioBest Equity
Good Returns
Average Returns
Small ReturnsCLOU
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 1.39
  actual daily
12
88% of assets are more volatile

Expected Return

 0.3
  actual daily
5
95% of assets have higher returns

Risk-Adjusted Return

 0.21
  actual daily
16
84% of assets perform better
Based on monthly moving average Global X is performing at about 16% 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.
Average Mkt Cap Mil
22.4 K

Related Headline

Technology Select Headline on 16th of December 2024

Smart Beta ETF report for RSPT

Global X Valuation on December 16, 2024

It is possible to determine the worth of Global X on a given historical date. On December 16, 2024 Global was worth 25.15 at the beginning of the trading date compared to the closed value of 25.38. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Global X etf. Still, in general, we apply an absolute valuation method to find Global X's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Global X where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Global X's related companies.
 Open High Low Close Volume
  25.54    25.54    25.07    25.11    153,910  
12/16/2024
  25.15    25.45    25.08    25.38    156,823  
  25.21    25.53    25.21    25.38    163,163  
Backtest Global X  |  Global X History  |  Global X Valuation   PreviousNext  
Open Value
25.15
25.38
Closing Value
29.32
Upside

Global X Trading Date Momentum on December 16, 2024

On December 17 2024 Global X Cloud was traded for  25.38  at the closing time. The top price for the day was 25.53  and the lowest listed price was  25.21 . The trading volume for the day was 163.2 K. The trading history from December 17, 2024 did not cause price change. The overall trading delta against the current closing price is 5.87% .

Global X Cloud Fundamentals Correlations and Trends

By evaluating Global X's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Global X's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Global financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Global X Etf history

Global X investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Global is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Global X Cloud will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Global X stock prices may prove useful in developing a viable investing in Global X
The fund invests at least 80 percent of its total assets in the securities of the underlying index and in American Depositary Receipts and Global Depositary Receipts based on the securities in the underlying index. Gx Cloud is traded on NASDAQ Exchange in the United States.

Global X Etf Technical Analysis

Global X technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
A focus of Global X technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Global X trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Global X Period Price Range

Low
December 22, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Global X Cloud cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Global X December 22, 2024 Market Strength

Market strength indicators help investors to evaluate how Global X etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Global X shares will generate the highest return on investment. By undertsting and applying Global X etf market strength indicators, traders can identify Global X Cloud entry and exit signals to maximize returns

Global X Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Global X's price direction in advance. Along with the technical and fundamental analysis of Global Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Global to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether Global X Cloud is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Global Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Global X Cloud Etf. Highlighted below are key reports to facilitate an investment decision about Global X Cloud Etf:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Global X Cloud. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in persons.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
The market value of Global X Cloud 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.