Global X Balanced Etf Price on November 18, 2024
| HBAL Etf | CAD 15.98 0.05 0.31% |
Below is the normalized historical share price chart for Global X Balanced extending back to August 02, 2018. 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 15.98, as last reported on the 16th of December 2024, with the highest price reaching 16.06 and the lowest price hitting 15.98 during the day.
If you're considering investing in Global Etf, it is important to understand the factors that can impact its price. As of now, Global Etf is very steady. Global X Balanced 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 Balanced, which you can use to evaluate the volatility of the entity. Please check out Global X's Market Risk Adjusted Performance of 0.3673, risk adjusted performance of 0.1533, and Downside Deviation of 0.3705 to validate if the risk estimate we provide is consistent with the expected return of 0.0789%.
Global Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 12.06 | 200 Day MA 15.0104 | 1 y Volatility 5.3 | 50 Day MA 15.6792 | Inception Date 2018-08-01 |
Global |
Sharpe Ratio = 0.212
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | HBAL | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.37 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% 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 168.5 K |
Global X Valuation on November 18, 2024
It is possible to determine the worth of Global X on a given historical date. On November 18, 2024 Global was worth 15.6 at the beginning of the trading date compared to the closed value of 15.57. 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 | |
| 15.57 | 15.58 | 15.55 | 15.58 | 2,300 | |
11/18/2024 | 15.60 | 15.60 | 15.57 | 15.57 | 2,900 |
| 15.55 | 15.55 | 15.55 | 15.55 | 400.00 |
| Backtest Global X | | | Global X History | | | Global X Valuation | Previous | Next |
Global X Trading Date Momentum on November 18, 2024
| On November 19 2024 Global X Balanced was traded for 15.55 at the closing time. The highest price during the trading period was 15.55 and the lowest recorded bid was listed for 15.55 . The volume for the day was 400. This history from November 19, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.13% . The overall trading delta to the current price is 1.61% . |
Global X Balanced 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 Balanced 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
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.
Price Boundaries
Global X Period Price Range
Low | December 16, 2024
| High |
0.00 | 0.00 |
Global X Balanced cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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 16, 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 Balanced 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.
| Risk Adjusted Performance | 0.1533 | |||
| Jensen Alpha | 0.055 | |||
| Total Risk Alpha | 0.0273 | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.3573 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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.