Global X Big Etf Performance
| HBGD-U Etf | USD 22.10 0.00 0.00% |
The etf retains a Market Volatility (i.e., Beta) of 0.36, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Global X's returns are expected to increase less than the market. However, during the bear market, the loss of holding Global X is expected to be smaller as well.
Risk-Adjusted Performance
3 of 100
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Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Global X Big are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. Despite somewhat unfluctuating technical and fundamental indicators, Global X may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
Global |
Global X Relative Risk vs. Return Landscape
If you would invest 2,086 in Global X Big on September 3, 2024 and sell it today you would earn a total of 124.00 from holding Global X Big or generate 5.94% return on investment over 90 days. Global X Big is generating 0.1196% of daily returns and assumes 2.3874% volatility on return distribution over the 90 days horizon. Simply put, 21% of etfs are less volatile than Global, and 98% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Global X Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Global X's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Global X Big, and traders can use it to determine the average amount a Global X's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0501
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| Cash | Small Risk | HBGD-U | High Risk | Huge Risk |
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Estimated Market Risk
| 2.39 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Global X is performing at about 3% 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.
Global X Fundamentals Growth
Global Etf prices reflect investors' perceptions of the future prospects and financial health of Global X, and Global X fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Global Etf performance.
| Total Asset | 8.38 M | |||
About Global X Performance
By analyzing Global X's fundamental ratios, stakeholders can gain valuable insights into Global X's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Global X has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Global X has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
HORIZONS BIG is traded on Toronto Stock Exchange in Canada.| The fund retains 104.51% of its assets under management (AUM) in equities |
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.