Global X Video Etf Performance
| HERO Etf | USD 23.99 0.27 1.11% |
The etf retains a Market Volatility (i.e., Beta) of 0.0418, which attests to not very significant fluctuations relative to the market. 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
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Over the last 90 days Global X Video has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of very healthy basic indicators, Global X is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
1 | DAVID YURMAN CELEBRATES MOMENTS OF JOY IN HOLIDAY CAMPAIGN FEATURING STERLING K. BROWN, HERO FIENNES TIFFIN, WINNIE HARLOW, KYLE KUZMA, IRIS LAW AND ARIZONA MUS... | 10/28/2024 |
2 | VSPO, the largest esports company in Asia, rebranded Hero Esports to support esports globalization | 11/08/2024 |
3 | Acquisition by Bates Thomas R Jr of 25000 shares of Global X at 4.5217 subject to Rule 16b-3 | 11/25/2024 |
4 | Huge Announces Acquisition by AEA Investors and Strategic Combination with Hero Digital | 12/05/2024 |
5 | ModMed Recognizes Leaders in Healthcare Operations with 2nd Annual Practice HERO Awards | 12/12/2024 |
6 | Acquisition by Webster Steven A of 150000 shares of Global X at 1.1295 subject to Rule 16b-3 | 12/13/2024 |
7 | TIM TEBOW HONORED AT VICTORIAS VOICE FOUNDATIONS GALA WITH DAVID SIEGEL HERO AWARD | 12/19/2024 |
| In Threey Sharp Ratio | -0.37 |
Global |
Global X Relative Risk vs. Return Landscape
If you would invest 2,434 in Global X Video on September 30, 2024 and sell it today you would lose (8.00) from holding Global X Video or give up 0.33% of portfolio value over 90 days. Global X Video is currently generating 0.0032% in daily expected returns and assumes 1.2997% risk (volatility on return distribution) over the 90 days horizon. In different words, 11% of etfs are less volatile than Global, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
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 Video, 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 = 0.0025
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | HERO |
Estimated Market Risk
| 1.3 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Global X is not performing at its full potential. However, 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 Global X 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.
| Return On Equity | -4.98 | |||
| Return On Asset | -0.0148 | |||
| Profit Margin | (86.11) % | |||
| Operating Margin | (56.82) % | |||
| Current Valuation | 1.09 B | |||
| Shares Outstanding | 19.99 M | |||
| Price To Earning | 21.29 X | |||
| Price To Book | 0.07 X | |||
| Price To Sales | 0.14 X | |||
| Revenue | 32.44 M | |||
| EBITDA | (8.63 M) | |||
| Cash And Equivalents | 143.37 M | |||
| Cash Per Share | (1.86) X | |||
| Total Debt | 1.21 B | |||
| Debt To Equity | 0.80 % | |||
| Book Value Per Share | 28.74 X | |||
| Cash Flow From Operations | (26.46 M) | |||
| Earnings Per Share | (5.69) X | |||
| Total Asset | 168.5 M | |||
| Retained Earnings | 423.42 M | |||
| Current Asset | 410.2 M | |||
| Current Liabilities | 98.87 M | |||
About Global X Performance
By examining Global X's fundamental ratios, stakeholders can obtain critical insights into Global X's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Global X is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
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 Video is traded on NASDAQ Exchange in the United States.| Global X Video currently holds 1.21 B in liabilities with Debt to Equity (D/E) ratio of 0.8, which is about average as compared to similar companies. Global X Video has a current ratio of 0.69, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Global X until it has trouble settling it off, either with new capital or with free cash flow. So, Global X's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Global X Video sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Global to invest in growth at high rates of return. When we think about Global X's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 32.44 M. Net Loss for the year was (23.67 M) with profit before overhead, payroll, taxes, and interest of 357.01 M. | |
| The fund created three year return of -5.0% | |
| Latest headline from prnewswire.com: TIM TEBOW HONORED AT VICTORIAS VOICE FOUNDATIONS GALA WITH DAVID SIEGEL HERO AWARD | |
| Global X Video retains 99.98% of its assets under management (AUM) in equities |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Global X Video. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
The market value of Global X Video 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.