Global X Alternative Income ETF Short Interest Up 172.7 percent in November
| ALTY Etf | USD 11.71 0.08 0.69% |
Slightly above 52% of Global X's investor base is interested to short. The current sentiment regarding investing in Global X Alternative etf implies that many traders are impartial. Global X's investing sentiment can be driven by a variety of factors including economic data, Global X's earnings reports, geopolitical events, and overall market trends.
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Global X Alternative Income ETF was the recipient of a large increase in short interest in November. As of November 15th, there was short interest totalling 3,000 shares, an increase of 172.7 percent from the October 31st total of 1,100 shares. Based on an average trading volume of 10,400 shares, the
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Global X Fundamental Analysis
We analyze Global X's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Global X using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Global X based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Net Asset
Net Asset Comparative Analysis
Global X is currently under evaluation in net asset as compared to similar ETFs. Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Global X Alternative Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Global X etf to make a market-neutral strategy. Peer analysis of Global X could also be used in its relative valuation, which is a method of valuing Global X by comparing valuation metrics with similar companies.
Peers
Global X Related Equities
| DWAT | Arrow DWA | 1.13 | ||||
| MPAY | Akros Monthly | 1.02 | ||||
| DUKQ | Northern Lights | 0.98 | ||||
| MDIV | First Trust | 0.75 | ||||
| MPRO | Northern Lights | 0.74 | ||||
| DRAI | EA Series | 0.43 | ||||
| MFUL | Collaborative Investment | 0.42 | ||||
| DSCF | Discipline Fund | 0.27 | ||||
| DRSK | Aptus Defined | 0.04 |
Check out Global X Hype Analysis, Global X Correlation and Global X Performance. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
The market value of Global X Alternative 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.