Technical Data - Stock Traders Daily
QRMI Etf | USD 17.16 0.01 0.06% |
Under 56% of Global X's investor base is looking to short. The current sentiment regarding investing in Global X NASDAQ etf implies that many traders are alarmed. Global X's investing sentiment shows overall attitude of investors towards Global X NASDAQ.
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Technical Data Stock Traders Daily
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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.
Total Asset
Total Asset Comparative Analysis
Global X is currently under evaluation in total asset as compared to similar ETFs. Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
Global X NASDAQ 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
DIVI | Franklin International | 0.1 |
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DIVD | Altrius Global | 0.15 |
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DIEM | Franklin Templeton | 0.22 |
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DIVB | IShares Dividend | 0.32 |
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MBOX | Freedom Day | 0.47 |
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DIVG | Invesco Exchange | 0.57 |
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DISO | Tidal Trust | 1.04 |
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MCHI | IShares MSCI | 1.29 |
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Check out Global X Hype Analysis, Global X Correlation and Global X Performance. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
The market value of Global X NASDAQ 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.