Global X Artificial Etf Performance
| AIQ Etf | USD 38.82 0.24 0.62% |
The etf retains a Market Volatility (i.e., Beta) of 0.98, which attests to possible diversification benefits within a given portfolio. Global X returns are very sensitive to returns on the market. As the market goes up or down, Global X is expected to follow.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Global X Artificial are ranked lower than 14 (%) of all global equities and portfolios over the last 90 days. Even with relatively uncertain forward indicators, Global X may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
1 | Companies heavily investing in AI have low quant valuation grades | 10/02/2024 |
Global |
Global X Relative Risk vs. Return Landscape
If you would invest 3,433 in Global X Artificial on September 3, 2024 and sell it today you would earn a total of 449.00 from holding Global X Artificial or generate 13.08% return on investment over 90 days. Global X Artificial is generating 0.1975% of daily returns assuming volatility of 1.0373% on return distribution over 90 days investment horizon. In other words, 9% of etfs are less volatile than Global, and above 97% of all equities are expected to generate higher returns over the next 90 days. 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 Artificial, 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 = 0.1904
| Best Portfolio | Best Equity | |||
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| Small Returns | AIQ | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.04 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.2 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average Global X is performing at about 14% 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.
| Return On Equity | -210.61 | |||
| Return On Asset | 0.0739 | |||
| Profit Margin | 0.09 % | |||
| Operating Margin | 12.08 % | |||
| Current Valuation | 606.16 M | |||
| Shares Outstanding | 10.83 M | |||
| Price To Earning | 147.73 X | |||
| Price To Book | (0.57) X | |||
| Price To Sales | 0.27 X | |||
| Revenue | 523.71 M | |||
| EBITDA | 131.51 M | |||
| Cash And Equivalents | 22.65 M | |||
| Cash Per Share | 2.12 X | |||
| Total Debt | 542 M | |||
| Debt To Equity | 298.16 % | |||
| Book Value Per Share | (18.83) X | |||
| Cash Flow From Operations | 100.29 M | |||
| Earnings Per Share | 0.09 X | |||
| Total Asset | 125.63 M | |||
| Retained Earnings | (234.16 M) | |||
| Current Asset | 127.95 M | |||
| Current Liabilities | 100.91 M | |||
About Global X Performance
Assessing Global X's fundamental ratios provides investors with valuable insights into Global X's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Global X is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
The fund invests at least 80 percent of its total assets in the securities of the underlying index. Gx Artificial is traded on NASDAQ Exchange in the United States.| Global X Artificial has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial commitments | |
| The company reported the last year's revenue of 523.71 M. Reported Net Loss for the year was (1.7 M) with profit before taxes, overhead, and interest of 219.8 M. | |
| About 63.0% of the company shares are held by company insiders | |
| The fund holds 99.83% of its assets under management (AUM) in equities |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Global X Artificial. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
The market value of Global X Artificial 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.