Global X (UK) Performance
| BKCG Etf | 6.52 0.50 8.31% |
The etf retains a Market Volatility (i.e., Beta) of 0.93, 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
Very Weak
Weak | Strong |
Over the last 90 days Global X Blockchain has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of unsteady performance in the last few months, the Etf's basic indicators remain comparatively stable which may send shares a bit higher in April 2025. The newest uproar may also be a sign of mid-term up-swing for the exchange-traded fund private investors. ...more
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Global X Relative Risk vs. Return Landscape
If you would invest 909.00 in Global X Blockchain on December 24, 2024 and sell it today you would lose (257.00) from holding Global X Blockchain or give up 28.27% of portfolio value over 90 days. Global X Blockchain is generating negative expected returns and assumes 4.9927% volatility on return distribution over the 90 days horizon. Simply put, 44% of etfs are less volatile than Global, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading 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 Blockchain, 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 = -0.0815
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | BKCG |
Estimated Market Risk
| 4.99 actual daily | 44 56% of assets are more volatile |
Expected Return
| -0.41 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 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.
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.
Global X is entity of United Kingdom. It is traded as Etf on LSE exchange.| Global X Blockchain generated a negative expected return over the last 90 days | |
| Global X Blockchain has high historical volatility and very poor performance | |
| The fund generated three year return of -16.0% |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Global X Blockchain. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.