Global X Funds Etf Performance
| BTRN Etf | 35.78 0.25 0.70% |
The etf retains a Market Volatility (i.e., Beta) of 1.4, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Global X will likely underperform.
Risk-Adjusted Performance
19 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Global X Funds are ranked lower than 19 (%) of all global equities and portfolios over the last 90 days. In spite of very inconsistent basic indicators, Global X displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | How the price action is used to our Advantage - Stock Traders Daily | 09/25/2024 |
Global |
Global X Relative Risk vs. Return Landscape
If you would invest 2,331 in Global X Funds on September 1, 2024 and sell it today you would earn a total of 1,247 from holding Global X Funds or generate 53.5% return on investment over 90 days. Global X Funds is currently generating 0.7115% in daily expected returns and assumes 2.8921% risk (volatility on return distribution) over the 90 days horizon. In different words, 25% of etfs are less volatile than Global, and 86% 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 Funds, 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 = 0.246
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.89 actual daily | 25 75% of assets are more volatile |
Expected Return
| 0.71 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.25 actual daily | 19 81% of assets perform better |
Based on monthly moving average Global X is performing at about 19% 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.
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.
Global X is entity of United States. It is traded as Etf on NYSE ARCA exchange.