Global X (Australia) Performance
| ETPMPM Etf | 283.15 1.35 0.48% |
The etf retains a Market Volatility (i.e., Beta) of 0.0911, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Global X's returns are expected to increase less than the market. However, during the bear market, the loss of holding Global X is expected to be smaller as well.
Risk-Adjusted Performance
Solid
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Global X Physical are ranked lower than 18 (%) of all global equities and portfolios over the last 90 days. Despite somewhat uncertain basic indicators, Global X may actually be approaching a critical reversion point that can send shares even higher in April 2025. ...more
1 | 3 ASX ETFs to bet on gold - The Motley Fool Australia | 03/17/2025 |
Global |
Global X Relative Risk vs. Return Landscape
If you would invest 25,261 in Global X Physical on December 24, 2024 and sell it today you would earn a total of 3,054 from holding Global X Physical or generate 12.09% return on investment over 90 days. Global X Physical is generating 0.1875% of daily returns and assumes 0.8098% volatility on return distribution over the 90 days horizon. Simply put, 7% of etfs are less volatile than Global, and 97% 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 Physical, 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 = 0.2315
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.81 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.19 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 18 82% of assets perform better |
Based on monthly moving average Global X is performing at about 18% 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 analyzing Global X's fundamental ratios, stakeholders can gain valuable insights into Global X's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Global X has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Global X has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Global X is entity of Australia. It is traded as Etf on AU exchange.| Latest headline from news.google.com: 3 ASX ETFs to bet on gold - The Motley Fool Australia |
Other Information on Investing in Global Etf
Global X financial ratios help investors to determine whether Global Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Global with respect to the benefits of owning Global X security.