Global Dividend And Etf Performance
| XGLVX Etf | USD 6.43 0.03 0.47% |
The etf retains a Market Volatility (i.e., Beta) of 0.0665, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Global Dividend's returns are expected to increase less than the market. However, during the bear market, the loss of holding Global Dividend is expected to be smaller as well.
Risk-Adjusted Performance
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Very Weak
Over the last 90 days Global Dividend and has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly strong basic indicators, Global Dividend is not utilizing all of its potentials. The recent stock price disturbance, may contribute to short-term losses for the investors. ...more
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| Expense Ratio | 2.9800 |
Global |
Global Dividend Relative Risk vs. Return Landscape
If you would invest 641.00 in Global Dividend and on January 25, 2024 and sell it today you would earn a total of 2.00 from holding Global Dividend and or generate 0.31% return on investment over 90 days. Global Dividend and is currently producing 0.0063% returns and takes up 0.512% volatility of returns over 90 trading days. Put another way, 4% of traded etfs are less volatile than Global, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Global Dividend Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Global Dividend's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Global Dividend and, and traders can use it to determine the average amount a Global Dividend'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 = 0.0123
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | XGLVX |
Estimated Market Risk
| 0.51 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Global Dividend 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 Dividend by adding Global Dividend to a well-diversified portfolio.
Global Dividend Fundamentals Growth
Global Etf prices reflect investors' perceptions of the future prospects and financial health of Global Dividend, and Global Dividend 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 Dividend Performance
To evaluate Global Dividend Etf as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Global Dividend generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Global Etf's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Global Dividend market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Global's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.Global Dividend is entity of United States. It is traded as Etf on NMFQS exchange.