Global Etf Profile

CHIQ -  USA Etf  

USD 28.62  0.00  0.00%

Global X is selling at 28.62 as of the 27th of September 2021; that is No Change since the beginning of the trading day. The etf's last reported lowest price was 28.62. Global X has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Global X MSCI are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of August 2020 and ending today, the 27th of September 2021. Click here to learn more.
 Market Performance
0 of 100
  Odds Of Distress
Less than 1

Global X Etf Profile

The investment seeks to provide investment results that correspond generally to the price and yield performance of the MSCI China Consumer Discretionary 1050 Index. Global X is traded on NYSEArca Exchange in the United States. more on Global X
Global X MSCI generates negative expected return over the last 90 days
Global X MSCI is unlikely to experience financial distress in the next 2 years
The fund holds 99.41% of its assets under management (AUM) in equities
Legal NameGlobal X MSCI
President CEO, DirectorBruno Ama  (View All)
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Global X's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong SellOvervalued
IssuerGlobal X
DescriptionGlobal X China Consumer ETF
Inception Date2009-11-30
BenchmarkSolactive China Consumer Index
Entity TypeRegulated Investment Company
Asset Under Management629.58 Million
Average Trading Valume185,086
Asset TypeEquity
CategorySector
FocusConsumer Discretionary
Market ConcentrationEmerging Markets
RegionAsia-Pacific
AdministratorGlobal X Management Company LLC
AdvisorGlobal X Management Company LLC
CustodianBrown Brothers Harriman & Co.
DistributorSEI Investments Distribution Co.
Portfolio ManagerChang Kim, James Ong, Nam To
Transfer AgentBrown Brothers Harriman & Co.
Fiscal Year End31-Oct
ExchangeNYSE Arca, Inc.
Number of Constituents89.0
Market MakerVirtu Financial
Total Expense0.65
Management Fee0.65
Nav Price30.03
Two Hundred Day Average32.52
Ytd-0.59%
Average Daily Volume In Three Month216.91k
Fifty Two Week Low25.82
As Of Date30th of June 2021
Average Daily Volume Last 10 Day137.88k
Fifty Two Week High43.9
One Month6.50%
Fifty Day Average29.92
Three Month5.65%
Global X MSCI [CHIQ] is traded in USA and was established 2009-12-01. The fund is listed under China Region category and is part of Global X Funds family. Global X MSCI currently have 891.41 M in assets under management (AUM). , while the total return for the last 3 years was 27.31%.
Check Global X Probability Of Bankruptcy

Geographic Allocation (%)

Sector Allocation (%)

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Global Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Global X , and the less return is expected.

Global X MSCI Currency Exposure (%)

Top Global X MSCI Constituents

Global X Target Price Odds Analysis

What are Global X's target price odds to finish over the current price? Contingent on a normal probability distribution, the odds of Global X jumping above the current price in 90 days from now is about 88.38%. The Global X MSCI probability density function shows the probability of Global X etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Global X MSCI has a beta of -0.0559 suggesting as returns on benchmark increase, returns on holding Global X are expected to decrease at a much lower rate. During the bear market, however, Global X MSCI is likely to outperform the market. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Global X MSCI is significantly underperforming DOW.
 Odds Down 28.62HorizonTargetOdds Up 28.62 
11.53%90 days
 28.62 
88.38%
Based on a normal probability distribution, the odds of Global X to move above the current price in 90 days from now is about 88.38 (This Global X MSCI probability density function shows the probability of Global Etf to fall within a particular range of prices over 90 days) .

Global X Top Holders

Global X MSCI Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Global X market risk premium is the additional return an investor will receive from holding Global X long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Global X. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Global X's alpha and beta are two of the key measurements used to evaluate Global X's performance over the market, the standard measures of volatility play an important role as well.

Global X MSCI Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Global X MSCI Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe Global X price patterns. View also all equity analysis or get more info about inverse tangent over price movement math transform indicator.

Global X Against Markets

Picking the right benchmark for Global X etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Global X etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Global X is critical whether you are bullish or bearish towards Global X MSCI at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Global X without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Continue to Trending Equities. Note that the Global X MSCI information on this page should be used as a complementary analysis to other Global X's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

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When running Global X MSCI price analysis, check to measure Global X's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Global X is operating at the current time. Most of Global X's value examination focuses on studying past and present price action to predict the probability of Global X's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Global X's price. Additionally, you may evaluate how the addition of Global X to your portfolios can decrease your overall portfolio volatility.
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The market value of Global X MSCI 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 MSCI underlying business (such as 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 Global X value 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.