Global Mofy Metaverse Etf Profile
| GMM Etf | USD 0.88 0.03 3.53% |
Performance0 of 100
| Odds Of DistressLess than 21
|
Global Mofy is selling at 0.88 as of the 18th of April 2024; that is 3.53 percent up since the beginning of the trading day. The etf's lowest day price was 0.83. Global Mofy has about a 21 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Global Mofy Metaverse are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of January 2024 and ending today, the 18th of April 2024. Click here to learn more.
Business Domain Software & Services | IPO Date 9th of October 2023 | Category Technology | Classification Information Technology |
The investment seeks investment results that, before fees and expenses, correspond generally to the total return performance of the SP Emerging BMI Index. SPDR SP is traded on Archipelago Exchange in USA. The company has 27.13 M outstanding shares of which 192.38 K shares are currently shorted by investors with about 0.0 days to cover. More on Global Mofy Metaverse
Moving together with Global Etf
| 0.79 | G | Genpact Limited Sell-off Trend | PairCorr |
| 0.75 | DMRC | Digimarc | PairCorr |
Moving against Global Etf
| 0.84 | FIS | Fidelity National Earnings Call This Week | PairCorr |
| 0.83 | FI | Fiserv Inc Earnings Call This Week | PairCorr |
| 0.73 | PSN | Parsons Corp Financial Report 1st of May 2024 | PairCorr |
| 0.72 | DTST | Data Storage Corp | PairCorr |
| 0.64 | WAVD | Wavedancer | PairCorr |
| 0.6 | JFU | 9F Inc Upward Rally | PairCorr |
| 0.49 | IBM | International Business Earnings Call This Week | PairCorr |
Global Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Global Mofy's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Global Mofy or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Hartmut Mueller |
| Old Names | [GRAMMER - Hanover Stock Exchang, Spdr S&p Emg Markets Etf] |
| Business Concentration | Application Software, Information Technology Services, Information Technology, NASDAQ Composite, Information Technology, Software, Information Technology Services, Technology (View all Sectors) |
| Tax Provision | 1.1 Million |
| Total Current Liabilities | 5.75 Million |
| Total Stockholder Equity | 20.96 Million |
| Currency Code | USD |
| Fiscal Year End | September |
| Property Plant And Equipment Net | 989,202 |
| Begin Period Cash Flow | 1.14 Million |
| Net Debt | (7.12 Million) |
| Accounts Payable | 531,091 |
| Cash | 10.44 Million |
| Other Operating Expenses | 19.24 Million |
| Non Current Assets Total | 9.23 Million |
| Non Currrent Assets Other | 1.73 Million |
| Quarterly Earnings Growth Y O Y | 0.259 |
| Cash And Short Term Investments | 11.22 Million |
| 50 Day M A | 4.985 |
| Code | GMM |
| Common Stock Shares Outstanding | 25.93 Million |
Global Mofy Metaverse [GMM] is traded in USA and was established 2007-03-19. Global Mofy is listed under Application Software category by Fama And French industry classification. The fund is classified under Information Technology category within Software family. Global Mofy Metaverse currently have 27.12 M in assets under management (AUM). , while the total return for the last 3 years was 11.39%.
Global Mofy generates positive cash flow from operations, but has no cash available
Check Global Mofy Probability Of Bankruptcy
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 Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Global Mofy Metaverse Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Global Mofy Metaverse Etf Constituents
| BIDU | Baidu Inc | Stock | Communication Services |
| BABA | Alibaba Group Holding | Stock | Consumer Discretionary |
| CICHF | China Construction Bank | Pink Sheet | Banks—Diversified |
| IDCBF | Industrial and Commercial | Pink Sheet | Banks—Diversified |
| TCTZF | Tencent Holdings | Pink Sheet | Internet Content & Information |
Global Mofy Target Price Odds Analysis
Contingent on a normal probability distribution, the odds of Global Mofy jumping above the current price in 90 days from now is about 89.81%. The Global Mofy Metaverse probability density function shows the probability of Global Mofy etf to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Global Mofy Metaverse has a beta of -1.1202. This usually indicates Additionally, global Mofy Metaverse has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Global Mofy to move above the current price in 90 days from now is about 89.81 (This Global Mofy Metaverse probability density function shows the probability of Global Etf to fall within a particular range of prices over 90 days) .
Global Mofy Metaverse Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Global Mofy market risk premium is the additional return an investor will receive from holding Global Mofy 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 Mofy. 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 Mofy's alpha and beta are two of the key measurements used to evaluate Global Mofy's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.97) | |||
| Total Risk Alpha | (1.82) | |||
| Treynor Ratio | 0.911 |
Global Mofy Against Markets
Picking the right benchmark for Global Mofy 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 Mofy 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 Mofy is critical whether you are bullish or bearish towards Global Mofy Metaverse at a given time. Please also check how Global Mofy's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Global Mofy without increasing your portfolio risk or giving up the 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.Did you try this?
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How to buy Global Etf?
Before investing in Global Mofy, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Global Mofy. To buy Global Mofy etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Global Mofy. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Global Mofy etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Global Mofy Metaverse etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Global Mofy Metaverse etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as Global Mofy Metaverse, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Global Mofy Metaverse?
The danger of trading Global Mofy Metaverse is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Global Mofy is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Global Mofy. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Global Mofy Metaverse is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Global Mofy Metaverse. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
The market value of Global Mofy Metaverse 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 Mofy's value that differs from its market value or its book value, called intrinsic value, which is Global Mofy'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 Mofy's market value can be influenced by many factors that don't directly affect Global Mofy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Global Mofy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Global Mofy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Global Mofy'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.