Global X Buy or Sell Recommendation

Macroaxis provides Global X Next Emerging Frontier ETF buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Global X positions. The advice algorithm takes into account all of Global X Next Emerging Frontier ETF available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from Global X buy-and-hold prospective. Additionally see Global X Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with current analyst consensus

Investment Horizon

  

Risk Tolerance

  
Symbol
Execute Advice
Global X Next Emerging Frontier ETF -- USA Etf  

USD 23.54  0.08  0.34%

Given the investment horizon of 30 days, and your above average risk tolerance our recommendation regarding Global X Next Emerging Frontier ETF is 'Strong Hold'.
For the selected time horizon Global X Next Emerging Frontier ETF has a risk adjusted performance of 0.1089, jensen alpha of 0.0762, total risk alpha of (0.2), sortino ratio of (0.2) and treynor ratio of 0.6494
Macroaxis buy or sell recommendations module can be used to complement current analysts and expert consensus on Global X Next Emerging Frontier ETF. Our buy, hold, or sell recommendation engine utilizes analyzes the organization potential to grow using all fundamental data market data available at the time. Please utilize Global X Next Emerging Frontier ETF Price to Book and One Year Return to make buy, hold, or sell decision on Global X.

Returns Distribution Density

Mean Return0.13Value At Risk0.78
Potential Upside0.9Standard Deviation0.6
 Return Density 
      Distribution 

Institutional Investors

Security TypeSharesValue
Envestnet Asset Management IncFund Units74.4 K1.7 M

Global X Greeks

α
Alpha over DOW
=0.0762
βBeta against DOW=0.19
σ
Overall volatility
=0.54
 IrInformation ratio =0.21

Global X Volatility Alert

Global X Next Emerging Frontier ETF exhibits relatively low volatility with skewness of -0.43 and kurtosis of 1.21. However, we advice investors to further investigate Global X Next Emerging Frontier ETF to make sure all market statistics is disseminated and is consistent with investors' estimations about Global X upside potential.
    
 Better Than Average     
    
 Worse Than Average Compare Global X to competition
FundamentalsGlobal XPeer Average
Price to Earning14.24 times8.24 times
Price to Book1.64 times0.97 times
Price to Sales1.11 times0.72 times
One Year Return28.77 % (1.25) %
Three Year Return(0.33) % 2.26 %
Net Asset16.19 M888.73 M
Equity Positions Weight99.67 % 49.22 %
SellBuy
Strong Hold

Volatility

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Currently Unavailable

Piotroski F Score

Financial Leverage

Inapplicable
Risk Adjusted Performance0.1089
Market Risk Adjusted Performance0.6594
Mean Deviation0.4453
Semi Deviation0.3161
Downside Deviation0.649
Coefficient Of Variation444.61
Standard Deviation0.6
Variance0.36
Information Ratio(0.21)
Jensen Alpha0.0762
Total Risk Alpha(0.2)
Sortino Ratio(0.2)
Treynor Ratio0.6494
Maximum Drawdown2.74
Value At Risk(0.78)
Potential Upside0.9011
Downside Variance0.4212
Semi Variance0.0999
Expected Short fall(0.62)
Skewness(0.43)
Kurtosis1.21