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

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

USD 23.42  0.0022  0.01%

Given the investment horizon of 30 days, and your above average risk tolerance our recommendation regarding Global X Next Emerging Frontier ETF is 'Hold'.
For the selected time horizon Global X Next Emerging Frontier ETF has a risk adjusted performance of 0.0079, jensen alpha of 0.0171, total risk alpha of (0.26), sortino ratio of (0.25) and treynor ratio of 0.0256
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 Return0.01Value At Risk-0.7943
Potential Upside0.6975Standard Deviation0.4794
 Return Density 

Global X Greeks

Alpha over DOW
= 0.017112 
βBeta against DOW=(0.17) 
Overall volatility
= 0.47 
 IrInformation ratio =(0.27) 

Global X Volatility Alert

Global X Next Emerging Frontier ETF exhibits very low volatility with skewness of -0.39 and kurtosis of -0.58. However, we advise investors to further study Global X Next Emerging Frontier ETF technical indicators to make sure all market info is available and is reliable.
 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 Return15.04 % (1.25) %
Three Year Return(1.26) % 2.26 %
Net Asset16.16 M888.73 M
Equity Positions Weight99.27 % 49.22 %


Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Currently Unavailable

Piotroski F Score

Financial Leverage

Risk Adjusted Performance0.0079
Market Risk Adjusted Performance0.0356
Mean Deviation0.3749
Semi Deviation0.4847
Downside Deviation0.5149
Coefficient Of Variation8658.53
Standard Deviation0.4794
Information Ratio(0.27)
Jensen Alpha0.0171
Total Risk Alpha(0.26)
Sortino Ratio(0.25)
Treynor Ratio0.0256
Maximum Drawdown1.61
Value At Risk(0.79)
Potential Upside0.6975
Downside Variance0.2651
Semi Variance0.235
Expected Short fall(0.42)