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

Time Horizon

Risk Tolerance

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

USD 24.21  0.0002  0.0008%

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 0.12, jensen alpha of 0.12, total risk alpha of 0.00043808, sortino ratio of 0.0 and treynor ratio of 2.82
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 Return0.11Value At Risk1.51
Potential Upside1.27Standard Deviation0.93
 Return Density 

Institutional Investors

Security TypeSharesValue
Envestnet Asset Management IncFund Units76.2 K1.8 M

Global X Greeks

Alpha over DOW
Beta against DOW=0.0432
Overall volatility
Information ratio =0.0079

Global X Volatility Alert

Global X Next Emerging Frontier ETF exhibits very low volatility with skewness of -0.24 and kurtosis of -0.15. 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 Return26.33 % (1.25) %
Three Year Return4.52 % 2.26 %
Net Asset18.55 M888.73 M
Equity Positions Weight99.72 % 49.22 %

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Currently Unavailable

Piotroski F Score

Financial Leverage

Risk Adjusted Performance0.12
Market Risk Adjusted Performance2.81
Mean Deviation0.7346
Coefficient Of Variation833.37
Standard Deviation0.9307
Information Ratio0.0079
Jensen Alpha0.12
Total Risk Alpha0.00043808
Treynor Ratio2.82
Maximum Drawdown3.65
Value At Risk1.51
Potential Upside1.27