|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 Return||0.13||Value At Risk||0.78|
|Potential Upside||0.9||Standard Deviation||0.6|
|Security Type||Shares||Value||Envestnet Asset Management Inc||Fund Units||74.4 K||1.7 M|
Global X Greeks
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.