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 22.70  0.02  0.07%

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 0.0399, jensen alpha of 0.0518, total risk alpha of 0.0439, sortino ratio of 0.0661 and treynor ratio of (0.23)
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 Return0.06Value At Risk-1.0669
Potential Upside1.1509Standard Deviation0.7472
 Return Density 
      Distribution 

Institutional Investors

Security TypeSharesValue
Envestnet Asset Management IncFund Units67 K1.4 M

Global X Greeks

α
Alpha over DOW
= 0.05 
βBeta against DOW=(0.22) 
σ
Overall volatility
= 0.78 
 IrInformation ratio = 0.06 

Global X Volatility Alert

Global X Next Emerging Frontier ETF exhibits relatively low volatility with skewness of 0.0 and kurtosis of -0.4. 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 Return10.35 % (1.25) %
Three Year Return(3.14) % 2.26 %
Net Asset15.86 M888.73 M
Equity Positions Weight99.68 % 49.22 %
SellBuy
Hold

Volatility

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Currently Unavailable

Piotroski F Score

Financial Leverage

Inapplicable
Risk Adjusted Performance0.0399
Market Risk Adjusted Performance(0.22)
Mean Deviation0.5727
Semi Deviation0.6243
Downside Deviation0.7084
Coefficient Of Variation1226.45
Standard Deviation0.7472
Variance0.5583
Information Ratio0.0627
Jensen Alpha0.0518
Total Risk Alpha0.0439
Sortino Ratio0.0661
Treynor Ratio(0.23)
Maximum Drawdown2.56
Value At Risk(1.07)
Potential Upside1.15
Downside Variance0.5018
Semi Variance0.3897
Expected Short fall(0.69)
Skewness(0.0031)
Kurtosis(0.40)