Global X Buy or Sell Recommendation

Macroaxis provides Global X FinTech 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 FinTech 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 FinTech ETF -- USA Etf  

USD 21.98  0.004  0.0182%

Given the investment horizon of 30 days, and your above average risk tolerance our recommendation regarding Global X FinTech ETF is 'Strong Hold'.
For the selected time horizon Global X FinTech ETF has a risk adjusted performance of 0.0636, jensen alpha of (0.083033), total risk alpha of (0.39), sortino ratio of (0.11) and treynor ratio of 0.1407
Macroaxis buy or sell recommendations module can be used to complement current analysts and expert consensus on Global X FinTech 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 check out Global X Total Asset to decide if your Global X buy or sell deciscion is justified.

Returns Distribution Density

Mean Return0.11Value At Risk1.32
Potential Upside1.16Standard Deviation0.92
 Return Density 
      Distribution 

Institutional Investors

Security TypeSharesValue
Susquehanna International Group LlpFund Units34.6 K719 K

Global X Greeks

α
Alpha over DOW
=0.08
βBeta against DOW=0.74
σ
Overall volatility
=0.85
 IrInformation ratio =0.16

Global X Volatility Alert

Global X FinTech ETF has relatively low volatility with skewness of -1.27 and kurtosis of 2.6. However, we advise all investors to independently investigate Global X FinTech ETF to ensure market all accessible information is consistent with the expectations about its upside potential and future risk-adjusted return.
    
 Better Than Average     
    
 Worse Than Average Compare Global X to competition
FundamentalsGlobal XPeer Average
One Year Return45.73 % (1.25) %
Net Asset32.37 M888.73 M
Equity Positions Weight99.9 % 49.22 %
SellBuy
Strong Hold

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Currently Unavailable

Piotroski F Score

Financial Leverage

Inapplicable
Risk Adjusted Performance0.0636
Market Risk Adjusted Performance0.1507
Mean Deviation0.6543
Semi Deviation1.16
Downside Deviation1.31
Coefficient Of Variation807.48
Standard Deviation0.9187
Variance0.8439
Information Ratio(0.16)
Jensen Alpha(0.083033)
Total Risk Alpha(0.39)
Sortino Ratio(0.11)
Treynor Ratio0.1407
Maximum Drawdown4.27
Value At Risk(1.32)
Potential Upside1.16
Downside Variance1.72
Semi Variance1.34
Expected Short fall(0.63)
Skewness(1.27)
Kurtosis2.6