Global X Buy Hold or Sell Recommendation

FINX -- USA Etf  

USD 27.27  0.12  0.44%

Given the investment horizon of 30 days, and your above average risk tolerance our recommendation regarding Global X FinTech ETF is 'Cautious Hold'. Macroaxis provides Global X 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 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

Symbol
Execute Advice
Sell Global XBuy Global X
Cautious Hold

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Currently Unavailable
For the selected time horizon Global X FinTech ETF has a mean deviation of 0.7114, semi deviation of 1.32, standard deviation of 1.07, variance of 1.15, downside variance of 2.0 and semi variance of 1.75
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 Return0.027266Value At Risk2.43
Potential Upside1.38Standard Deviation1.07
 Return Density 
      Distribution 

Global X Greeks

α
Alpha over DOW
=0.033986
β
Beta against DOW=0.13
σ
Overall volatility
=1.07
Ir
Information ratio =0.1

Global X Volatility Alert

Global X FinTech ETF has relatively low volatility with skewness of -1.51 and kurtosis of 3.16. 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

Global X Fundamental Vs Peers

FundamentalsGlobal XPeer Average
One Year Return41.78 % (1.25) %
Net Asset133.03 M888.73 M
Equity Positions Weight99.88 % 49.22 %

Global X Alerts

Trading Alerts and Improvement Suggestions
The fund retains 99.88% of its assets under management (AUM) in equities
Additionally see Global X Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with current analyst consensus. Please also try Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.