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

Time Horizon

Risk Tolerance

Execute Advice
Global X FinTech ETF -- USA Etf  

USD 23.35  0.52  2.18%

Given the investment horizon of 30 days, and your above average risk tolerance our recommendation regarding Global X FinTech ETF is 'Cautious Hold'.
For the selected time horizon Global X FinTech ETF has a mean deviation of 1.04, semi deviation of 1.18, standard deviation of 1.31, variance of 1.72, downside variance of 1.93 and semi variance of 1.4
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 Return0.045382Value At Risk2.18
Potential Upside1.96Standard Deviation1.31
 Return Density 

Global X Greeks

Alpha over DOW
Beta against DOW=0.41
Overall volatility
Information ratio =0.13

Global X Volatility Alert

Global X FinTech ETF has relatively low volatility with skewness of -0.15 and kurtosis of -0.62. 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 Return49.80 % (1.25) %
Net Asset101.63 M888.73 M
Equity Positions Weight99.86 % 49.22 %
Cautious Hold

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Currently Unavailable

Piotroski F Score

Financial Leverage

Risk Adjusted Performance0.0367
Market Risk Adjusted Performance0.076466
Mean Deviation1.04
Semi Deviation1.18
Downside Deviation1.39
Coefficient Of Variation2890.15
Standard Deviation1.31
Information Ratio0.1254
Jensen Alpha0.017424
Total Risk Alpha0.2062
Sortino Ratio0.1182
Treynor Ratio0.086466
Maximum Drawdown4.72
Value At Risk2.18
Potential Upside1.96
Downside Variance1.93
Semi Variance1.4
Expected Short fall1.18