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 19.40  0.06  0.31%

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 (0.0059), jensen alpha of (0.03), total risk alpha of (0.03), sortino ratio of 0.0 and treynor ratio of (0.02)
This buy, hold, or sell suggestion tool can be used to cross verify current analyst consensus on Global X and to analyze the etf potential to grow in the current economic cycle. Please check out Global X Total Asset to decide if your Global X buy or sell deciscion is justified.

Returns Distribution Density

Mean Return-0.02Value At Risk-1.4794
Potential Upside0.8731Standard Deviation0.764
 Return Density 
      Distribution 

Global X Greeks

α
Alpha over DOW
=(0.03) 
βBeta against DOW= 1.13 
σ
Overall volatility
= 0.78 
 IrInformation ratio =(0.04) 

Global X Volatility Alert

Global X FinTech ETF exhibits very low volatility with skewness of -0.53 and kurtosis of 1.18. However, we advise investors to further study Global X FinTech ETF technical indicators to make sure all market info is available and is reliable.
    
 Better Than Average     
    
 Worse Than Average Compare Global X to competition
FundamentalsGlobal XPeer Average
Net Asset12.71 M888.73 M
Equity Positions Weight99.91 % 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 Performance(0.0059)
Market Risk Adjusted Performance(0.01)
Mean Deviation0.5631
Coefficient Of Variation(4,308)
Standard Deviation0.764
Variance0.5838
Information Ratio(0.04)
Jensen Alpha(0.03)
Total Risk Alpha(0.03)
Treynor Ratio(0.02)
Maximum Drawdown3.12
Value At Risk(1.48)
Potential Upside0.8731
Skewness(0.53)
Kurtosis1.18