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 21.34  0.19  0.88%

Given the investment horizon of 30 days, and your above average risk tolerance our recommendation regarding Global X FinTech ETF is 'Strong Buy'.
For the selected time horizon Global X FinTech ETF has a risk adjusted performance of 0.1005, jensen alpha of 0.1318, total risk alpha of (0.065887), sortino ratio of 0.0 and treynor ratio of 0.4724
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 Return0.19Value At Risk-0.6961
Potential Upside0.9273Standard Deviation0.4513
 Return Density 
      Distribution 

Institutional Investors

Security TypeSharesValue
Susquehanna International Group LlpFund Units30.5 K563 K

Global X Greeks

α
Alpha over DOW
= 0.13 
βBeta against DOW= 0.38 
σ
Overall volatility
= 0.44 
 IrInformation ratio = 0.12 

Global X Volatility Alert

Global X FinTech ETF exhibits very low volatility with skewness of -0.41 and kurtosis of 0.5. 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
One Year Return34.55 % (1.25) %
Net Asset19.69 M888.73 M
Equity Positions Weight99.95 % 49.22 %
SellBuy
Strong Buy

Volatility

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Currently Unavailable

Piotroski F Score

Financial Leverage

Inapplicable
Risk Adjusted Performance0.1005
Market Risk Adjusted Performance0.4824
Mean Deviation0.3352
Coefficient Of Variation239.25
Standard Deviation0.4513
Variance0.2037
Information Ratio0.1212
Jensen Alpha0.1318
Total Risk Alpha(0.065887)
Treynor Ratio0.4724
Maximum Drawdown1.7
Value At Risk(0.7)
Potential Upside0.9273
Skewness(0.41)
Kurtosis0.5017