Gx EM Etf Profile

EWEB
 Etf
  

USD 6.42  0.04  0.63%   

Market Performance
0 of 100
Odds Of Distress
Over 72
Gx EM is trading at 6.42 as of the 26th of September 2022, a 0.63 percent up since the beginning of the trading day. The etf's open price was 6.38. Gx EM has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. Equity ratings for Gx EM Internet are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of August 2022 and ending today, the 26th of September 2022. Click here to learn more.
The fund invests at least 80 percent of its total assets, plus borrowings for investments purposes , in the securities of the index and in ADRs and GDRs based on the securities in the index. Gx EM is traded on NYSEArca Exchange in the United States. More on Gx EM Internet

Gx EM Etf Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Gx EM's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Gx EM or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Gx EM Internet generated a negative expected return over the last 90 days
Gx EM Internet has high likelihood to experience some financial distress in the next 2 years
The fund retains 99.91% of its assets under management (AUM) in equities
Thematic Ideas
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Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Gx EM's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Cautious HoldUndervalued
IssuerGlobal X
Inception Date2020-11-09
BenchmarkNasdaq CTA Emerging Markets Internet & E-commerce Index
Entity TypeRegulated Investment Company
Asset Under Management2.36 Million
Asset TypeEquity
CategoryStrategy
FocusTheme
Market ConcentrationEmerging Markets
RegionGlobal
AdministratorSEI Investments Global Funds Services
AdvisorGlobal X Management Company LLC
CustodianBrown Brothers Harriman & Co.
DistributorSEI Investments Distribution Co.
Portfolio ManagerChang Kim, Nam To, Wayne Xie, Kimberly Chan
Transfer AgentBrown Brothers Harriman & Co.
Fiscal Year End31-Oct
ExchangeThe NASDAQ Stock Market LLC
Number of Constituents44.0
Market MakerSusquehanna
Total Expense0.65
Management Fee0.65
Nav Price7.12
Two Hundred Day Average7.98
Ytd-24.96%
Average Daily Volume In Three Month1.29k
Fifty Two Week Low5.93
As Of Date22nd of July 2022
Average Daily Volume Last 10 Day1.22k
Fifty Two Week High13.0
One Month1.59%
Fifty Day Average7.22
Three Month10.29%
Gx EM Internet [EWEB] is traded in USA and was established 2020-11-09. The fund is listed under Diversified Emerging Mkts category and is part of Global X Funds family. The entity is thematically classified as Conservative. Gx EM Internet currently have 2.73 M in assets under management (AUM). , while the total return for the last year was -47.97%.
Check Gx EM Probability Of Bankruptcy

Geographic Allocation (%)

Sector Allocation (%)

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Gx EM Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Gx EM Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Gx EM Internet Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Gx EM Internet Currency Exposure (%)

Top Gx EM Internet Constituents

Gx EM Target Price Odds Analysis

What are Gx EM's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Gx EM jumping above the current price in 90 days from now is close to 99%. The Gx EM Internet probability density function shows the probability of Gx EM etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the etf has a beta coefficient of 1.0211 suggesting Gx EM Internet market returns are sensitive to returns on the market. As the market goes up or down, Gx EM is expected to follow. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Gx EM Internet is significantly underperforming DOW.
  Odds Below 6.42HorizonTargetOdds Above 6.42
0.18%90 days
 6.42 
99.81%
Based on a normal probability distribution, the odds of Gx EM to move above the current price in 90 days from now is close to 99 (This Gx EM Internet probability density function shows the probability of Gx EM Etf to fall within a particular range of prices over 90 days) .

Gx EM Internet Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Gx EM market risk premium is the additional return an investor will receive from holding Gx EM long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Gx EM. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Gx EM's alpha and beta are two of the key measurements used to evaluate Gx EM's performance over the market, the standard measures of volatility play an important role as well.

Gx EM Internet Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Gx EM Internet Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe Gx EM price patterns.
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Gx EM Against Markets

Picking the right benchmark for Gx EM etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Gx EM etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Gx EM is critical whether you are bullish or bearish towards Gx EM Internet at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Gx EM without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Invested in Gx EM Internet?

The danger of trading Gx EM Internet is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Gx EM is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Gx EM. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Gx EM Internet is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Continue to Investing Opportunities. Note that the Gx EM Internet information on this page should be used as a complementary analysis to other Gx EM's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

Complementary Tools for Gx EM Etf analysis

When running Gx EM Internet price analysis, check to measure Gx EM's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Gx EM is operating at the current time. Most of Gx EM's value examination focuses on studying past and present price action to predict the probability of Gx EM's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Gx EM's price. Additionally, you may evaluate how the addition of Gx EM to your portfolios can decrease your overall portfolio volatility.
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The market value of Gx EM Internet is measured differently than its book value, which is the value of Gx EM that is recorded on the company's balance sheet. Investors also form their own opinion of Gx EM's value that differs from its market value or its book value, called intrinsic value, which is Gx EM's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Gx EM's market value can be influenced by many factors that don't directly affect Gx EM's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Gx EM's value and its price as these two are different measures arrived at by different means. Investors typically determine Gx EM value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gx EM's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.