Gx MSCI Etf Profile

PGAL
 Etf
  

USD 10.06  0.13  1.31%   

Market Performance
0 of 100
Odds Of Distress
Over 72
Gx MSCI is selling for 10.06 as of the 26th of November 2022. This is a 1.31 percent increase since the beginning of the trading day. The etf's lowest day price was 10.06. Gx MSCI 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 MSCI Portugal are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of December 2020 and ending today, the 26th of November 2022. Click here to learn more.
The fund will invest at least 80 percent of its total assets in the securities of the underlying index and in American Depositary Receipts and Global Depositary Receipts based on the securities in the underlying index. Gx MSCI is traded on NYSEARCA Exchange in the United States. More on Gx MSCI Portugal

Gx MSCI 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 MSCI's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Gx MSCI or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Gx MSCI Portugal generated a negative expected return over the last 90 days
Gx MSCI Portugal has high likelihood to experience some financial distress in the next 2 years
Gx MSCI Portugal created five year return of -2.0%
This fund maintains 100.98% of its assets in stocks
Thematic IdeaBaby Boomer Prospects (view all)
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 MSCI's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong HoldFairly Valued
IssuerGlobal X
Inception Date2013-11-12
BenchmarkMSCI All Portugal Plus 25/50 Index
Entity TypeRegulated Investment Company
Asset Under Management15.13 Million
Average Trading Valume17,377.9
Asset TypeEquity
CategoryBroad Equity
FocusBroad Equity
Market ConcentrationDeveloped Markets
RegionEurope
AdministratorGlobal X Management Company LLC
AdvisorGlobal X Management Company LLC
CustodianBrown Brothers Harriman & Co.
DistributorSEI Investments Distribution Co.
Portfolio ManagerChang Kim, James Ong, Nam To
Transfer AgentBrown Brothers Harriman & Co.
Fiscal Year End30-Jun
ExchangeNYSE Arca, Inc.
Number of Constituents26.0
Market MakerSusquehanna
Total Expense0.58
Management Fee0.55
Nav Price9.52
Two Hundred Day Average10.26
Ytd-13.10%
Average Daily Volume In Three Month19.97k
Fifty Two Week Low8.35
As Of Date25th of October 2022
Average Daily Volume Last 10 Day4.58k
Fifty Two Week High11.59
One Month2.87%
Fifty Day Average9.3
Three Month-10.31%
Beta In Three Year1.19
Gx MSCI Portugal [PGAL] is traded in USA and was established 2013-11-12. The fund is listed under Miscellaneous Region category and is part of Global X Funds family. The entity is thematically classified as Baby Boomer Prospects. Gx MSCI Portugal at this time have 16.85 M in assets. , while the total return for the last 3 years was -1.17%.
Check Gx MSCI 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 MSCI 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 MSCI 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 MSCI Portugal 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 MSCI Portugal Currency Exposure (%)

Top Gx MSCI Portugal Constituents

Gx MSCI Target Price Odds Analysis

Based on a normal probability distribution, the odds of Gx MSCI jumping above the current price in 90 days from now is about 17.56%. The Gx MSCI Portugal probability density function shows the probability of Gx MSCI etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Gx MSCI has a beta of 0.9428 indicating Gx MSCI Portugal market returns are highly reactive to returns on the market. As the market goes up or down, Gx MSCI is expected to follow. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Gx MSCI Portugal is significantly underperforming DOW.
  Odds Below 10.06HorizonTargetOdds Above 10.06
82.30%90 days
 10.06 
17.56%
Based on a normal probability distribution, the odds of Gx MSCI to move above the current price in 90 days from now is about 17.56 (This Gx MSCI Portugal probability density function shows the probability of Gx MSCI Etf to fall within a particular range of prices over 90 days) .

Gx MSCI Major Institutional Holders

Institutional Holdings refers to the ownership stake in Gx MSCI that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Gx MSCI's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Gx MSCI's value.
InstituionSecurity TypeTotal SharesValue
Wells Fargo CompanyFund Units100.01000
View Gx MSCI Diagnostics

Gx MSCI Portugal Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Gx MSCI market risk premium is the additional return an investor will receive from holding Gx MSCI 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 MSCI. 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 MSCI's alpha and beta are two of the key measurements used to evaluate Gx MSCI's performance over the market, the standard measures of volatility play an important role as well.

Gx MSCI Against Markets

Picking the right benchmark for Gx MSCI 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 MSCI 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 MSCI is critical whether you are bullish or bearish towards Gx MSCI Portugal 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 MSCI 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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Analyst Recommendations

Analyst recommendations and target price estimates broken down by several categories
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Invested in Gx MSCI Portugal?

The danger of trading Gx MSCI Portugal 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 MSCI 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 MSCI. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Gx MSCI Portugal 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.
Please check Your Equity Center. Note that the Gx MSCI Portugal information on this page should be used as a complementary analysis to other Gx MSCI'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 Content Syndication module to quickly integrate customizable finance content to your own investment portal.

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When running Gx MSCI Portugal price analysis, check to measure Gx MSCI'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 MSCI is operating at the current time. Most of Gx MSCI's value examination focuses on studying past and present price action to predict the probability of Gx MSCI's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Gx MSCI's price. Additionally, you may evaluate how the addition of Gx MSCI to your portfolios can decrease your overall portfolio volatility.
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The market value of Gx MSCI Portugal is measured differently than its book value, which is the value of Gx MSCI that is recorded on the company's balance sheet. Investors also form their own opinion of Gx MSCI's value that differs from its market value or its book value, called intrinsic value, which is Gx MSCI'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 MSCI's market value can be influenced by many factors that don't directly affect Gx MSCI'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 MSCI's value and its price as these two are different measures arrived at by different means. Investors typically determine Gx MSCI value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gx MSCI'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.