Global Etf Profile

URA
 Etf
  

USD 21.49  1.05  5.14%   

Market Performance
0 of 100
Odds Of Distress
Less than 30
Global X is trading at 21.49 as of the 1st of December 2022, a 5.14 percent increase since the beginning of the trading day. The etf's open price was 20.44. Global X has about a 30 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Global X Uranium are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of November 2022 and ending today, the 1st of December 2022. Click here to learn more.
The fund invests 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 Uranium is traded on NYSEARCA Exchange in the United States. More on Global X Uranium

Moving together with Global X

+0.72SPYSPDR SP 500 TrendingPairCorr

Global X 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. Global X's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Global X or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Global X Uranium generated a negative expected return over the last 90 days
The fund generated-4.0 ten year return of -4.0%
Global X Uranium keeps 99.75% of its net assets in stocks
Thematic IdeaAlternative Energy (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 Global X's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Cautious HoldFairly Valued
IssuerGlobal X
Inception Date2010-11-04
BenchmarkSolactive Global Uranium Index
Entity TypeRegulated Investment Company
Asset Under Management1.59 Billion
Average Trading Valume1.45 Million
Asset TypeEquity
CategorySector
FocusEnergy
Market ConcentrationBlended Development
RegionGlobal
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 End31-Dec
ExchangeNYSE Arca, Inc.
Number of Constituents55.0
Market MakerVirtu Financial
Total Expense0.69
Management Fee0.69
Nav Price20.92
Two Hundred Day Average21.85
Ytd-9.99%
Average Daily Volume In Three Month2.3M
Fifty Two Week Low17.65
As Of Date25th of October 2022
Average Daily Volume Last 10 Day1.34M
Fifty Two Week High28.49
One Month4.18%
Fifty Day Average20.43
Three Month4.08%
Beta In Three Year1.25
Global X Uranium [URA] is traded in USA and was established 2010-11-04. The fund is classified under Natural Resources category within Global X Funds family. The entity is thematically classified as Alternative Energy. Global X Uranium at this time have 1.53 B in net assets. , while the total return for the last 3 years was 26.62%.
Check Global X 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 Global Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Global 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 Global X Uranium 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.

Global X Uranium Currency Exposure (%)

Top Global X Uranium Constituents

Global X Target Price Odds Analysis

What are Global X's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Global X jumping above the current price in 90 days from now is about 33.94%. The Global X Uranium probability density function shows the probability of Global X etf to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the etf has a beta coefficient of 1.4935. This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Global X will likely underperform. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Global X Uranium is significantly underperforming NYSE Composite.
  Odds Below 21.49HorizonTargetOdds Above 21.49
65.87%90 days
 21.49 
33.94%
Based on a normal probability distribution, the odds of Global X to move above the current price in 90 days from now is about 33.94 (This Global X Uranium probability density function shows the probability of Global Etf to fall within a particular range of prices over 90 days) .

Global X Uranium Risk Profiles

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

Global X Against Markets

Picking the right benchmark for Global X 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 Global X 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 Global X is critical whether you are bullish or bearish towards Global X Uranium at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Global X 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 Global X Uranium?

The danger of trading Global X Uranium 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 Global X 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 Global X. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Global X Uranium 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.
Also, please take a look at World Market Map. You can also try Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

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