GX Metaverse Etf Profile

VR
 Etf
  

USD 23.10  0.05  0.22%   

Market Performance
2 of 100
Odds Of Distress
Less than 41
GX Metaverse is selling at 23.10 as of the 11th of August 2022; that is 0.22 percent up since the beginning of the trading day. The etf's lowest day price was 23.1. GX Metaverse has about a 41 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for GX Metaverse ETF are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 13th of April 2022 and ending today, the 11th of August 2022. Click here to learn more.
The fund invests at least 80 percent of its net assets, plus the amount of any borrowings for investment purposes, in the securities of the index and in American Depositary Receipts and Global Depositary Receipts based on the securities in the index. The index is designed to provide exposure to companies that are positioned to benefit from the development and commercialization of the metaverse. The company has 81.4 M outstanding shares of which 2.36 M shares are at this time sold short in the market by investors with about 4.35 days to cover all shorted shares. More on GX Metaverse ETF

Moving together with GX Metaverse

0.77DISWalt Disney Upward RallyPairCorr
0.64HPQHP Inc Fiscal Year End 22nd of November 2022 PairCorr

GX Metaverse 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. If you consider yourself one of those investors, make sure you clearly understand your entering position. GX Metaverse's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding GX Metaverse or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
The company generated the yearly revenue of 2.83 B. Annual Net Loss to common stockholders was (162.12 M) with gross profit of 33.26 M.
GX Metaverse ETF reports about 10.14 B in cash with (2.13 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 127.88, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
On 8th of July 2022 GX Metaverse paid $ 0.3831 per share dividend to its current shareholders
The fund keeps 99.77% of its net assets in stocks
CEO - Talbot Underwriting LtdPeter Bilsby
Thematic IdeaMillennials Best (view all)
Average Analyst Recommendation
Analysts covering GX Metaverse report their recommendations after researching GX Metaverse's financial statements, talking to executives and customers, or listening in on GX Metaverse's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering GX Metaverse ETF. The GX Metaverse consensus assessment is calculated by taking the average forecast from all of the analysts covering GX Metaverse.
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 Metaverse's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong SellUndervalued
IssuerGlobal X
DescriptionGlobal X Metaverse ETF
Inception Date2022-04-26
BenchmarkGlobal X Metaverse Index
Entity TypeRegulated Investment Company
Asset Under Management2.25 Million
Asset TypeEquity
CategoryStrategy
FocusTheme
Market ConcentrationBlended Development
RegionGlobal
AdministratorGlobal X Management Company LLC
AdvisorGlobal X Management Company LLC
CustodianBrown Brothers Harriman & Co.
DistributorSEI Investments Distribution Co.
Portfolio ManagerNam To, Wayne Xie, Kimberly Chan, Vanessa Yang, William Helm, Sandy Lu
Transfer AgentBrown Brothers Harriman & Co.
Fiscal Year End30-Nov
ExchangeNASDAQ
Number of Constituents43.0
Market MakerSusquehanna
Total Expense0.5
Management Fee0.5
Nav Price21.72
Two Hundred Day Average22.25
Average Daily Volume In Three Month1.04k
Fifty Two Week Low20.38
As Of Date22nd of July 2022
Average Daily Volume Last 10 Day1k
Fifty Two Week High24.93
One Month4.33%
Fifty Day Average21.87
GX Metaverse ETF [VR] is traded in USA and was set up on 2022-04-26. The fund is currently listed under Technology category as part of Global X Funds family of funds. The entity is thematically classified as Millennials Best. GX Metaverse ETF at this time have 2.03 M in net assets. GX Metaverse ETF reports about 10.14 B in cash with (2.13 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 127.88, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check GX Metaverse 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 Metaverse 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 Metaverse 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 Metaverse ETF 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 Metaverse ETF Currency Exposure (%)

GX Metaverse Target Price Odds Analysis

What are GX Metaverse's target price odds to finish over the current price? In regard to a normal probability distribution, the odds of GX Metaverse jumping above the current price in 90 days from now is about 8.18%. The GX Metaverse ETF probability density function shows the probability of GX Metaverse etf to fall within a particular range of prices over 90 days. Allowing for the 90-day total investment horizon GX Metaverse has a beta of 0.1389. This entails as returns on the market go up, GX Metaverse average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding GX Metaverse ETF will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. GX Metaverse ETF is significantly underperforming DOW.
  Odds Below 23.1HorizonTargetOdds Above 23.1
91.71%90 days
 23.10 
8.18%
Based on a normal probability distribution, the odds of GX Metaverse to move above the current price in 90 days from now is about 8.18 (This GX Metaverse ETF probability density function shows the probability of GX Metaverse Etf to fall within a particular range of prices over 90 days) .

GX Metaverse Top Holders

GX Metaverse Major Institutional Holders

Institutional Holdings refers to the ownership stake in GX Metaverse that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of GX Metaverse'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 Metaverse's value.
InstituionSecurity TypeTotal SharesValue
Concourse Financial Group Securities IncFund Units0.00.0
View GX Metaverse Diagnostics

GX Metaverse ETF Risk Profiles

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

GX Metaverse ETF Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. GX Metaverse ETF Sinh Values Of Price Series is a hyperbolic price transformation function.
.

GX Metaverse Against Markets

Picking the right benchmark for GX Metaverse 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 Metaverse 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 Metaverse is critical whether you are bullish or bearish towards GX Metaverse ETF 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 Metaverse without increasing your portfolio risk or giving up 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.

Did you try this?

Run Balance Of Power Now

   

Balance Of Power

Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
All  Next Launch Module

Invested in GX Metaverse ETF?

You need to understand the risk of investing before taking a position in GX Metaverse. The danger of trading GX Metaverse ETF 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 Metaverse 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 Metaverse. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile GX Metaverse ETF 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. Note that the GX Metaverse ETF information on this page should be used as a complementary analysis to other GX Metaverse'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 Analyst Recommendations module to analyst recommendations and target price estimates broken down by several categories.

Complementary Tools for GX Metaverse Etf analysis

When running GX Metaverse ETF price analysis, check to measure GX Metaverse'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 Metaverse is operating at the current time. Most of GX Metaverse's value examination focuses on studying past and present price action to predict the probability of GX Metaverse's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move GX Metaverse's price. Additionally, you may evaluate how the addition of GX Metaverse to your portfolios can decrease your overall portfolio volatility.
Stock Screener
Find equities using custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Go
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Go
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Go
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Go
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Go
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Go
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Go
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Go
The market value of GX Metaverse ETF is measured differently than its book value, which is the value of GX Metaverse that is recorded on the company's balance sheet. Investors also form their own opinion of GX Metaverse's value that differs from its market value or its book value, called intrinsic value, which is GX Metaverse'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 Metaverse's market value can be influenced by many factors that don't directly affect GX Metaverse'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 Metaverse's value and its price as these two are different measures arrived at by different means. Investors typically determine GX Metaverse value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GX Metaverse'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.