Global Etf Buy Hold or Sell Recommendation

URA
 Etf
  

USD 21.49  1.05  5.14%   

Considering the 90-day investment horizon and your typical level of risk aversion, our recommendation regarding Global X Uranium is 'Cautious Hold'. Macroaxis provides Global X 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's available fundamental, technical, and predictive indicators you will find on this site.
  
The advice is provided from Global X's buy-and-hold perspective. Also, please take a look at Global X Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. We conduct extensive research on individual funds such as Global and provide practical buy, sell, or hold recommendation based on selected investing horizon and risk tolerance towards Global X Uranium.

Execute Global X Buy or Sell Advice

The Global recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Global X Uranium. Macroaxis does not own or have any residual interests in Global X Uranium or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Global X's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Global XBuy Global X
Cautious Hold

Volatility

Details

Hype Condition

Details

Current Valuation

Details

Odds of Distress

Details

Economic Sensitivity

Details

Analyst Consensus

Not Available
Details
For the selected time horizon Global X Uranium has a Mean Deviation of 2.27, Standard Deviation of 2.78 and Variance of 7.72
Our trade recommendations module complements current analysts and expert consensus on Global X Uranium. It analyzes the etf potential to grow using all fundamental, technical, and market related data available at the time. Please utilize Global X Uranium price to book, one year return, as well as the relationship between the One Year Return and net asset to make buy, hold, or sell decision on Global X.

Global X Trading Alerts and Improvement Suggestions

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

Global X Returns Distribution Density

The distribution of Global X's historical returns is an attempt to chart the uncertainty of Global X's future price movements. The chart of the probability distribution of Global X stock daily returns describes the distribution of returns around its average expected value. We use Global X Uranium price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Global X returns is essential to provide solid investment advice for Global X.
Mean Return-0.09Value At Risk-4.58
Potential Upside4.21Standard Deviation2.78
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Global X historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Global X Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Global X or Global X Funds sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Global X's price will be affected by overall etf market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Global etf's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite
-0.2
β
Beta against NYSE Composite1.49
σ
Overall volatility
2.81
Ir
Information ratio -0.06

Global X Volatility Alert

Global X Uranium exhibits very low volatility with skewness of -0.06 and kurtosis of -0.57. However, we advise investors to further study Global X Uranium technical indicators to ensure that all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Global X's etf risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Global X's etf price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Global X Implied Volatility

Global X's implied volatility exposes the market's sentiment of Global X Uranium stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Global X's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Global X stock will not fluctuate a lot when Global X's options are near their expiration.

Global X Fundamentals Vs Peers

Comparing Global X's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Global X's direct or indirect competition across all of the common fundamentals between Global X and the related equities. This way, we can detect undervalued stocks with similar characteristics as Global X or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of Global X's fundamental indicators could also be used in its relative valuation, which is a method of valuing Global X by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Global X to competition
FundamentalsGlobal XPeer Average
Price to Earning12.48 X3.15 X
Price to Book0.96 X0.39 X
Price to Sales1.12 X0.33 X
One Year Return(24.90) %(0.97) %
Three Year Return26.62 %3.23 %
Five Year Return13.19 %1.12 %
Ten Year Return(4.31) %1.20 %
Net Asset1.53 B2.29 B
Last Dividend Paid0.160.14
Equity Positions Weight99.75 %52.82 %

Global X Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Global . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Global X Buy or Sell Advice

When is the right time to buy or sell Global X Uranium? Buying financial instruments such as Global Etf isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Global X in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Marketing Thematic Idea Now

Marketing
Marketing Theme
Companies providing marketing and public relation (PR) services as well as news and media distribution. The Marketing theme has 40 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Marketing Theme or any other thematic opportunities.
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Also, please take a look at Global X Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try Watchlist Optimization module to optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm.

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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.