Clough Global Opportunities Etf Profile

XGLOX Etf  USD 6.16  0.01  0.16%   

Performance

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Clough Global is trading at 6.16 as of the 28th of March 2024; that is 0.16 percent increase since the beginning of the trading day. The etf's open price was 6.15. Clough Global has 50 percent odds of going through some form of financial distress in the next two years but had a very good returns during the last 90 days. Equity ratings for Clough Global Opportunities are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.

Clough 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. Clough Global's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Clough Global or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
President CEO, TrusteeEdmund Burke
Business ConcentrationTactical Allocation, null, null (View all Sectors)
Update Date31st of March 2024
Prev Close Price6.14
Country NameUSA
CodeXGLOX
NameClough Global Opportunities Fund
Currency NameUS Dollar
Currency CodeUSD
Open FigiBBG000R3T8W9
TypeFUND
Expense Ratio3.42
Clough Global Opportunities [XGLOX] is traded in USA and was established null. The fund is listed under null category and is part of null family. Clough Global Opport at this time have in net assets.
Check Clough Global Probability Of Bankruptcy

Clough Global Target Price Odds Analysis

Based on a normal probability distribution, the odds of Clough Global jumping above the current price in 90 days from now is roughly 2.28%. The Clough Global Opportunities probability density function shows the probability of Clough Global etf to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Clough Global has a beta of 0.7164. This entails as returns on the market go up, Clough Global average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Clough Global Opportunities will be expected to be much smaller as well. Additionally, clough Global Opportunities has an alpha of 0.0207, implying that it can generate a 0.0207 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 6.16HorizonTargetOdds Above 6.16
97.66%90 days
 6.16 
2.28%
Based on a normal probability distribution, the odds of Clough Global to move above the current price in 90 days from now is roughly 2.28 (This Clough Global Opportunities probability density function shows the probability of Clough Etf to fall within a particular range of prices over 90 days) .

Clough Global Opport Risk Profiles

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

Clough Global Opport Technical Analysis

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

Clough Global Against Markets

Picking the right benchmark for Clough Global 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 Clough Global 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 Clough Global is critical whether you are bullish or bearish towards Clough Global Opportunities at a given time. Please also check how Clough Global's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Clough Global 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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How to buy Clough Etf?

Before investing in Clough Global, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Clough Global. To buy Clough Global etf, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Clough Global. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Clough Global etf. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Clough Global Opportunities etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Clough Global Opportunities etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as Clough Global Opportunities, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in Clough Global Opportunities?

The danger of trading Clough Global Opportunities 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 Clough Global 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 Clough Global. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Clough Global Opport 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.
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Clough Global Opportunities. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

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