Global X High Etf Net Asset
| CASH Etf | 50.00 0.01 0.02% |
As of the 14th of February 2026, GLOBAL X retains the mean deviation of 0.0127, and Risk Adjusted Performance of (0.08). GLOBAL X technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the entity's future prices.
GLOBAL X's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing GLOBAL X's valuation are provided below:GLOBAL X HIGH does not now have any fundamental trends for analysis. This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools. GLOBAL |
GLOBAL X 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to GLOBAL X's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of GLOBAL X.
| 11/16/2025 |
| 02/14/2026 |
If you would invest 0.00 in GLOBAL X on November 16, 2025 and sell it all today you would earn a total of 0.00 from holding GLOBAL X HIGH or generate 0.0% return on investment in GLOBAL X over 90 days. GLOBAL X is related to or competes with Vanguard FTSE, IShares ESG, Vanguard, Global X, Mackenzie Large, BMO Ultra, and BMO SPTSX. GLOBAL X is entity of Canada. It is traded as Etf on TO exchange. More
GLOBAL X Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure GLOBAL X's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess GLOBAL X HIGH upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (4.03) | |||
| Maximum Drawdown | 0.0804 | |||
| Value At Risk | (0.02) | |||
| Potential Upside | 0.0401 |
GLOBAL X Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for GLOBAL X's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as GLOBAL X's standard deviation. In reality, there are many statistical measures that can use GLOBAL X historical prices to predict the future GLOBAL X's volatility.GLOBAL X February 14, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.08) | |||
| Mean Deviation | 0.0127 | |||
| Coefficient Of Variation | 186.88 | |||
| Standard Deviation | 0.0153 | |||
| Variance | 2.0E-4 | |||
| Information Ratio | (4.03) | |||
| Total Risk Alpha | (0) | |||
| Maximum Drawdown | 0.0804 | |||
| Value At Risk | (0.02) | |||
| Potential Upside | 0.0401 | |||
| Skewness | 0.6401 | |||
| Kurtosis | 1.21 |
GLOBAL X HIGH Backtested Returns
As of now, GLOBAL Etf is very steady. GLOBAL X HIGH holds Efficiency (Sharpe) Ratio of 0.53, which attests that the entity had a 0.53 % return per unit of volatility over the last 3 months. We have found eighteen technical indicators for GLOBAL X HIGH, which you can use to evaluate the volatility of the entity. Please check out GLOBAL X's mean deviation of 0.0127, and Risk Adjusted Performance of (0.08) to validate if the risk estimate we provide is consistent with the expected return of 0.0081%. The etf retains a Market Volatility (i.e., Beta) of 0.0, which attests to not very significant fluctuations relative to the market. the returns on MARKET and GLOBAL X are completely uncorrelated.
Auto-correlation | 0.98 |
Excellent predictability
GLOBAL X HIGH has excellent predictability. Overlapping area represents the amount of predictability between GLOBAL X time series from 16th of November 2025 to 31st of December 2025 and 31st of December 2025 to 14th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of GLOBAL X HIGH price movement. The serial correlation of 0.98 indicates that 98.0% of current GLOBAL X price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.98 | |
| Spearman Rank Test | 0.99 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
| Competition |
Based on the recorded statements, GLOBAL X HIGH has a Net Asset of 0.0. This indicator is about the same for the average (which is currently at 0.0) family and about the same as Canadian Money Market (which currently averages 0.0) category. This indicator is about the same for all Canada etfs average (which is currently at 0.0).
GLOBAL Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses GLOBAL X's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of GLOBAL X could also be used in its relative valuation, which is a method of valuing GLOBAL X by comparing valuation metrics of similar companies.GLOBAL X is currently under evaluation in net asset as compared to similar ETFs.
GLOBAL Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining GLOBAL X's current stock value. Our valuation model uses many indicators to compare GLOBAL X value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across GLOBAL X competition to find correlations between indicators driving GLOBAL X's intrinsic value. More Info.GLOBAL X HIGH is the top ETF in one year return as compared to similar ETFs. It also is the top ETF in three year return as compared to similar ETFs reporting about 1.70 of Three Year Return per One Year Return. Comparative valuation analysis is a catch-all model that can be used if you cannot value GLOBAL X by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for GLOBAL X's Etf. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.GLOBAL Fundamentals
| One Year Return | 2.30 % | |||
| Three Year Return | 3.90 % |
About GLOBAL X Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze GLOBAL X HIGH's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of GLOBAL X using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of GLOBAL X HIGH based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with GLOBAL X
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if GLOBAL X position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in GLOBAL X will appreciate offsetting losses from the drop in the long position's value.Moving together with GLOBAL Etf
| 1.0 | PSA | Purpose High Interest | PairCorr |
| 0.91 | HSAV | Global X Cash | PairCorr |
| 0.98 | CMR | iShares Premium Money | PairCorr |
| 1.0 | CSAV | CI High Interest | PairCorr |
| 0.61 | HOU | BetaPro Crude Oil | PairCorr |
Moving against GLOBAL Etf
| 0.88 | HXD | BetaPro SPTSX 60 | PairCorr |
| 0.72 | HED | BetaPro SPTSX Capped | PairCorr |
| 0.63 | HIU | BetaPro SP 500 | PairCorr |
| 0.48 | HBLK | Blockchain Technologies | PairCorr |
The ability to find closely correlated positions to GLOBAL X could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace GLOBAL X when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back GLOBAL X - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling GLOBAL X HIGH to buy it.
The correlation of GLOBAL X is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as GLOBAL X moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if GLOBAL X HIGH moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for GLOBAL X can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in GLOBAL Etf
GLOBAL X financial ratios help investors to determine whether GLOBAL Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in GLOBAL with respect to the benefits of owning GLOBAL X security.