Global X Enhanced Etf Market Value
| USSL Etf | 27.20 0.27 0.98% |
| Symbol | Global |
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 if Global X is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Conversely, Global X's market price signifies the transaction level at which participants voluntarily complete trades.
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.
| 12/04/2025 |
| 03/04/2026 |
If you would invest 0.00 in Global X on December 4, 2025 and sell it all today you would earn a total of 0.00 from holding Global X Enhanced or generate 0.0% return on investment in Global X over 90 days. Global X is related to or competes with IShares SPTSX, IShares Core, IShares Core, BMO Aggregate, IShares Canadian, BMO SPTSX, and BMO SP. 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 Enhanced upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 3.58 | |||
| Value At Risk | (1.40) | |||
| Potential Upside | 1.17 |
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.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.09) | |||
| Treynor Ratio | 0.8512 |
Global X March 4, 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 | (0.05) | |||
| Market Risk Adjusted Performance | 0.8612 | |||
| Mean Deviation | 0.4276 | |||
| Coefficient Of Variation | (1,598) | |||
| Standard Deviation | 0.7365 | |||
| Variance | 0.5424 | |||
| Information Ratio | (0.12) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.09) | |||
| Treynor Ratio | 0.8512 | |||
| Maximum Drawdown | 3.58 | |||
| Value At Risk | (1.40) | |||
| Potential Upside | 1.17 | |||
| Skewness | (0.27) | |||
| Kurtosis | 2.28 |
Global X Enhanced Backtested Returns
Global X Enhanced holds Efficiency (Sharpe) Ratio of -0.0674, which attests that the entity had a -0.0674 % return per unit of risk over the last 3 months. Global X Enhanced exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Global X's Standard Deviation of 0.7365, market risk adjusted performance of 0.8612, and Risk Adjusted Performance of (0.05) to validate the risk estimate we provide. The etf retains a Market Volatility (i.e., Beta) of -0.0659, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Global X are expected to decrease at a much lower rate. During the bear market, Global X is likely to outperform the market.
Auto-correlation | 0.10 |
Insignificant predictability
Global X Enhanced has insignificant predictability. Overlapping area represents the amount of predictability between Global X time series from 4th of December 2025 to 18th of January 2026 and 18th of January 2026 to 4th of March 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 Enhanced price movement. The serial correlation of 0.1 indicates that less than 10.0% of current Global X price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.1 | |
| Spearman Rank Test | -0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
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 against Global Etf
| 0.55 | HOU | BetaPro Crude Oil | PairCorr |
| 0.46 | FHE | First Trust Indxx | PairCorr |
| 0.39 | HQD | BetaPro NASDAQ 100 | 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 Enhanced 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 Enhanced 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.