Global X Funds Etf Statistic Functions Beta

Etfs . USA . 
Etf . Global X Funds
EGLE Etf  USD 27.96  -0.04  -0.14%   
Use the statistic functions workspace to apply Beta function and other studies to Global X. Signals here center on statistical functions describing dispersion and variability alongside volatility and performance references.Provide Time Period to run the technical study.

This analysis covers thirty-seven data points across the selected time horizon. The Beta measures systematic risk based on how returns on Global X Funds correlated with the market. If Beta is less than 0 Global X generally moves in the opposite direction as compared to the market. If Global X Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Global X Funds is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Global X is generally in the same direction as the market. If Beta > 1 Global X moves generally in the same direction as, but more than the movement of the benchmark.

Global X Technical Analysis Modules

Most technical analysis of Global X help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Global from various momentum indicators to cycle indicators. When you analyze Global charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Cycle Indicators
Math Operators
Math Transform
Momentum Indicators
Overlap Studies
Pattern Recognition
Price Transform
Statistic Functions
Volatility Indicators
Volume Indicators

Etf Overview, Methodology & Data Sources

Downside profile and drawdown behavior are read alongside tracking stability. Downside movements have historically remained relatively contained.

Methodology

Unless otherwise specified, data for Global X Funds is derived from fund disclosures (prospectus language, holdings reports, and periodic statements where available). Asset-level metrics are computed daily by Macroaxis LLC and refreshed regularly based on instrument type. Global X Funds market data and reported NAV may reflect delayed updates. Data may be delayed depending on reporting sources and market conventions. Global X Funds may trade at a premium or discount to its reported net asset value (NAV) depending on intraday supply, demand, and underlying basket liquidity. Assumptions: We primarily rely on public fund disclosures, holdings reports, and market data feeds, including disclosures published by U.S. Securities and Exchange Commission (SEC) via EDGAR. Data is normalized for analytical consistency across reporting formats. All analytics are generated using standardized, rules-based models designed to promote consistency and comparability across instruments. Model assumptions, reference parameters, and selected computational inputs are available in the Model Inputs section. If you have questions about our data sources or methodology, please contact Macroaxis Support.

Research Sources

Global X Funds may have reference inputs that incorporate holdings disclosures, category classification, and NAV-derived statistics where available. Updates may occur throughout the day.

This content is curated and reviewed by:

Gabriel Shpitalnik - Member of Macroaxis Editorial Board
Last reviewed on March 7th, 2026

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Global X in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Global X's short interest history, or implied volatility extrapolated from Global X options trading.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
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More Resources for Global Etf Analysis

Understanding Global X Funds typically begins with financial statements and long-term trend review. Global X's financial ratios translate raw accounting data into comparable profitability and efficiency signals. Selected reports below provide context for Global Etf:
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Global X has a market cap of 693.16 M, operating margin of 19.46%, ROE of 3.2%. See Investing Opportunities for portfolio-level analysis. This suggests a position in Global X Funds inside the allocation mix. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in state.
With Global X showing P/E 2.55 and ROE 3.2%, investors get more value when this analysis is combined with the diversification and construction tools below. That valuation within Industrials invites comparison with Marine Shipping peers using the tools below to judge whether the multiple is justified. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Market capitalization and book value offer complementary views of Global X Funds - the first driven by investor sentiment, the second by accounting standards. Global X's market capitalization is 693.16 M. Global X P/B of 1.15 shows the market assigns a modest premium over accounting equity. Enterprise value stands at 1.07 B. Intrinsic value represents an estimate of underlying worth and can differ from both market price and book value. Valuation methods compare these perspectives to frame context.
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Note that Global X's intrinsic value and market price are different measures derived from different inputs. For Global X, key inputs include a P/E ratio of 2.55, a P/B ratio of 1.15, a profit margin of 5.77%, and ROE of 3.2%. Where Global X trades at any moment depends on the balance of buying and selling pressure.
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