Global X Funds Etf Statistic Functions Beta

TYLG Etf   34.72  0.14  0.40%   
This statistic functions module runs Beta function calculations across available data for Global X. This summary reflects computed indicators without forecasts. Select Time Period to start the analysis.

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The function did not generate any output. Please change time horizon or modify your input parameters. This analysis covers sixty 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

Technical analysis modules for Global X provide a systematic way to measure trend quality, exhaustion signals, and breakout potential. Review signals across different indicator categories to build a more complete picture before acting on any single reading.

Methodology, Assumptions & Data Sources

The chart shows how Global X's Statistic Functions has moved over time. Comparing against peers in the same sector adds useful context.

Unless otherwise specified, data for Global X Funds is compiled from fund disclosures and market reference feeds and standardized for comparability. Updates may occur throughout the day.

This content is curated and reviewed by:

Gabriel Shpitalnik - Member of Macroaxis Editorial Board
Last reviewed on March 17th, 2026