Industry description
The investment seeks to achieve long-term capital growth.
The fund is an actively managed exchange traded fund (“ETF”) advised by Global X Management Company LLC (the “Adviser”) that seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets, plus any borrowings for investment purposes, measured at the time of purchase, in equity securities: (i) of issuers domiciled in India; and/or (ii) that are tied economically to India. The fund is non-diversified.
Market Cap
The average market capitalization across the Global X India Active ETF ETF is 91.07B. The market cap for tickers in the group ranges from 90.03B to 92.59B. IBN holds the highest valuation in this group at 92.59B. The lowest valued company is INFY at 90.03B.
High and low price notable news
The average weekly price growth across all stocks in the Global X India Active ETF ETF was 1%. For the same ETF, the average monthly price growth was 1%, and the average quarterly price growth was 35%. CLIP experienced the highest price growth at 0%, while INFY experienced the biggest fall at -0%.
Volume
The average weekly volume growth across all stocks in the Global X India Active ETF ETF was 35%. For the same stocks of the ETF, the average monthly volume growth was 56% and the average quarterly volume growth was 82%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 72
P/E Growth Rating: 72
Price Growth Rating: 64
SMR Rating: 33
Profit Risk Rating: 54
Seasonality Score: -29 (-100 ... +100)