Is Global X Interest Rate stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Global X Interest Rate pays dividends. Last time was Thursday 1st of January 1970 where the investors holding the stock on Tuesday 5th of November 2024 were paid $0.02 per share. Over the last 25 times between 2022 and 2024, Global X Interest Rate has paid $1.5056 with an average of $0.06 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Global X Interest Rate 10 years ago, but if you had invested on Tuesday 21st of June 2022 when the price was $25.00, you would have made a profit of $5.13 per share or 20.52%
No, the average daily trading liquidity for Global X Interest Rate is $2 436 thousand. Trading in stocks with this little trading liquidity is very dangerous, and you can get into a situation where it will be hard to trade your stocks. In addition, these types of stocks usually have very high volatility.
Global X Interest Rate has no real debt, which is good in periods of high inflation. The company is still not profitable, and high inflation will make it harder to become profitable as costs increase and consumer spending decreases.
We have calculated the inflation risk for Global X Interest Rate to be medium [0.6 of 1]
US inflation for August 2024 was 0.19%. Over the last 12 months, the US inflation is 2.59%. The 10-year treasury yield that indicates the future interest level is currently 4.41 and is up 0.05 over the last 30 days.