Is Global X Variable 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 Variable Rate pays dividends. Last time was Wednesday 13th of November 2024 where the investors holding the stock on Tuesday 5th of November 2024 were paid $0.146 per share. Over the last 52 times between 2020 and 2024, Global X Variable Rate has paid $6.72522 with an average of $0.13 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Global X Variable Rate 10 years ago, but if you had invested on Wednesday 24th of June 2020 when the price was $24.83, you would have made a loss of $-0.910 per share or -3.67%
Yes, the average daily trading liquidity for Global X Variable Rate is $46 540 thousand. You should therefore be able to get in and out of your positions relatively fast.
Global X Variable 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 Variable 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.