Is Global X SP 500 Covered 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 SP 500 Covered pays dividends. Last time was Monday 25th of November 2024 where the investors holding the stock on Monday 18th of November 2024 were paid $0.1407 per share. Over the last 49 times between 2020 and 2024, Global X SP 500 Covered has paid $7.10066 with an average of $0.14 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Global X SP 500 Covered 10 years ago, but if you had invested on Monday 21st of September 2020 when the price was $24.93, you would have made a profit of $7.76 per share or 31.13%
No, the average daily trading liquidity for Global X SP 500 Covered is $9 307 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 SP 500 Covered 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 SP 500 Covered 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.