Is Global X SP 500 Daily 1x stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
We cannot find any recorded dividends paid in our systems.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Global X SP 500 Daily 1x 10 years ago, but if you had invested on Friday 22nd of November 2019 when the price was HKD10.10, you would have made a loss of HKD-3.50 per share or -34.65%
We do not have enough data to give you this answer.
Global X SP 500 Daily 1x 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 Daily 1x 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.