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 Thursday 12th of September 2024 where the investors holding the stock on Thursday 5th of September 2024 were paid $0.143 per share. Over the last 50 times between 2020 and 2024, Global X Variable Rate has paid $6.43422 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 $-1.140 per share or -4.59%
Yes, the average daily trading liquidity for Global X Variable Rate is $50 900 thousand. You should therefore be able to get in and out of your positions relatively fast.
Global X Variable Rate has N/A of the business financed by loans. This puts the company at N/A risk in periods of high inflation where borrowing costs usually go up. With a N/A cash flow to debt ratio of 0, the company's ability to pay off the debt is N/A. 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 low [0 of 1]
US inflation for July 2024 was 0.15%. Over the last 12 months, the US inflation is 2.92%. The 10-year treasury yield that indicates the future interest level is currently 3.72 and is down -0.95 over the last 30 days.