ducovest

LIT:NYE-Global X Lithium & Battery Tech ETF (USD)

ETF | Natural Resources |

Last Closing

USD 42.86

Change

0.00 (0.00)%

Market Cap

USD 1.28B

Volume

0.41M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The fund invests at least 80% of its total assets in the securities of the underlying index and in American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs) based on the securities in the underlying index. The underlying index is designed to measure broad-based equity market performance of global companies involved in the lithium industry. The fund is non-diversified.

Company Website : http://www.globalxfunds.com

Currency: USD

Country : USA

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-10-20 )

Largest Industry Peers for Natural Resources

Symbol Name Price(Change) Market Cap
XLB Materials Select Sector SPDR®..

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GUNR FlexShares Morningstar Global ..

N/A

 USD 5.79B
URA Global X Uranium ETF

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 USD 3.91B
GNR SPDR® S&P Global Natural Reso..

N/A

 USD 3.23B
COPX Global X Copper Miners ETF

N/A

 USD 2.65B
RTM Invesco S&P 500® Equal Weight..

N/A

 USD 0.28B
HAP VanEck Natural Resources ETF

N/A

 USD 0.14B
VEGI iShares MSCI Global Agricultur..

N/A

 USD 0.10B
BATT Amplify Lithium & Battery Tech..

N/A

 USD 0.07B
FMAT Fidelity® MSCI Materials Inde..

N/A

 N/A

ETFs Containing LIT

GXTG Global X Thematic Growth .. 0.00 % 0.00 %

N/A

 USD 0.02B

Market Performance

  Market Performance vs. Industry/Classification (Natural Resources) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 68.28% 89% A- 91% A-
Dividend Return N/A N/A N/A N/A N/A
Total Return 68.28% 89% A- 91% A-
Trailing 12 Months  
Capital Gain 75.05% 89% A- 89% A-
Dividend Return N/A N/A N/A N/A N/A
Total Return 75.05% 89% A- 89% A-
Trailing 5 Years  
Capital Gain 251.60% 89% A- 92% A
Dividend Return N/A N/A N/A N/A N/A
Total Return 251.60% 89% A- 92% A
Average Annual (5 Year Horizon)  
Capital Gain 25.20% 79% B- 86% B+
Dividend Return 25.83% 79% B- 85% B
Total Return 0.63% 5% F 15% F
Risk Return Profile  
Volatility (Standard Deviation) 64.22% 11% F 13% F
Risk Adjusted Return 40.22% 16% F 57% F
Market Capitalization 1.28B 50% F 61% D-

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters than its peers, placing it in the top quartile.

Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Underpriced on free cash flow basis

The stock is trading low compared to its peers on a price to free cash flow basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.