(HERO) Global X Video Games - Ratings and Ratios

The Global X Video Games & Esports ETF (NASDAQ:HERO) is designed to provide exposure to companies benefiting from the growing video game and esports industry. The fund invests at least 80% of its total assets in securities from its underlying index, including American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs). The underlying index tracks exchange-listed companies involved in video game development, esports platforms, and related hardware and software. As a non-diversified fund, it may concentrate its investments in a smaller number of securities, potentially increasing risk but also allowing for targeted exposure to the sector.

With a focus on the global video game and esports market, which has seen significant growth due to increasing consumer engagement and technological advancements, the ETF offers a way to invest in companies poised to benefit from this trend. The funds holdings may include game developers, esports leagues, streaming platforms, and hardware manufacturers. The ETF is listed on the NASDAQ under the ticker symbol HERO and falls under the Communications sector.

3-Month Forecast: Based on , the ETFs short-term outlook suggests potential volatility, with the 20-day SMA slightly above the last price (26.33 vs. 26.14), indicating a possible downtrend. The 50-day SMA at 24.83 and 200-day SMA at 22.99 show a broader uptrend, suggesting support at lower levels. ATR of 0.56 indicates moderate volatility. shows AUM at $107.99M, reflecting moderate liquidity. The next three months may see price fluctuations between $24 and $28, with potential resistance at $27 and support near $24.50.