(DJIA) Global X Dow 30 Covered Call - Ratings and Ratios
Exchange: NYSE ARCA • Country: USA • Currency: USD • Type: Etf • ISIN: US37960A8595 • Derivative Income
DJIA: Stocks, Options
The index measures the performance of a covered call strategy that holds a theoretical portfolio of the underlying stocks of the Dow Jones Industrial Average® (the reference index) and writes (or sells) a succession of one-month at-the-money ('ATM') covered call options on the Reference Index. The fund invests in the securities reflected in the index, and cannot invest directly in the index itself. The fund is non-diversified.
Additional Sources for DJIA ETF
News:
Wall Street Journal
Benzinga
Yahoo Finance
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
DJIA ETF Overview
Market Cap in USD | 106m |
Category | Derivative Income |
TER | 0.60% |
IPO / Inception | 2022-02-23 |
DJIA ETF Ratings
Growth 5y | 60.3% |
Fundamental | - |
Dividend | 74.2% |
Rel. Strength Industry | -40.1 |
Analysts | - |
Fair Price Momentum | 24.41 USD |
Fair Price DCF | - |
DJIA Dividends
Dividend Yield 12m | 10.84% |
Yield on Cost 5y | 13.50% |
Annual Growth 5y | 9.00% |
Payout Consistency | 93.8% |
DJIA Growth Ratios
Growth Correlation 3m | 73.6% |
Growth Correlation 12m | 90% |
Growth Correlation 5y | 83.9% |
CAGR 5y | 7.85% |
CAGR/Mean DD 5y | 1.90 |
Sharpe Ratio 12m | 1.29 |
Alpha | 0.93 |
Beta | 0.48 |
Volatility | 9.87% |
Current Volume | 182.8k |
Average Volume 20d | 62.1k |
What is the price of DJIA stocks?
As of January 22, 2025, the stock is trading at USD 22.85 with a total of 182,800 shares traded.
Over the past week, the price has changed by +2.11%, over one month by +2.39%, over three months by +5.56% and over the past year by +15.78%.
As of January 22, 2025, the stock is trading at USD 22.85 with a total of 182,800 shares traded.
Over the past week, the price has changed by +2.11%, over one month by +2.39%, over three months by +5.56% and over the past year by +15.78%.
Is Global X Dow 30 Covered Call a good stock to buy?
Yes. Based on ValueRay Analyses, Global X Dow 30 Covered Call (NYSE ARCA:DJIA) is currently (January 2025) a good stock to buy. It has a ValueRay Growth Rating of 60.28 and therefor a clear technical positive rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of DJIA as of January 2025 is 24.41. This means that DJIA is currently overvalued and has a potential downside of 6.83%.
Yes. Based on ValueRay Analyses, Global X Dow 30 Covered Call (NYSE ARCA:DJIA) is currently (January 2025) a good stock to buy. It has a ValueRay Growth Rating of 60.28 and therefor a clear technical positive rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of DJIA as of January 2025 is 24.41. This means that DJIA is currently overvalued and has a potential downside of 6.83%.
Is DJIA a buy, sell or hold?
Global X Dow 30 Covered Call has no consensus analysts rating.
Global X Dow 30 Covered Call has no consensus analysts rating.
What are the forecast for DJIA stock price target?
According to ValueRays Forecast Model, DJIA Global X Dow 30 Covered Call will be worth about 26.7 in January 2026. The stock is currently trading at 22.85. This means that the stock has a potential upside of +16.72%.
According to ValueRays Forecast Model, DJIA Global X Dow 30 Covered Call will be worth about 26.7 in January 2026. The stock is currently trading at 22.85. This means that the stock has a potential upside of +16.72%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | - | - |
Analysts Target Price | - | - |
ValueRay Target Price | 26.7 | 16.7% |