(NDIA) Global X Funds - Ratings and Ratios

Exchange: NYSE ARCA • Country: USA • Currency: USD • Type: Etf • • India Equity

NDIA: India Stocks, Indian Equity, Asia Securities

The Global X MSCI India Nifty 50 Index ETF (NYSE ARCA: NDIA) is an actively managed exchange-traded fund (ETF) advised by Global X Management Company LLC. The fund seeks to achieve its investment objective by primarily investing in equity securities of issuers domiciled in India or economically tied to the country. Under normal circumstances, the fund allocates at least 80% of its net assets, plus any borrowings for investment purposes, to such securities. As a non-diversified fund, it may concentrate its investments in a limited number of securities. The fund provides exposure to large-cap companies in India, reflecting the performance of the MSCI India Index.

NDIA is listed on the NYSE ARCA exchange and is categorized under India Equity ETFs. With an average trading volume of 3,600 shares over the past 20 days, the fund currently has a last price of $26.53. Its technical indicators show a short-term moving average (SMA 20) of $26.68 and a medium-term SMA 50 of $27.51, while the long-term SMA 200 stands at $29.59. The Average True Range (ATR) is 0.33, indicating moderate price volatility. The fund has assets under management (AUM) of $21.70 million USD, making it a smaller ETF in its category.

3-Month Forecast:

Based on the provided and , the following forecast is outlined:

Short-term price action may remain range-bound between $26.00 and $28.00, with potential dips toward the SMA 50 at $27.51 acting as support. The ATR of 0.33 suggests limited volatility, with average daily price movements expected to stay within this range. If the SMA 20 ($26.68) crosses below the SMA 50 ($27.51), it could signal a bearish trend in the near term.

With AUM of $21.70 million USD, the funds liquidity remains moderate, which could lead to relatively stable trading volumes. However, the smaller AUM may result in higher sensitivity to market movements, potentially amplifying price changes in response to external factors such as geopolitical events or economic data releases in India.

Additional Sources for NDIA ETF

NDIA ETF Overview

Market Cap in USD 23m
Category India Equity
TER 0.76%
IPO / Inception 2023-08-17

NDIA ETF Ratings

Growth 5y 18.1%
Fundamental -
Dividend 49.3%
Rel. Strength Industry -12.4
Analysts -
Fair Price Momentum 22.71 USD
Fair Price DCF -

NDIA Dividends

Dividend Yield 12m 2.87%
Yield on Cost 5y 3.30%
Annual Growth 5y 262.46%
Payout Consistency 66.7%

NDIA Growth Ratios

Growth Correlation 3m -95.9%
Growth Correlation 12m -11.2%
Growth Correlation 5y 59.8%
CAGR 5y 5.50%
CAGR/Max DD 5y 0.27
Sharpe Ratio 12m 0.43
Alpha -10.60
Beta 0.30
Volatility 12.68%
Current Volume 29.1k
Average Volume 20d 3.6k
What is the price of NDIA stocks?
As of March 14, 2025, the stock is trading at USD 26.17 with a total of 29,147 shares traded.
Over the past week, the price has changed by -0.94%, over one month by -4.04%, over three months by -13.35% and over the past year by -5.18%.
Is Global X Funds a good stock to buy?
Neither. Based on ValueRay Analyses, Global X Funds is currently (March 2025) neither a good nor a bad stock to buy. It has a ValueRay Growth Rating of 18.14 and therefor a technical neutral rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of NDIA as of March 2025 is 22.71. This means that NDIA is currently overvalued and has a potential downside of -13.22%.
Is NDIA a buy, sell or hold?
Global X Funds has no consensus analysts rating.
What are the forecast for NDIA stock price target?
According to ValueRays Forecast Model, NDIA Global X Funds will be worth about 24.7 in March 2026. The stock is currently trading at 26.17. This means that the stock has a potential downside of -5.73%.
Issuer Forecast Upside
Wallstreet Target Price - -
Analysts Target Price - -
ValueRay Target Price 24.7 -5.7%