NDIA 📈 Global X Funds - Overview
Exchange: NYSE ARCA • Country: USA • Currency: USD • Type: Etf • • India Equity
NDIA: India Stocks, Indian Equity, Asia Securities
The fund is an actively managed exchange traded fund ('ETF') advised by Global X Management Company LLC (the 'Adviser') that seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets, plus any borrowings for investment purposes, measured at the time of purchase, in equity securities: (i) of issuers domiciled in India; and/or (ii) that are tied economically to India. The fund is non-diversified.
Additional Sources for NDIA ETF
News:
Wall Street Journal
Benzinga
Yahoo Finance
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
NDIA ETF Overview
| Market Cap in USD | 26m |
| Category | India Equity |
| TER | 0.76% |
| IPO / Inception | 2023-08-17 |
NDIA ETF Ratings
| Growth 5y | 66.9% |
| Fundamental | - |
| Dividend | 5.50% |
| Rel. Strength Industry | -71.9 |
| Analysts | - |
| Fair Price Momentum | 26.97 USD |
| Fair Price DCF | - |
NDIA Dividends
| Dividend Yield 12m | 0.00% |
| Yield on Cost 5y | % |
| Annual Growth 5y | -100.00% |
| Payout Consistency | 100.0% |
NDIA Growth Ratios
| Growth Correlation 3m | -58.5% |
| Growth Correlation 12m | 75.2% |
| Growth Correlation 5y | 89.5% |
| CAGR 5y | 15.07% |
| CAGR/Mean DD 5y | 6.22 |
| Sharpe Ratio 12m | 0.23 |
| Alpha | -7.45 |
| Beta | 0.42 |
| Volatility | 12.28% |
| Current Volume | 0.5k |
| Average Volume 20d | 5.4k |
What is the price of NDIA stocks?
As of December 27, 2024, the stock is trading at USD 30.20 with a total of 467 shares traded.
Over the past week, the price has changed by -0.60%, over one month by -2.66%, over three months by -10.01% and over the past year by +7.88%.
As of December 27, 2024, the stock is trading at USD 30.20 with a total of 467 shares traded.
Over the past week, the price has changed by -0.60%, over one month by -2.66%, over three months by -10.01% and over the past year by +7.88%.
Is Global X Funds a good stock to buy?
Yes. Based on ValueRay Analyses, Global X Funds (NYSE ARCA:NDIA) is currently (December 2024) a good stock to buy. It has a ValueRay Growth Rating of 66.93 and therefor a clear technical positive rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of NDIA as of December 2024 is 26.97. This means that NDIA is currently overvalued and has a potential downside of -10.7%.
Yes. Based on ValueRay Analyses, Global X Funds (NYSE ARCA:NDIA) is currently (December 2024) a good stock to buy. It has a ValueRay Growth Rating of 66.93 and therefor a clear technical positive rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of NDIA as of December 2024 is 26.97. This means that NDIA is currently overvalued and has a potential downside of -10.7%.
Is NDIA a buy, sell or hold?
Global X Funds has no consensus analysts rating.
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 29.5 in December 2025. The stock is currently trading at 30.20. This means that the stock has a potential downside of -2.48%.
According to ValueRays Forecast Model, NDIA Global X Funds will be worth about 29.5 in December 2025. The stock is currently trading at 30.20. This means that the stock has a potential downside of -2.48%.
| Issuer | Forecast | Upside |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 29.5 | -2.5% |