NORW 📈 Global X MSCI Norway - Overview

Exchange: NYSE ARCA • Country: USA • Currency: USD • Type: Etf • ISIN: US37950E1010 • Miscellaneous Region

NORW: Oil, Natural Gas, Fishing, Shipping, Energy

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 represent the performance of the broad Norway equity universe. The fund is non-diversified. ‣ Company URL: http://www.globalxfunds.com ‣ Domicile: United States

Additional Sources for NORW ETF

NORW ETF Overview

Market Cap in USD 48m
Category Miscellaneous Region
TER 0.51%
IPO / Inception 2010-11-09

NORW ETF Ratings

Growth 5y 28.3%
Fundamental -
Dividend 72.9%
Rel. Strength Industry -109
Analysts -
Fair Price Momentum 21.50 USD
Fair Price DCF -

NORW Dividends

Dividend Yield 12m 5.46%
Yield on Cost 5y 7.02%
Annual Growth 5y 19.97%
Payout Consistency 84.9%

NORW Growth Ratios

Growth Correlation 3m -78.2%
Growth Correlation 12m 54.2%
Growth Correlation 5y 27.5%
CAGR 5y 5.12%
CAGR/Mean DD 5y 0.42
Sharpe Ratio 12m -0.29
Alpha -26.98
Beta 0.88
Volatility 20.23%
Current Volume 2.1k
Average Volume 20d 5.9k
What is the price of NORW stocks?
As of December 27, 2024, the stock is trading at USD 23.95 with a total of 2,100 shares traded.
Over the past week, the price has changed by +1.91%, over one month by -4.01%, over three months by -6.08% and over the past year by -2.55%.
Is Global X MSCI Norway a good stock to buy?
Neither. Based on ValueRay Analyses, Global X MSCI Norway is currently (December 2024) neither a good nor a bad stock to buy. It has a ValueRay Growth Rating of 28.26 and therefor a technical neutral rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of NORW as of December 2024 is 21.50. This means that NORW is currently overvalued and has a potential downside of -10.23%.
Is NORW a buy, sell or hold?
Global X MSCI Norway has no consensus analysts rating.
What are the forecast for NORW stock price target?
According to ValueRays Forecast Model, NORW Global X MSCI Norway will be worth about 23.8 in December 2025. The stock is currently trading at 23.95. This means that the stock has a potential downside of -0.58%.
Issuer Forecast Upside
Wallstreet Target Price - -
Analysts Target Price - -
ValueRay Target Price 23.8 -0.6%