RATE

Global X Interest Rate Hedge ETF [RATE] Stock Forecast

Buy or Sell ? Support and Resistance

What is MACD and how to read it?

How RSI can help?
RSI : 000

RATE Stock Summary

Top 10 Correlated ETFs

RATE


Top 10 Correlated Stocks

RATE


In the News

08:00 10 Jun 2023 RATE

JBBB: BBB CLO ETF, Low Interest Rate Risk, Growing 7.1% Yield

JBBB offers a strong and growing 7.1% yield, making it an attractive income investment option. JBBB has low interest rate risk and below-average credit risk, providing a good risk-return profile for investors. The fund compares favorably to its peers in terms of yield, credit risk, and interest rate risk, making it a solid buy.

04:53 10 Jun 2023 RATE

Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF: It's Seatbelt Time

Rotating towards defensive sectors when the S&P VIX Index is low and rotating to cyclicals when the VIX is high has the potential to generate long-term alpha. Market internals are not healthy and market participants are too complacent. Invesco S&P 500® ex-Rate Sensitive Low Volatility ETF has some useful qualities which could come in handy if there's an accident.

09:42 10 Jun 2023 RATE

Floating Rate Treasury ETF Up $10 Billion in a Year

Investors and advisors know by now that fixed income is back. Yields have risen to places they haven't been in a long time.

12:07 10 Jun 2023 RATE

Dollar Recovers, Fed Rate Hike Bets And Treasury Yields Rise As New York Manufacturing Activity Sharply Improves in April - Invesco DB USD Index Bullish Fund ETF (ARCA:UUP)

The U.S. dollar and Treasury bond yields are rebounding aggressively on Monday (April 17), as investors fear that a lack of recessionary threats will force the Federal Reserve to keep monetary conditions tight for an extended period of time. This follows the latest better-than-expected readings in the New York Empire State Manufacturing survey and University of Michigan Consumer Sentiment index.

02:21 10 Jun 2023 RATE

Fed Put 'Dagger' In Ark With Rate Hike 'Earthquake' But Shockwaves Have Ceased And Cathie Wood Expects 'Super Exponential' Growth - ARK Innovation ETF (ARCA:ARKK)

The Federal Reserve's inflation fight has rattled growth and tech names, but Ark Invest's Cathie Wood expects that to change.

11:00 10 Jun 2023 RATE

Two bond ETF strategies that may help investors profit from rate hikes

Uncertainty over how rate hikes will affect bonds is leading investors to trade short-term Treasurys, according to former J.P. Morgan ETF head Joanna Gallegos.

02:40 10 Jun 2023 RATE

Why Ark's Cathie Wood Expects Innovation To Prevail As Fed Nears End Of 'Most Brutal Rate Hike Increase In History' - ARK Innovation ETF (ARCA:ARKK)

Ark Invest founder and CEO Cathie Wood is off to a quick start in 2023 with several high-growth names leading the rally to start the year. She expects many of the top holdings in the ARK Innovation ETF ARKK to continue to charge higher as the Federal Reserve nears the end of its rate hike onslaught.

11:36 10 Jun 2023 RATE

This ETF Eliminates the Guessing Game With Fed Rate Increases

Bets on whether the U.S. Federal Reserve will continue to raise interest rates or not in 2023 are coming in as a challenging 2022 comes to a close. Investors don't have to play the guessing game with rate hikes by padding their portfolios with exchange traded funds (ETFs) that can address potential increases.

05:10 10 Jun 2023 RATE

Interest rate ETF ‘behaves like you're shorting treasury' markets: Expert

ETF Think Tank Director of Research Cinthia Murphy joins Yahoo Finance Live anchors Seana Smith and Dave Briggs to discuss ETF performance in 2022 and why there's strong demand for small-cap ETFs.

09:10 10 Jun 2023 RATE

Global X Changes Ticker Symbol for Interest Rate Hedge ETF to RATE

Global X has changed the ticker symbol for its Global X Interest Rate Hedge ETF (NYSE Arca: IRHG) from IRHG to RATE. The fund still trades on the New York Stock Exchange.

RATE Financial details

Company Rating
-
Market Cap
0
Income
-21.99M
Revenue
476.96M
Book val./share
7.6
Cash/share
2.13
Dividend
4.43
Dividend %
18.68%
Employees
-
Optionable
No
Shortable
Yes
Earnings
-
P/E
-61.95
Forward P/E
-
PEG
-7.48
P/S
-
P/B
3.07
P/C
11.57
P/FCF
-
Quick Ratio
4.25
Current Ratio
5.03
Debt / Equity
0.64
LT Debt / Equity
0.44
-
-
EPS (TTM)
-0.25
EPS next Y
-
EPS next Q
-
EPS this Y
180.02%
EPS next Y
-
EPS next 5Y
-
EPS last 5Y
NAN%
Revenue last 5Y
-1.03%
Revenue Q/Q
-2.3%
EPS Q/Q
342.74%
-
-
-
-
SMA20
4.35%
SMA50
-4%
SMA100
-4%
Inst Own
0%
Inst Trans
0%
ROA
-3%
ROE
-5%
ROC
-0.01%
Gross Margin
48%
Oper. Margin
-1%
Profit Margin
-8%
Payout
-
Shs Outstand
-
Shs Float
-
-
-
-
-
Target Price
-
52W Range
22.62-35.97
52W High
-29.6%
52W Low
+12%
RSI
60
Rel Volume
0.04
Avg Volume
323
Volume
14
Perf Week
-2.86%
Perf Month
6.46%
Perf Quarter
-14.14%
Perf Half Y
-14.69%
-
-
-
-
Beta
-
-
-
Volatility
0.42%, 0.73%
Prev Close
0%
Price
24.64
Change
1.99%

RATE Financial Performance

Yearly Fundamentals Overview

Last date of statement is 2016-12-31

Metric History 2012-12-312013-12-312014-12-312015-12-31 2016-12-31
Revenue per share
4.574.575.433.794.87
Net income per share
0.29-0.10.05-0.14-0.38
Operating cash flow per share
0.771.050.420.940.89
Free cash flow per share
0.640.940.320.830.77
Cash per share
0.842.31.412.431.98
Book value per share
8.288.388.27.87.73
Tangible book value per share
-1.57-1.23-1.56-0.12-1.15
Share holders equity per share
8.288.388.27.87.73
Interest debt per share
2.263.463.313.433.61
Market cap
1.24B1.8B1.25B1.3B985.45M
Enterprise value
1.36B1.89B1.42B1.37B1.11B
P/E ratio
42.44-179.56241.29-97.3-28.87
Price to sales ratio
2.723.932.293.52.27
POCF ratio
16.1117.0629.3614.1512.36
PFCF ratio
19.5619.0639.1816.0814.43
P/B Ratio
1.52.141.521.711.43
PTB ratio
1.52.141.521.711.43
EV to sales
2.984.132.63.712.56
Enterprise value over EBITDA
11.5426.141515.8628.8
EV to operating cash flow
17.6217.9233.3514.9813.93
EV to free cash flow
21.3920.0344.517.0216.27
Earnings yield
0.02-0.010-0.01-0.03
Free cash flow yield
0.050.050.030.060.07
Debt to equity
0.40.550.530.490.57
Debt to assets
0.290.350.350.330.36
Net debt to EBITDA
0.991.271.790.883.26
Current ratio
3.013.73.25.375.03
Interest coverage
2.331.071.662.25-0.31
Income quality
2.63-10.538.22-6.87-2.34
Dividend Yield
00000
Payout ratio
00000
Sales general and administrative to revenue
0.080.120.080.120.14
Research and developement to revenue
00.040.050.060.07
Intangibles to total assets
0.850.740.780.680.73
Capex to operating cash flow
-0.18-0.11-0.25-0.12-0.14
Capex to revenue
-0.03-0.02-0.02-0.03-0.03
Capex to depreciation
-0.25-0.18-0.18-0.16-0.26
Stock based compensation to revenue
0.020.040.030.050.04
Graham number
7.394.343.084.98.16
ROIC
0.050.020.020.05-0.01
Return on tangible assets
0.17-0.030.02-0.04-0.12
Graham Net
-2.09-1.81-2.44-0.95-2
Working capital
102.53M225.46M176.21M261.87M217.09M
Tangible asset value
-156.75M-123.22M-157.07M-12.11M-102.55M
Net current asset value
-178.36M-148.93M-183.87M-49.77M-123.55M
Invested capital
0.240.380.380.410.44
Average receivables
56.57M57.28M66.41M63.51M54.18M
Average payables
8.9M7.69M7.6M9.06M10.64M
Average inventory
00000
Days sales outstanding
41.9949.4447.4755.3143.89
Days payables outstanding
20.5217.279.1221.4217.95
Days of inventory on hand
00000
Receivables turnover
8.697.387.696.68.32
Payables turnover
17.7921.1340.0217.0420.33
Inventory turnover
00000
ROE
0.04-0.010.01-0.02-0.05
Capex per share
-0.14-0.11-0.11-0.11-0.13

Quarterly Fundamentals Overview

Last date of statement is 2017-06-30 for Q2

Metric History 2016-06-302016-09-302016-12-312017-03-31 2017-06-30
Revenue per share
1.091.441.271.341.31
Net income per share
-0.450.12-0.05-0.06-0.26
Operating cash flow per share
0.120.220.480.210.1
Free cash flow per share
0.10.150.440.170.07
Cash per share
1.351.521.982.082.13
Book value per share
7.457.697.737.777.6
Tangible book value per share
-1.7-1.39-1.15-1.1-1.15
Share holders equity per share
7.457.697.737.777.6
Interest debt per share
3.63.433.443.994.28
Market cap
676.71M759.78M985.45M851.72M1.14B
Enterprise value
875.63M926.26M1.11B1.02B1.32B
P/E ratio
-4.1317.78-59.42-40.58-12.21
Price to sales ratio
6.875.98.687.189.81
POCF ratio
62.6838.8823.1746.62133.25
PFCF ratio
71.5955.0625.0257.97175.15
P/B Ratio
11.11.431.241.69
PTB ratio
11.11.431.241.69
EV to sales
8.897.199.788.5611.4
Enterprise value over EBITDA
-27.6526.7767.21123.79-92.07
EV to operating cash flow
81.1147.3926.1255.57154.94
EV to free cash flow
92.6367.1228.269.11203.65
Earnings yield
-0.060.010-0.01-0.02
Free cash flow yield
0.010.020.040.020.01
Debt to equity
0.610.590.570.580.64
Debt to assets
0.380.370.360.370.39
Net debt to EBITDA
-6.284.817.5919.95-12.89
Current ratio
3.024.295.033.152.39
Interest coverage
-8.864.761.07-0.65-4.75
Income quality
-0.261.83-10.26-3.48-0.37
Dividend Yield
00000
Payout ratio
00000
Sales general and administrative to revenue
0.160.160.130.140.16
Research and developement to revenue
0.080.060.060.070.08
Intangibles to total assets
0.760.740.730.720.7
Capex to operating cash flow
-0.12-0.29-0.07-0.2-0.24
Capex to revenue
-0.01-0.04-0.03-0.03-0.02
Capex to depreciation
-0.11-0.5-0.28-0.32-0.18
Stock based compensation to revenue
0.050.040.040.050.06
Graham number
8.714.542.843.226.71
ROIC
-0.040.02-0.090-0.03
Return on tangible assets
-0.160.04-0.01-0.02-0.07
Graham Net
-2.73-2.41-2-2.01-2.15
Working capital
143.61M176.59M217.09M190.56M170.61M
Tangible asset value
-153.5M-124.29M-102.55M-97.3M-101.46M
Net current asset value
-198.94M-174.44M-123.55M-119.81M-135.29M
Invested capital
0.480.440.440.510.56
Average receivables
57.03M65.04M61.62M51.44M58.69M
Average payables
3.4M8.3M11.18M12.73M11.78M
Average inventory
00000
Days sales outstanding
53.9649.6341.3738.4451.79
Days payables outstanding
9.2915.4616.0920.3312.98
Days of inventory on hand
00000
Receivables turnover
1.671.812.182.341.74
Payables turnover
9.695.825.594.436.93
Inventory turnover
00000
ROE
-0.060.02-0.01-0.01-0.03
Capex per share
-0.01-0.06-0.04-0.04-0.02

RATE Frequently Asked Questions

What is Global X Interest Rate Hedge ETF stock symbol ?

Global X Interest Rate Hedge ETF is a US stock and trading under the symbol RATE

What is Global X Interest Rate Hedge ETF stock quote today ?

Global X Interest Rate Hedge ETF stock price is $24.64 today.

Is Global X Interest Rate Hedge ETF stock public?

Yes, Global X Interest Rate Hedge ETF is a publicly traded company.

Something similar

Top by Market Cap
Top Correlated ETFs
Top Correlated Stocks
Similar Market Cap