(GREK) Global X MSCI Greece - Ratings and Ratios
Stocks, Depositary Receipts, Greek Equities
Description: GREK Global X MSCI Greece
The Global X MSCI Greece ETF (NYSE ARCA:GREK) is an exchange-traded fund that tracks the performance of the Greek equity market. It achieves this by investing at least 80% of its assets in securities that are part of its underlying index, as well as in ADRs and GDRs based on those securities.
As a non-diversified fund, GREKs investment portfolio is heavily concentrated on the Greek equity universe, making it a high-risk, high-reward investment opportunity. The funds underlying index is designed to represent the broad Greek equity market, providing investors with exposure to the countrys economy and stock market.
From a quantitative perspective, key performance indicators (KPIs) such as the funds expense ratio, tracking error, and trading volume can be used to evaluate its effectiveness. For instance, a low expense ratio would indicate that the fund is cost-efficient, while a low tracking error would suggest that it is successful in replicating the performance of its underlying index. Additionally, high trading volume can be a sign of liquidity, making it easier for investors to buy and sell shares.
To further analyze GREKs performance, one could examine its dividend yield, which can provide insight into the funds income-generating potential. Moreover, metrics such as the funds price-to-earnings (P/E) ratio and price-to-book (P/B) ratio can be used to assess its valuation relative to the broader Greek equity market. By examining these KPIs, investors can gain a more comprehensive understanding of GREKs strengths and weaknesses.
GREK ETF Overview
| Market Cap in USD | 321m |
| Category | Miscellaneous Region |
| TER | 0.57% |
| IPO / Inception | 2011-12-07 |
GREK ETF Ratings
| Growth Rating | 94.8% |
| Fundamental | - |
| Dividend Rating | 79.3% |
| Return 12m vs S&P 500 | 35.1% |
| Analyst Rating | - |
GREK Dividends
| Dividend Yield 12m | 4.83% |
| Yield on Cost 5y | 14.91% |
| Annual Growth 5y | 21.96% |
| Payout Consistency | 93.9% |
| Payout Ratio | % |
GREK Growth Ratios
| Growth Correlation 3m | 90.8% |
| Growth Correlation 12m | 90.8% |
| Growth Correlation 5y | 89.9% |
| CAGR 5y | 30.11% |
| CAGR/Max DD 5y | 0.99 |
| Sharpe Ratio 12m | 1.71 |
| Alpha | 0.00 |
| Beta | 0.788 |
| Volatility | 23.24% |
| Current Volume | 150.1k |
| Average Volume 20d | 85.1k |
| Stop Loss | 61.4 (-3.2%) |
| Signal | 0.97 |
What is the price of GREK shares?
Over the past week, the price has changed by -1.69%, over one month by +2.23%, over three months by +16.40% and over the past year by +59.54%.
Is Global X MSCI Greece a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of GREK is around 77.77 USD . This means that GREK is currently undervalued and has a potential upside of +22.67% (Margin of Safety).
Is GREK a buy, sell or hold?
What are the forecasts/targets for the GREK price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 87 | 37.3% |
Last update: 2025-08-21 11:21
GREK Fundamental Data Overview
CCE Cash And Equivalents = unknown
Revenue TTM is 0, using Net Income TTM 0.0 + Cost of Revenue 0.0 = 0.0 USD
Beta = 0.82
Revenue TTM = 0.0 USD
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 320.9m USD (320.9m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
FCF Yield = none (FCF TTM 0.0 / Enterprise Value 320.9m)
FCF Margin = unknown (Revenue TTM is 0)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 320.9m / Book Value Of Equity 0.0)
Interest Expense / Debt = 0.0% (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default)
NOPAT = 0.0 (EBIT 0.0, no tax applied on loss)
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown Debt (none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = none (Debt none / FCF TTM 0.0)
Total Stockholder Equity = unknown
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity none)
RoCE = unknown (Ebit 0.0 / (Equity none + L.T.Debt none))
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, Ebit 0.0)
WACC = unknown (E(320.9m)/V(0.0) * Re(8.92%)) + (D(none)/V(0.0) * Rd(0.0%) * (1-Tc(0.21)))
Discount Rate = 8.92% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow 0.0)
Additional Sources for GREK ETF
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle