(INOC) Global X Inovestor Canadian - Ratings and Ratios

Ticker Symbol: INOC Exchange: TO Type: ETF Country of Origin: Canada ETF Category: Canadian Equity The Global X Inovestor Canadian Equity Index ETF (INOC) is a Canadian equity-focused ETF designed to track the performance of the Morningstar Canada GR CAD Index. It provides exposure to a broad range of Canadian equities, offering diversification across various sectors and market capitalizations.

Average Volume 20d: 2042 (low trading volume, indicating limited liquidity) Last Price: 15.02 (current market price as of the latest close) SMA 20: 15.35 (short-term moving average slightly above the current price) SMA 50: 15.56 (medium-term moving average trending downward) SMA 200: 15.61 (long-term moving average showing a gradual decline) ATR: 0.14 (low volatility, with minimal daily price fluctuations) The ETF is trading below its 20-day, 50-day, and 200-day moving averages, signaling bearish momentum. The low ATR indicates stable price movements, suggesting reduced risk for short-term investors.

AUM: 39.50M CAD (modest assets under management, reflecting its niche focus) With an AUM of 39.50M CAD, the ETF is relatively small, which may limit its trading volume and liquidity. This factor, combined with its low average daily volume of 2042 shares, suggests it is not heavily traded, potentially leading to wider bid-ask spreads.

3-Month Forecast: Based on the technical and fundamental data, INOC is expected to remain under pressure in the short term, with potential downside to 14.80. The ETFs position below its key moving averages and low trading volume suggest limited upside momentum. However, the low ATR of 0.14 indicates that volatility will likely remain contained, making it a relatively stable investment despite the bearish trend.