MARKET COMPOSITE
DRIV - Global X Funds8:00:00 PM 4/24/2024
Price
$22.91
+ 0.15 (0.66%)
The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Autonomous & Electric Vehicles Index. The fund invests at least 80% of its total assets in the securities of the index. The index is designed to provide exposure to exchange-listed companies that are involved in the development of electric vehicles and/or autonomous vehicles, including companies that produce electric/hybrid vehicles, electric/hybrid vehicle components and materials, autonomous driving technology, and network connected services for transportation. It is non-diversified.
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Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from 

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Moving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.

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    The electric vehicle (EV) market continues to suffer from an ongoing slump. Slower sales growth and price wars have impacted both large and small EV stocks with investors unsure if it is a good time to buy them. The Global X Autonomous & Electric Vehicles ETF (NASDAQ:DRIV) which holds around 84 EV and autonomous vehicles stocks, has fallen more than 1% year-to-date, underscoring how many EV stocks have broadly underperformed the general market. Despite that, now may be a good time to find EV sto

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    Investors won't have to pick winners and losers in the artificial intelligence industry if they follow this simple strategy.

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    When I first got the assignment to write about three undervalued autonomous driving stocks, the first thing that came to mind was if I even knew three names, let alone three undervalued ones. It’s been a while since I’ve talked about self-driving car stocks. The last time was in April 2022, when I suggested Waymo could bring Alphabet (NASDAQ:GOOGL) a new revenue stream. Perhaps Google’s parent is undervalued. It’s also been a long time since I’ve written about GOOGL stock. InvestorPlace - Stock

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