Global X Cash Etf Technical Analysis
| HSAV Etf | CAD 114.16 0.02 0.02% |
As of the 22nd of December, Global X retains the Market Risk Adjusted Performance of (1.79), coefficient of variation of 471.05, and Risk Adjusted Performance of 0.0751. Our technical analysis interface lets you check existing technical drivers of Global X Cash, as well as the relationship between them.
Global X Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Global, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to GlobalGlobal |
Global X technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Global X Cash Technical Analysis
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Global X Cash volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Global X Cash Trend Analysis
Use this graph to draw trend lines for Global X Cash. You can use it to identify possible trend reversals for Global X as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Global X price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Global X Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Global X Cash applied against its price change over selected period. The best fit line has a slop of 0.01 , which means Global X Cash will continue generating value for investors. It has 122 observation points and a regression sum of squares at 6.32, which is the sum of squared deviations for the predicted Global X price change compared to its average price change.About Global X Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Global X Cash on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Global X Cash based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Global X Cash price pattern first instead of the macroeconomic environment surrounding Global X Cash. By analyzing Global X's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Global X's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Global X specific price patterns or momentum indicators. Please read more on our technical analysis page.
Global X December 22, 2024 Technical Indicators
Most technical analysis of Global help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Global from various momentum indicators to cycle indicators. When you analyze Global charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0751 | |||
| Market Risk Adjusted Performance | (1.79) | |||
| Mean Deviation | 0.0579 | |||
| Downside Deviation | 0.0745 | |||
| Coefficient Of Variation | 471.05 | |||
| Standard Deviation | 0.0768 | |||
| Variance | 0.0059 | |||
| Information Ratio | (0.21) | |||
| Jensen Alpha | 0.0064 | |||
| Total Risk Alpha | 0.0042 | |||
| Sortino Ratio | (0.21) | |||
| Treynor Ratio | (1.80) | |||
| Maximum Drawdown | 0.4225 | |||
| Value At Risk | (0.13) | |||
| Potential Upside | 0.1318 | |||
| Downside Variance | 0.0056 | |||
| Semi Variance | (0.01) | |||
| Expected Short fall | (0.07) | |||
| Skewness | 0.1982 | |||
| Kurtosis | 1.39 |
Other Information on Investing in Global Etf
Global X financial ratios help investors to determine whether Global Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Global with respect to the benefits of owning Global X security.