Global X (Australia) Technical Analysis
As of the 11th of December 2024, Global X retains the Market Risk Adjusted Performance of (0.50), downside deviation of 2.17, and Risk Adjusted Performance of 0.0899. Our technical analysis interface lets you check existing technical drivers of Global X Hydrogen, 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 Hydrogen Technical Analysis
We are not able to run technical analysis function on this symbol. We either do not have that equity or its historical data is not available at this time. Please try again later.
Global X Hydrogen Trend Analysis
Use this graph to draw trend lines for Global X Hydrogen. 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 Hydrogen applied against its price change over selected period. The best fit line has a slop of NaN , . It has 0 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Global X price change compared to its average price change.Global X December 11, 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.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | 0.0899 | |||
Market Risk Adjusted Performance | (0.50) | |||
Mean Deviation | 1.57 | |||
Semi Deviation | 1.67 | |||
Downside Deviation | 2.17 | |||
Coefficient Of Variation | 869.18 | |||
Standard Deviation | 2.28 | |||
Variance | 5.21 | |||
Information Ratio | 0.0605 | |||
Jensen Alpha | 0.31 | |||
Total Risk Alpha | (0.11) | |||
Sortino Ratio | 0.0636 | |||
Treynor Ratio | (0.51) | |||
Maximum Drawdown | 12.03 | |||
Value At Risk | (2.90) | |||
Potential Upside | 3.13 | |||
Downside Variance | 4.72 | |||
Semi Variance | 2.8 | |||
Expected Short fall | (1.80) | |||
Skewness | 0.9996 | |||
Kurtosis | 4.89 |
Global X December 11, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Global stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Period Momentum Indicator | 0.04 | ||
Accumulation Distribution | (322.40) | ||
Daily Balance Of Power | 0.10 | ||
Rate Of Daily Change | 1.00 | ||
Day Median Price | 4.44 | ||
Day Typical Price | 4.63 | ||
Price Action Indicator | 0.55 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Global X Hydrogen. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Please note, there is a significant difference between Global X's value and its price as these two are different measures arrived at by different means. Investors typically determine if Global X is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Global X's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.