Clough Global Opportunities Etf Technical Analysis
| XGLOX Etf | USD 6.21 0.04 0.65% |
As of the 13th of December 2024, Clough Global shows the Downside Deviation of 0.7235, risk adjusted performance of 0.0471, and Mean Deviation of 0.475. Our technical analysis interface gives you tools to check existing technical drivers of Clough Global Opport, as well as the relationship between them.
Clough Global Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Clough, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CloughClough |
Clough Global 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.
Clough Global Opport 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 Clough Global Opport volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Clough Global Opport Trend Analysis
Use this graph to draw trend lines for Clough Global Opportunities. You can use it to identify possible trend reversals for Clough Global 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 Clough Global price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Clough Global Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Clough Global Opportunities applied against its price change over selected period. The best fit line has a slop of 0.0016 , which may suggest that Clough Global Opportunities market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.09, which is the sum of squared deviations for the predicted Clough Global price change compared to its average price change.About Clough Global 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 Clough Global Opportunities 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 Clough Global Opportunities based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Clough Global Opport price pattern first instead of the macroeconomic environment surrounding Clough Global Opport. By analyzing Clough Global'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 Clough Global'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 Clough Global specific price patterns or momentum indicators. Please read more on our technical analysis page.
Clough Global December 13, 2024 Technical Indicators
Most technical analysis of Clough 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 Clough from various momentum indicators to cycle indicators. When you analyze Clough 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 | 0.0471 | |||
| Market Risk Adjusted Performance | 0.4756 | |||
| Mean Deviation | 0.475 | |||
| Semi Deviation | 0.6051 | |||
| Downside Deviation | 0.7235 | |||
| Coefficient Of Variation | 1486.16 | |||
| Standard Deviation | 0.6157 | |||
| Variance | 0.3791 | |||
| Information Ratio | (0.11) | |||
| Jensen Alpha | 0.0246 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.1) | |||
| Treynor Ratio | 0.4656 | |||
| Maximum Drawdown | 3.24 | |||
| Value At Risk | (0.81) | |||
| Potential Upside | 0.9868 | |||
| Downside Variance | 0.5234 | |||
| Semi Variance | 0.3662 | |||
| Expected Short fall | (0.52) | |||
| Skewness | (0.71) | |||
| Kurtosis | 1.34 |
Other Information on Investing in Clough Etf
Clough Global financial ratios help investors to determine whether Clough 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 Clough with respect to the benefits of owning Clough Global security.