Global Etf Technical Analysis

QYLD
 Etf
  

USD 16.62  0.01  0.06%   

As of the 5th of December, Global X retains the Risk Adjusted Performance of 0.0163, market risk adjusted performance of 0.0171, and Downside Deviation of 1.51. Concerning fundamental indicators, the technical analysis model lets you check existing technical drivers of Global X NASDAQ, as well as the relationship between them. Simply put, you can use this information to find out if the entity will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to break down and interpolate nineteen technical drivers for Global X NASDAQ, which can be compared to its competitors. Please check out Global X NASDAQ variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and semi variance to decide if Global X is priced fairly, providing market reflects its last-minute price of 16.62 per share.
  

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 Global
Global X's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
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.
A focus of Global X technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Global X trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Global X NASDAQ Technical Analysis

Indicator
The output start index for this execution was one with a total number of output elements of sixty. The True Range is a measure of Global X NASDAQ volatility developed by Welles Wilder.
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Global X NASDAQ Trend Analysis

Use this graph to draw trend lines for Global X NASDAQ. 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 NASDAQ applied against its price change over selected period. The best fit line has a slop of   0.007509  , which means Global X NASDAQ will continue generating value for investors. It has 122 observation points and a regression sum of squares at 2.13, 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 NASDAQ 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 NASDAQ based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Global X NASDAQ price pattern first instead of the macroeconomic environment surrounding Global X NASDAQ. 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 5, 2022 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.

Global X NASDAQ One Year Return

Based on the recorded statements, Global X NASDAQ has an One Year Return of -18.08%. This is 281.43% higher than that of the Global X Funds family and 136.75% higher than that of the One Year Return category. The one year return for all United States etfs is notably higher than that of the company.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
Please see Your Equity Center. You can also try Fund Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

Complementary Tools for analysis

When running Global X NASDAQ price analysis, check to measure Global X's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Global X is operating at the current time. Most of Global X's value examination focuses on studying past and present price action to predict the probability of Global X's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Global X's price. Additionally, you may evaluate how the addition of Global X to your portfolios can decrease your overall portfolio volatility.
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The market value of Global X NASDAQ is measured differently than its book value, which is the value of Global that is recorded on the company's balance sheet. Investors also form their own opinion of Global X's value that differs from its market value or its book value, called intrinsic value, which is Global X's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Global X's market value can be influenced by many factors that don't directly affect Global X's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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 Global X value 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.