GX Funds Etf Technical Analysis


USD 22.72  0.03  0.13%   

As of the 6th of July, GX Funds owns the standard deviation of 0.9633, and Market Risk Adjusted Performance of (0.26). GX Funds Gx technical analysis makes it possible for you to employ past data patterns with the intention to determine a pattern that calculates the direction of the entity's future prices. Strictly speaking, you can use this information to find out if the entity will indeed mirror its model of historical prices and volume patterns, or the prices will eventually revert. We were able to collect and analyze data for nineteen technical drivers for GX Funds, which can be compared to its peers in the sector. Please check out GX Funds Gx mean deviation, standard deviation, treynor ratio, as well as the relationship between the downside deviation and information ratio to decide if GX Funds Gx is priced more or less accurately, providing market reflects its prevailing price of 22.72 per share.

GX Funds Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as GX Funds, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to GX Funds
GX Funds' 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.
GX Funds 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, stock market cycles, or different charting patterns.
A focus of GX Funds technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of GX Funds 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...

GX Funds Gx Technical Analysis

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The output start index for this execution was thirty-two with a total number of output elements of twenty-nine. 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 GX Funds Gx volatility. High ATR values indicate high volatility, and low values indicate low volatility.

GX Funds Gx Trend Analysis

Use this graph to draw trend lines for GX Funds Gx. You can use it to identify possible trend reversals for GX Funds 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 GX Funds price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

GX Funds Best Fit Change Line

The following chart estimates an ordinary least squares regression model for GX Funds Gx applied against its price change over selected period. The best fit line has a slop of   -0.05  , which may suggest that GX Funds Gx market price will keep on failing further. It has 122 observation points and a regression sum of squares at 82.99, which is the sum of squared deviations for the predicted GX Funds price change compared to its average price change.

About GX Funds 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 GX Funds Gx 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 GX Funds Gx based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on GX Funds Gx stock first instead of the macroeconomic environment surrounding GX Funds Gx. By analyzing GX Funds'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 GX Funds'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 GX Funds specific price patterns or momentum indicators. Please read more on our technical analysis page.

GX Funds July 6, 2022 Technical Indicators

Most technical analysis of GX Funds 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 GX Funds from various momentum indicators to cycle indicators. When you analyze GX Funds 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.

GX Funds July 6, 2022 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 GX Funds 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.
Continue to Investing Opportunities. Note that the GX Funds Gx information on this page should be used as a complementary analysis to other GX Funds' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

Complementary Tools for GX Funds Etf analysis

When running GX Funds Gx price analysis, check to measure GX Funds' 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 GX Funds is operating at the current time. Most of GX Funds' value examination focuses on studying past and present price action to predict the probability of GX Funds' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move GX Funds' price. Additionally, you may evaluate how the addition of GX Funds to your portfolios can decrease your overall portfolio volatility.
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The market value of GX Funds Gx is measured differently than its book value, which is the value of GX Funds that is recorded on the company's balance sheet. Investors also form their own opinion of GX Funds' value that differs from its market value or its book value, called intrinsic value, which is GX Funds' 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 GX Funds' market value can be influenced by many factors that don't directly affect GX Funds' 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 GX Funds' value and its price as these two are different measures arrived at by different means. Investors typically determine GX Funds value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GX Funds' 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.