Global X Cloud Etf Odds of Future Etf Price Finishing Over 19.62
| CLOU Etf | USD 19.62 0.49 2.56% |
Closest to current price Global long PUT Option Payoff at Expiration
Global X Target Price Odds to finish over 19.62
The tendency of Global Etf price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 19.62 | 90 days | 19.62 | roughly 97.0 |
Based on a normal probability distribution, the odds of Global X to move above the current price in 90 days from now is roughly 97.0 (This Global X Cloud probability density function shows the probability of Global Etf to fall within a particular range of prices over 90 days) .
Global X Price Density |
| Price |
Predictive Modules for Global X
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Global X Cloud. Regardless of method or technology, however, to accurately forecast the etf market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the etf market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Global X Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Global X is not an exception. The market had few large corrections towards the Global X's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Global X Cloud, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Global X within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.36 | |
β | Beta against Dow Jones | 0.93 | |
σ | Overall volatility | 1.32 | |
Ir | Information ratio | -0.22 |
Global X Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Global X for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Global X Cloud can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Global X Cloud generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Is First Trust Cloud Computing ETF a Strong ETF Right Now - Yahoo Finance UK | |
| The fund created five year return of -8.0% | |
| Global X Cloud holds 99.9% of its assets under management (AUM) in equities |
Global X Technical Analysis
Global X's future price can be derived by breaking down and analyzing its technical indicators over time. Global Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Global X Cloud. In general, you should focus on analyzing Global Etf price patterns and their correlations with different microeconomic environments and drivers.
Global X Predictive Forecast Models
Global X's time-series forecasting models is one of many Global X's etf analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Global X's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the etf market movement and maximize returns from investment trading.
Things to note about Global X Cloud
Checking the ongoing alerts about Global X for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Global X Cloud help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Global X Cloud generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Is First Trust Cloud Computing ETF a Strong ETF Right Now - Yahoo Finance UK | |
| The fund created five year return of -8.0% | |
| Global X Cloud holds 99.9% of its assets under management (AUM) in equities |
Check out Global X Analysis, Portfolio Optimization, Global X Correlation, Global X Hype Analysis, Global X Volatility, Global X Price History as well as Global X Performance. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Investors evaluate Global X Cloud using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Global X's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. External factors like market trends, sector rotation, and investor psychology can cause Global X's market price to deviate significantly from intrinsic value.
It's important to distinguish between Global X's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Global X should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Conversely, Global X's market price signifies the transaction level at which participants voluntarily complete trades.