Clough Global Fund Forecast - Daily Balance Of Power
GLO Fund | USD 5.30 0.01 0.19% |
Clough Fund Forecast is based on your current time horizon.
Clough |
Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
0.1667 | 0.5 |
Check Clough Global Volatility | Backtest Clough Global | Trend Details |
Clough Global Trading Date Momentum
On July 27 2023 Clough Global Opportunities was traded for 4.28 at the closing time. Highest Clough Global's price during the trading hours was 4.33 and the lowest price during the day was 4.27 . The net volume was 179.3 K. The overall trading history on the 27th of July contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 0.23% . The overall trading delta to current price is 2.33% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
Compare Clough Global to competition |
Other Forecasting Options for Clough Global
For every potential investor in Clough, whether a beginner or expert, Clough Global's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Clough Fund price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Clough. Basic forecasting techniques help filter out the noise by identifying Clough Global's price trends.View Clough Global Related Equities
Risk & Return | Correlation |
Clough Global Opport Technical and Predictive Analytics
The fund market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Clough Global's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Clough Global's current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Clough Global Market Strength Events
Market strength indicators help investors to evaluate how Clough Global fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Clough Global shares will generate the highest return on investment. By undertsting and applying Clough Global fund market strength indicators, traders can identify Clough Global Opportunities entry and exit signals to maximize returns.
Clough Global Risk Indicators
The analysis of Clough Global's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Clough Global's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting clough fund prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Mean Deviation | 0.4835 | |||
Semi Deviation | 0.5538 | |||
Standard Deviation | 0.6522 | |||
Variance | 0.4253 | |||
Downside Variance | 0.6241 | |||
Semi Variance | 0.3067 | |||
Expected Short fall | (0.58) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Pair Trading with Clough Global
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Clough Global position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Clough Global will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Clough Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Clough Global when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Clough Global - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Clough Global Opportunities to buy it.
The correlation of Clough Global is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Clough Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Clough Global Opport moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Clough Global can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Clough Fund
Clough Global financial ratios help investors to determine whether Clough Fund 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.
Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios |