Clough Global Opportunities Etf Price on October 2, 2024
XGLOX Etf | USD 6.17 0.03 0.49% |
Below is the normalized historical share price chart for Clough Global Opportunities extending back to May 04, 2006. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Clough Global stands at 6.17, as last reported on the 30th of November, with the highest price reaching 6.17 and the lowest price hitting 6.17 during the day.
If you're considering investing in Clough Etf, it is important to understand the factors that can impact its price. At this stage we consider Clough Etf to be very steady. Clough Global Opport secures Sharpe Ratio (or Efficiency) of 0.0312, which signifies that the etf had a 0.0312% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Clough Global Opportunities, which you can use to evaluate the volatility of the entity. Please confirm Clough Global's Downside Deviation of 0.8191, mean deviation of 0.5101, and Risk Adjusted Performance of 0.0011 to double-check if the risk estimate we provide is consistent with the expected return of 0.0198%.
Clough Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Clough |
Sharpe Ratio = 0.0312
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Estimated Market Risk
0.64 actual daily | 5 95% of assets are more volatile |
Expected Return
0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Clough Global is performing at about 2% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Clough Global by adding it to a well-diversified portfolio.
Clough Global Valuation on October 2, 2024
It is possible to determine the worth of Clough Global on a given historical date. On October 2, 2024 Clough was worth 6.25 at the beginning of the trading date compared to the closed value of 6.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Clough Global etf. Still, in general, we apply an absolute valuation method to find Clough Global's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Clough Global where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Clough Global's related companies.
Open | High | Low | Close | Volume | |
6.25 | 6.25 | 6.25 | 6.25 | 1.00 | |
10/02/2024 | 6.25 | 6.25 | 6.25 | 6.25 | 1.00 |
6.22 | 6.22 | 6.22 | 6.22 | 1.00 |
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Clough Global Trading Date Momentum on October 2, 2024
On October 03 2024 Clough Global Opportunities was traded for 6.22 at the closing time. The highest daily price throughout the period was 6.22 and the lowest price was 6.22 . There was no trading activity during the period 1.0. Lack of trading volume on 10/03/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 0.48% . The overall trading delta to current closing price is 0.96% . |
About Clough Global Etf history
Clough Global investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Clough is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Clough Global Opport will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Clough Global stock prices may prove useful in developing a viable investing in Clough Global
Clough Global Etf Technical Analysis
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.
Price Boundaries
Clough Global Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Clough Global Opportunities cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Clough Global November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Clough Global etf 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 etf market strength indicators, traders can identify Clough Global Opportunities entry and exit signals to maximize returns
Clough Global Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Clough Global's price direction in advance. Along with the technical and fundamental analysis of Clough Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Clough to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.0011 | |||
Jensen Alpha | (0.08) | |||
Total Risk Alpha | (0.12) | |||
Sortino Ratio | (0.17) | |||
Treynor Ratio | (0.01) |
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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.