| SLDR Etf | | | USD 50.03 0.04 0.08% |
If you're considering investing in Global Etf, it is important to understand the factors that can impact its price. As of today, the current price of Global X stands at
50.03, as last reported on the 27th of November, with the highest price reaching
50.03 and the lowest price hitting
50.03 during the day.
Global X Short holds Efficiency (Sharpe) Ratio of -0.0305, which attests that the entity had a -0.0305% return per unit of risk over the last 3 months. Global X Short exposes twenty-two different
technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Global X's Market Risk Adjusted Performance of 0.8946,
standard deviation of 0.0689, and Risk Adjusted Performance of
(0.12) to validate the risk estimate we provide.
Global Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Sharpe Ratio = -0.0305
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Based on monthly moving average Global X is not performing at its full potential. However, 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
Global X by adding Global X to a
well-diversified portfolio.
Global X Etf Price History Chart
There are several ways to analyze Global X Short Term Etf price data. The simplest method is using a basic Global candlestick price chart, which shows Global X price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on
technical analysis.
Global X November 27, 2024 Etf Price Synopsis
Various analyses of Global X's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Global Etf. It can be used to describe the percentage change in the price of Global X from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Global Etf.
| Global X Price Rate Of Daily Change | 1.00 |
| Global X Price Action Indicator | 0.02 |
Global X November 27, 2024 Etf Price Analysis
When benchmark price declines in a down market, there may be an uptick in Global X Short Term Etf price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Global X intraday prices and daily technical indicators to check the level of noise trading in Global X Short Term Etf and then apply it to test your longer-term investment strategies against Global.
Global Etf Price History Data
The price series of Global X for the period between Thu, Aug 29, 2024 and Wed, Nov 27, 2024 has a statistical range of 0.28 with a coefficient of variation of 0.16. The price distribution for the period has arithmetic mean of 50.02. The median price for the last 90 days is 50.01.
About Global X Etf history
Global X 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 Global is vital when making an investment decision, and regardless of whether you use fundamental or
technical analysis, your return on investment in Global X Short 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 Global X
stock prices may prove useful in developing a viable investing in Global X
Global X Etf Technical Analysis
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.
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| | Piotroski F ScoreGet Piotroski F Score based on the binary analysis strategy of nine different fundamentals |
Global X Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Global X's price direction in advance. Along with the technical and
fundamental analysis of Global Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Global 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.
Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Global X Short Term. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as
signals in unemployment.
You can also try the
Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
The market value of Global X Short 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 if Global X is a good investment 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.