Global Gold Fund Technical Analysis
| BGEIX Fund | USD 13.64 0.06 0.44% |
As of the 26th of November, Global Gold retains the Downside Deviation of 1.83, risk adjusted performance of 0.0226, and Market Risk Adjusted Performance of 0.0908. Global Gold technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the entity's future prices.
Global Gold Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Global, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to GlobalGlobal |
Global Gold technical mutual fund 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, fund market cycles, or different charting patterns.
Global Gold Fund Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. 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 Global Gold Fund volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Global Gold Fund Trend Analysis
Use this graph to draw trend lines for Global Gold Fund. You can use it to identify possible trend reversals for Global Gold 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 Global Gold price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Global Gold Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Global Gold Fund applied against its price change over selected period. The best fit line has a slop of 0.01 , which means Global Gold Fund will continue generating value for investors. It has 122 observation points and a regression sum of squares at 2.33, which is the sum of squared deviations for the predicted Global Gold price change compared to its average price change.About Global Gold 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 Global Gold Fund 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 Global Gold Fund based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Global Gold Fund price pattern first instead of the macroeconomic environment surrounding Global Gold Fund. By analyzing Global Gold'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 Global Gold'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 Global Gold specific price patterns or momentum indicators. Please read more on our technical analysis page.
Global Gold November 26, 2024 Technical Indicators
Most technical analysis of Global 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 Global from various momentum indicators to cycle indicators. When you analyze Global 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.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0226 | |||
| Market Risk Adjusted Performance | 0.0908 | |||
| Mean Deviation | 1.46 | |||
| Semi Deviation | 1.79 | |||
| Downside Deviation | 1.83 | |||
| Coefficient Of Variation | 4582.59 | |||
| Standard Deviation | 1.85 | |||
| Variance | 3.42 | |||
| Information Ratio | (0.05) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.26) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.0808 | |||
| Maximum Drawdown | 9.43 | |||
| Value At Risk | (2.75) | |||
| Potential Upside | 2.9 | |||
| Downside Variance | 3.36 | |||
| Semi Variance | 3.21 | |||
| Expected Short fall | (1.55) | |||
| Skewness | 0.0019 | |||
| Kurtosis | 0.2699 |
Global Gold Fund One Year Return
Based on the recorded statements, Global Gold Fund has an One Year Return of 38.3102%. This is 10454.11% lower than that of the American Century Investments family and significantly higher than that of the Equity Precious Metals category. The one year return for all United States funds is notably lower than that of the firm.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.Other Information on Investing in Global Mutual Fund
Global Gold financial ratios help investors to determine whether Global Mutual 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 Global with respect to the benefits of owning Global Gold security.
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets |