Global X Blockchain ETF Technical Analysis
| BKCH ETF | USD 86.68 1.14 1.33% |
As of the 10th of May, the last recorded price for Global X is 86.68 per share. Primary technical drivers reflect Downside Deviation of 4.68, market risk adjusted performance of 0.168, and Risk Adjusted Performance of 0.1248. Quantitative analysis incorporates volatility metrics and price behavior to assess directional bias. Metrics are compared to industry averages to assess relative positioning.
Global X 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 X, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Global XGlobal X |
Comparing Global X's market price with NAV reveals how trading dynamics relate to underlying asset values. ETF valuation considers factors like expense ratio, tracking accuracy, and the composition of underlying holdings.
It is useful to distinguish Global X's trading price from its NAV, since each reflects a different perspective. Exchange pricing for Global X reflects real-time supply and demand across active participants.
What-If Analysis
What-if analysis for Global X Blockchain is essentially a historical sensitivity test that shows how changes in the investment horizon could have altered realized return, drawdown, and timing outcomes. This becomes more informative when investors use the backtest to challenge timing assumptions rather than to search for a perfect historical entry point.
| 02/09/2026 |
| 05/10/2026 |
Placing 0.00 into Global X on February 9, 2026 with a hold through today would realize 0.00 in total gains. In total, that is a 0.0% total return in Global X for the period across 90 days. Related ETF peers for Global X include Global X, Roundhill Ball, TCW Core, Saba Closed, Toews Agility, Amplify CWP, and IShares MSCI. The fund invests at least 80 percent of its total assets, plus borrowings for investments purposes , in the securities o... More
Global X Upside and Downside Indicators Snapshot
The momentum profile for Global X describes how price movement distributes across upside and downside channels. Current price is compared to recent trend direction and momentum readings.
| Downside Deviation | 4.68 | |||
| Information Ratio | 0.1195 | |||
| Maximum Drawdown | 23.24 | |||
| Value At Risk | -6.17 | |||
| Potential Upside | 7.76 |
Global X Volatility and Risk Indicators Overview
The risk context for Global X is expressed through volatility and drawdown-related metrics. Drawdown depth and frequency distinguish between volatile-but-recoverable and structurally declining price behavior.| Risk Adjusted Performance | 0.1248 | |||
| Jensen Alpha | 0.5868 | |||
| Total Risk Alpha | 0.5897 | |||
| Sortino Ratio | 0.1242 | |||
| Treynor Ratio | 0.158 |
Mean reversion setups in Global X emerge when price has deviated materially from its long-run average. Sentiment extremes, news events, or liquidity shocks are common catalysts for these temporary dislocations in Global X. Prices periodically overshoot their intrinsic value in both directions, creating mean reversion opportunities in Global X. The mean reversion signal gains reliability when combined with fundamental confirmation for Global X.
Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1248 | |||
| Market Risk Adjusted Performance | 0.168 | |||
| Mean Deviation | 3.71 | |||
| Semi Deviation | 4.1 | |||
| Downside Deviation | 4.68 | |||
| Coefficient Of Variation | 825.44 | |||
| Standard Deviation | 4.86 | |||
| Variance | 23.63 | |||
| Information Ratio | 0.1195 | |||
| Jensen Alpha | 0.5868 | |||
| Total Risk Alpha | 0.5897 | |||
| Sortino Ratio | 0.1242 | |||
| Treynor Ratio | 0.158 | |||
| Maximum Drawdown | 23.24 | |||
| Value At Risk | -6.17 | |||
| Potential Upside | 7.76 | |||
| Downside Variance | 21.89 | |||
| Semi Variance | 16.8 | |||
| Expected Short fall | -3.86 | |||
| Skewness | 0.2064 | |||
| Kurtosis | 0.9563 |
Global X Blockchain Backtested Returns
Over the selected 3 months, Global X demonstrates a very low volatility profile. It exhibits a Sharpe Ratio (Efficiency) of 0.11, indicating risk-adjusted returns over the last 3 months. Technical screening detected twenty-nine indicators influencing risk dynamics. Please analyze metrics such as Downside Deviation of 4.68, market risk-adjusted performance of 0.168, and risk-adjusted performance of 0.1248 to assess dispersion and downside exposure. The ETF secures a Beta (Market Risk) of 3.66, which means elevated sensitivity to broad market movements. With a beta above 1, Global X typically delivers outsized gains in rising markets at the cost of steeper drawdowns.
Auto-correlation | -0.4 |
Poor reverse predictability
Global X Blockchain exhibits poor reverse predictability. Autocorrelation measures the degree of predictability between Global X time series from 9th of February 2026 to 26th of March 2026 and from 26th of March 2026 to 10th of May 2026. Persistent correlation between intervals suggests underlying momentum patterns in Global X that may carry forward. The measured coefficient of -0.4 means just about 40.0% of Global X's recent price variance traces back to prior period behavior. Given that Global X Blockchain has negative autocorrelation for the selected time horizon, market participants may evaluate potential contrarian price behavior over comparable future intervals.
| Correlation Coefficient | -0.4 | |
| Spearman Rank Test | -0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 104.16 |
Technical analysis for Global X examines price and volume patterns over time. It captures historical price and volume behavior using available data.
Technical Analysis
This analysis covers twenty-five data points across the selected time horizon. 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 X Blockchain volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Technical Analysis Methodology & Indicators
Technical analysis of Global X evaluates traded price structure, volume, and spread stability relative to NAV behavior. Volume and liquidity conditions influence signal reliability. Reduced trading volume may increase short-term pricing variability.
Global X Blockchain values are built from fund disclosures and market reference feeds, with reporting definitions aligned before display.
Editorial review and methodology oversight provided by: Gabriel Shpitalnik, Member of Macroaxis Editorial Board
Technical Indicators
A technical review of Global X Blockchain can improve timing discipline by comparing momentum, reversal risk, and confirmation signals across several time horizons. When applied, technical indicators support timing and risk control but warrant validation against broader market and business context.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1248 | |||
| Market Risk Adjusted Performance | 0.168 | |||
| Mean Deviation | 3.71 | |||
| Semi Deviation | 4.1 | |||
| Downside Deviation | 4.68 | |||
| Coefficient Of Variation | 825.44 | |||
| Standard Deviation | 4.86 | |||
| Variance | 23.63 | |||
| Information Ratio | 0.1195 | |||
| Jensen Alpha | 0.5868 | |||
| Total Risk Alpha | 0.5897 | |||
| Sortino Ratio | 0.1242 | |||
| Treynor Ratio | 0.158 | |||
| Maximum Drawdown | 23.24 | |||
| Value At Risk | -6.17 | |||
| Potential Upside | 7.76 | |||
| Downside Variance | 21.89 | |||
| Semi Variance | 16.8 | |||
| Expected Short fall | -3.86 | |||
| Skewness | 0.2064 | |||
| Kurtosis | 0.9563 |
Global X Blockchain One Year Return
Global X Blockchain has a reported One Year Return of 122.8%. This reading is way above the Global X Funds family and notably above the Equity Digital Assets category. Against all United States etfs, Global X's one year return is notably higher than average.
Although One Year Fund Return reflects overall fund short-term performance, 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.May 10, 2026 Daily Trend Indicators
A technical review of Global X Blockchain can improve timing discipline by comparing momentum, reversal risk, and confirmation signals across several time horizons. When applied, technical indicators support timing and risk control but warrant validation against broader market and business context.
| Accumulation Distribution | 0.04 | ||
| Daily Balance Of Power | 0.29 | ||
| Rate Of Daily Change | 1.01 | ||
| Day Median Price | 85.97 | ||
| Day Typical Price | 86.20 | ||
| Price Action Indicator | 1.29 | ||
| Market Facilitation Index | 3.93 |
More Resources for Global X ETF Analysis
Comparing Global X's market price with NAV reveals how trading dynamics relate to underlying asset values. ETF valuation considers factors like expense ratio, tracking accuracy, and the composition of underlying holdings.
It is useful to distinguish Global X's trading price from its NAV, since each reflects a different perspective. Exchange pricing for Global X reflects real-time supply and demand across active participants.