Global X Gold Etf Technical Analysis
| GLCC Etf | 58.65 7.39 11.19% |
As of the 2nd of February, Global X retains the Downside Deviation of 3.0, market risk adjusted performance of 0.5995, and Risk Adjusted Performance of 0.1235. Our technical analysis interface lets you check existing technical drivers of Global X Gold, as well as the relationship between them.
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, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to GlobalGlobal |
Global X 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Global X's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Global X.
| 11/04/2025 |
| 02/02/2026 |
If you would invest 0.00 in Global X on November 4, 2025 and sell it all today you would earn a total of 0.00 from holding Global X Gold or generate 0.0% return on investment in Global X over 90 days. Global X is related to or competes with Global X, TD Q, Global X, TD Q, IShares SP, IShares ESG, and Fidelity Canadian. Global X is entity of Canada. It is traded as Etf on TO exchange. More
Global X Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Global X's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Global X Gold upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.0 | |||
| Information Ratio | 0.1432 | |||
| Maximum Drawdown | 9.43 | |||
| Value At Risk | (4.03) | |||
| Potential Upside | 4.33 |
Global X Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Global X's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Global X's standard deviation. In reality, there are many statistical measures that can use Global X historical prices to predict the future Global X's volatility.| Risk Adjusted Performance | 0.1235 | |||
| Jensen Alpha | 0.376 | |||
| Total Risk Alpha | 0.2766 | |||
| Sortino Ratio | 0.1216 | |||
| Treynor Ratio | 0.5895 |
Global X February 2, 2026 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 | 0.1235 | |||
| Market Risk Adjusted Performance | 0.5995 | |||
| Mean Deviation | 1.75 | |||
| Semi Deviation | 2.52 | |||
| Downside Deviation | 3.0 | |||
| Coefficient Of Variation | 621.53 | |||
| Standard Deviation | 2.55 | |||
| Variance | 6.48 | |||
| Information Ratio | 0.1432 | |||
| Jensen Alpha | 0.376 | |||
| Total Risk Alpha | 0.2766 | |||
| Sortino Ratio | 0.1216 | |||
| Treynor Ratio | 0.5895 | |||
| Maximum Drawdown | 9.43 | |||
| Value At Risk | (4.03) | |||
| Potential Upside | 4.33 | |||
| Downside Variance | 8.99 | |||
| Semi Variance | 6.33 | |||
| Expected Short fall | (1.81) | |||
| Skewness | (1.39) | |||
| Kurtosis | 5.69 |
Global X Gold Backtested Returns
Global X appears to be very steady, given 3 months investment horizon. Global X Gold holds Efficiency (Sharpe) Ratio of 0.19, which attests that the entity had a 0.19 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Global X Gold, which you can use to evaluate the volatility of the entity. Please utilize Global X's Market Risk Adjusted Performance of 0.5995, downside deviation of 3.0, and Risk Adjusted Performance of 0.1235 to validate if our risk estimates are consistent with your expectations. The etf retains a Market Volatility (i.e., Beta) of 0.68, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Global X's returns are expected to increase less than the market. However, during the bear market, the loss of holding Global X is expected to be smaller as well.
Auto-correlation | 0.54 |
Modest predictability
Global X Gold has modest predictability. Overlapping area represents the amount of predictability between Global X time series from 4th of November 2025 to 19th of December 2025 and 19th of December 2025 to 2nd of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Global X Gold price movement. The serial correlation of 0.54 indicates that about 54.0% of current Global X price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.54 | |
| Spearman Rank Test | 0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 14.96 |
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.
Global X Gold Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. 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 Gold volatility. High ATR values indicate high volatility, and low values indicate low volatility.
About Global X 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 X Gold 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 X Gold based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Global X Gold price pattern first instead of the macroeconomic environment surrounding Global X Gold. By analyzing Global X'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 X'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 X specific price patterns or momentum indicators. Please read more on our technical analysis page.
Global X February 2, 2026 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 | 0.1235 | |||
| Market Risk Adjusted Performance | 0.5995 | |||
| Mean Deviation | 1.75 | |||
| Semi Deviation | 2.52 | |||
| Downside Deviation | 3.0 | |||
| Coefficient Of Variation | 621.53 | |||
| Standard Deviation | 2.55 | |||
| Variance | 6.48 | |||
| Information Ratio | 0.1432 | |||
| Jensen Alpha | 0.376 | |||
| Total Risk Alpha | 0.2766 | |||
| Sortino Ratio | 0.1216 | |||
| Treynor Ratio | 0.5895 | |||
| Maximum Drawdown | 9.43 | |||
| Value At Risk | (4.03) | |||
| Potential Upside | 4.33 | |||
| Downside Variance | 8.99 | |||
| Semi Variance | 6.33 | |||
| Expected Short fall | (1.81) | |||
| Skewness | (1.39) | |||
| Kurtosis | 5.69 |
Global X February 2, 2026 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Global stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 0.07 | ||
| Daily Balance Of Power | (1.79) | ||
| Rate Of Daily Change | 0.89 | ||
| Day Median Price | 60.27 | ||
| Day Typical Price | 59.73 | ||
| Price Action Indicator | (5.32) | ||
| Market Facilitation Index | 4.14 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Global X Gold. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in small area income & poverty estimates. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
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. Conversely, Global X's market price signifies the transaction level at which participants voluntarily complete trades.