Global X Active Etf Technical Analysis
| HMP Etf | CAD 9.77 0.01 0.10% |
As of the 28th of January, Global X retains the Downside Deviation of 0.3313, market risk adjusted performance of (0.61), and Risk Adjusted Performance of (0.01). Global X 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 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.
| 10/30/2025 |
| 01/28/2026 |
If you would invest 0.00 in Global X on October 30, 2025 and sell it all today you would earn a total of 0.00 from holding Global X Active or generate 0.0% return on investment in Global X over 90 days. Global X is related to or competes with Invesco RAFI, Global X, Desjardins, Purpose Enhanced, BMO Put, BMO Low, and Evolve Automobile. The investment objective of Horizons HMP is to seek to provide unitholders with a high level of income by investing prim... 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 Active upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.3313 | |||
| Information Ratio | (0.31) | |||
| Maximum Drawdown | 1.13 | |||
| Value At Risk | (0.41) | |||
| Potential Upside | 0.3102 |
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 | (0.01) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.23) | |||
| Treynor Ratio | (0.62) |
Global X January 28, 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 | (0.01) | |||
| Market Risk Adjusted Performance | (0.61) | |||
| Mean Deviation | 0.1751 | |||
| Semi Deviation | 0.2391 | |||
| Downside Deviation | 0.3313 | |||
| Coefficient Of Variation | 7225.29 | |||
| Standard Deviation | 0.2459 | |||
| Variance | 0.0605 | |||
| Information Ratio | (0.31) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.23) | |||
| Treynor Ratio | (0.62) | |||
| Maximum Drawdown | 1.13 | |||
| Value At Risk | (0.41) | |||
| Potential Upside | 0.3102 | |||
| Downside Variance | 0.1098 | |||
| Semi Variance | 0.0572 | |||
| Expected Short fall | (0.22) | |||
| Skewness | (0.80) | |||
| Kurtosis | 1.43 |
Global X Active Backtested Returns
As of now, Global Etf is very steady. Global X Active holds Efficiency (Sharpe) Ratio of 0.0452, which attests that the entity had a 0.0452 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Global X Active, which you can use to evaluate the volatility of the entity. Please check out Global X's Risk Adjusted Performance of (0.01), downside deviation of 0.3313, and Market Risk Adjusted Performance of (0.61) to validate if the risk estimate we provide is consistent with the expected return of 0.0104%. The etf retains a Market Volatility (i.e., Beta) of 0.0106, which attests to not very significant fluctuations relative to the market. 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 | 0.04 |
Virtually no predictability
Global X Active has virtually no predictability. Overlapping area represents the amount of predictability between Global X time series from 30th of October 2025 to 14th of December 2025 and 14th of December 2025 to 28th of January 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 Active price movement. The serial correlation of 0.04 indicates that only as little as 4.0% of current Global X price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.04 | |
| Spearman Rank Test | 0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
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 Active Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Normalized Average True Range is used to analyze tradable apportunities for Global X Active across different markets.
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 Active 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 Active based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Global X Active price pattern first instead of the macroeconomic environment surrounding Global X Active. 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 January 28, 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 | (0.01) | |||
| Market Risk Adjusted Performance | (0.61) | |||
| Mean Deviation | 0.1751 | |||
| Semi Deviation | 0.2391 | |||
| Downside Deviation | 0.3313 | |||
| Coefficient Of Variation | 7225.29 | |||
| Standard Deviation | 0.2459 | |||
| Variance | 0.0605 | |||
| Information Ratio | (0.31) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.23) | |||
| Treynor Ratio | (0.62) | |||
| Maximum Drawdown | 1.13 | |||
| Value At Risk | (0.41) | |||
| Potential Upside | 0.3102 | |||
| Downside Variance | 0.1098 | |||
| Semi Variance | 0.0572 | |||
| Expected Short fall | (0.22) | |||
| Skewness | (0.80) | |||
| Kurtosis | 1.43 |
Global X January 28, 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 | 0.00 | ||
| Daily Balance Of Power | Huge | ||
| Rate Of Daily Change | 1.00 | ||
| Day Median Price | 9.77 | ||
| Day Typical Price | 9.77 | ||
| Price Action Indicator | 0.00 |
Other Information on Investing in Global Etf
Global X financial ratios help investors to determine whether Global 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 Global with respect to the benefits of owning Global X security.