Morningstar Global Income Fund Technical Analysis
| MSTGX Fund | USD 10.50 -0.02 -0.19% |
Market data as of the 12th of May 2026 shows Morningstar Global priced at 10.50 per share. Measured indicators report Mean Deviation of 0.3509, standard deviation of 0.4855, and Risk Adjusted Performance of -0.02. The model examines historical data series to identify measurable trend characteristics. Technical readings are interpreted relative to historical price behavior and peer volatility.
Morningstar Global Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Morningstar, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MorningstarMorningstar |
What-If Analysis
Running a what-if backtest on Morningstar Global Income provides a practical way to test how changes in horizon, position size, or market timing might have affected the result. The point is not to predict the future from one chart, but to understand how sensitive the trade has been to timing and holding assumptions.
| 02/11/2026 |
| 05/12/2026 |
With 0.00 allocated to Morningstar Global on February 11, 2026 and held through today, you would earn 0.00 in total gains. That corresponds to a 0.0% net return in Morningstar Global in aggregate over 90 days. The Advisor generally expects to invest at least 20 percent of assets in securities of issuers domiciled outside of the ... More
Upside and Downside Indicators for Morningstar Global Dashboard
Upside and downside signals that contextualize Morningstar Global price behavior are highlighted below. Current price is compared to recent trend direction and momentum readings.
| Information Ratio | 8.0E-4 | |||
| Maximum Drawdown | 2.05 | |||
| Value At Risk | -0.76 | |||
| Potential Upside | 0.6917 |
Volatility and Risk Indicators for Morningstar Global Snapshot
For Morningstar Global, these risk indicators capture historical volatility and return dispersion patterns. Return distribution shape — skewness and kurtosis — measures tail risk beyond standard deviation.| Risk Adjusted Performance | -0.02 | |||
| Jensen Alpha | -0.01 | |||
| Total Risk Alpha | -0.01 | |||
| Treynor Ratio | -0.04 |
Mean reversion is the tendency of Morningstar Global's price to return to its historical average after periods of extreme deviation. Some analysts monitor this tendency by comparing Morningstar Global's price extremes to fundamental value.
Technical Indicators
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| Volume Indicators |
| Risk Adjusted Performance | -0.02 | |||
| Market Risk Adjusted Performance | -0.03 | |||
| Mean Deviation | 0.3509 | |||
| Coefficient Of Variation | -7,614 | |||
| Standard Deviation | 0.4855 | |||
| Variance | 0.2357 | |||
| Information Ratio | 8.0E-4 | |||
| Jensen Alpha | -0.01 | |||
| Total Risk Alpha | -0.01 | |||
| Treynor Ratio | -0.04 | |||
| Maximum Drawdown | 2.05 | |||
| Value At Risk | -0.76 | |||
| Potential Upside | 0.6917 | |||
| Skewness | -0.31 | |||
| Kurtosis | 1.1 |
Morningstar Global Income Backtested Returns
Morningstar Global currently shows a lower relative volatility across the evaluation window. It maintains a Sharpe Ratio (Efficiency) of -0.0131, representing negative adjusted performance consistency. We identified twenty-one technical indicators influencing the company's volatility profile. Please assess metrics such as mean deviation of 0.3509, standard deviation of 0.4855, and risk-adjusted performance of -0.02 to validate implied volatility levels. The fund shows a market beta of 0.41, which means generally lower market sensitivity than the broad market. Returns on Morningstar Global tend to trail the broader market in strong rallies but hold up better when sentiment turns negative.
Auto-correlation | -0.41 |
Modest reverse predictability
Comparing Morningstar Global's price behavior from 11th of February 2026 to 28th of March 2026 with the period from 28th of March 2026 to 12th of May 2026 produces modest reverse predictability. The stronger the relationship between the current interval and its lagged values, the more accurately future price behavior of Morningstar Global Income may be projected. The coefficient of -0.41 links just about 41.0% of Morningstar Global's present price action to its own historical movements. Given that Morningstar Global Income has negative autocorrelation for the selected time horizon, market participants may evaluate potential contrarian price behavior over comparable future intervals.
| Correlation Coefficient | -0.41 | |
| Spearman Rank Test | -0.53 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
This technical view for Morningstar Global centers on price movement and volume signals. The analysis is built from recorded market activity across time frames.
Technical Analysis
This analysis covers thirty-seven 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 Morningstar Global Income volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Technical Analysis Methodology & Indicators
Technical analysis of Morningstar Global focuses on NAV trend behavior and volatility patterns where pricing frequency permits. Support and resistance levels frame risk boundaries for observed price regimes.
Morningstar Global Income metrics draw on fund disclosures and market reference feeds, standardized for cross-period comparison.
Editorial review and methodology oversight provided by: Rifka Kats, Member of Macroaxis Editorial Board
Technical Indicators
Technical analysis of Morningstar Global Income is useful because it frames whether the current trend still looks durable or is beginning to weaken. This is informative when the goal is to compare trend quality, momentum, and mean-reversion risk before acting.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | -0.02 | |||
| Market Risk Adjusted Performance | -0.03 | |||
| Mean Deviation | 0.3509 | |||
| Coefficient Of Variation | -7,614 | |||
| Standard Deviation | 0.4855 | |||
| Variance | 0.2357 | |||
| Information Ratio | 8.0E-4 | |||
| Jensen Alpha | -0.01 | |||
| Total Risk Alpha | -0.01 | |||
| Treynor Ratio | -0.04 | |||
| Maximum Drawdown | 2.05 | |||
| Value At Risk | -0.76 | |||
| Potential Upside | 0.6917 | |||
| Skewness | -0.31 | |||
| Kurtosis | 1.1 |
May 12, 2026 Daily Trend Indicators
Technical analysis of Morningstar Global Income is useful because it frames whether the current trend still looks durable or is beginning to weaken. This is informative when the goal is to compare trend quality, momentum, and mean-reversion risk before acting.
| Accumulation Distribution | 0.00 | ||
| Daily Balance Of Power | 0.00 | ||
| Rate Of Daily Change | 1.00 | ||
| Day Median Price | 10.50 | ||
| Day Typical Price | 10.50 | ||
| Price Action Indicator | -0.01 |