Global X (UK) Technical Analysis
| URNU Etf | 18.38 0.54 3.03% |
As of the 1st of December, Global X retains the Market Risk Adjusted Performance of (14.90), risk adjusted performance of 0.1461, and Downside Deviation of 2.12. Concerning fundamental indicators, the technical analysis model lets you check existing technical drivers of Global X Uranium, as well as the relationship between them. Please check out Global X Uranium information ratio, treynor ratio, value at risk, as well as the relationship between the jensen alpha and maximum drawdown to decide if Global X is priced fairly, providing market reflects its last-minute price of 18.38 per share.
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 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 Uranium Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-one. 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 Uranium volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Global X Uranium Trend Analysis
Use this graph to draw trend lines for Global X Uranium. You can use it to identify possible trend reversals for Global X 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 X price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Global X Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Global X Uranium applied against its price change over selected period. The best fit line has a slop of 0.07 , which means Global X Uranium will continue generating value for investors. It has 122 observation points and a regression sum of squares at 190.21, which is the sum of squared deviations for the predicted Global X price change compared to its average price change.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 Uranium 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 Uranium based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Global X Uranium price pattern first instead of the macroeconomic environment surrounding Global X Uranium. 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 December 1, 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 | 0.1461 | |||
| Market Risk Adjusted Performance | (14.90) | |||
| Mean Deviation | 1.81 | |||
| Semi Deviation | 1.86 | |||
| Downside Deviation | 2.12 | |||
| Coefficient Of Variation | 548.63 | |||
| Standard Deviation | 2.38 | |||
| Variance | 5.65 | |||
| Information Ratio | 0.1244 | |||
| Jensen Alpha | 0.427 | |||
| Total Risk Alpha | 0.0265 | |||
| Sortino Ratio | 0.1398 | |||
| Treynor Ratio | (14.91) | |||
| Maximum Drawdown | 11.34 | |||
| Value At Risk | (2.86) | |||
| Potential Upside | 4.58 | |||
| Downside Variance | 4.48 | |||
| Semi Variance | 3.48 | |||
| Expected Short fall | (2.08) | |||
| Skewness | 0.1877 | |||
| Kurtosis | 0.5538 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Global X Uranium. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.