Global X Technical Analysis 
Global X Next Emerging Frontier ETF  USA Etf  USD 22.85 0.15 0.65% 
Global X Next Emerging Frontier ETF retains Downside Deviation of 0.7308, Market Risk Adjusted Performance of 0.1769 and Risk Adjusted Performance of 0.0606. Global X technical analysis makes it possible for you to employ historical prices and volume momentum with intention to determine a pattern that calculates the direction of the entity future prices. In other words you can use this information to find out if the entity will indeed mirror its model of historical price patterns or the prices will eventually revert. We found nineteen technical drivers for Global X Next which can be compared to its competitors. Please check out Global X Next Jensen Alpha as well as the relationship between Potential Upside and Skewness to decide if Global X is priced fairly providing market reflects its lastminute price of 22.85 per share.
Investment Horizon  30 Days Login to change 
Global X Next Trend Analysis
Use this graph to draw trend lines for Global X Next Emerging Frontier ETF. 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 topright. 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 Next Emerging Frontier ETF applied against its price change over selected period. The best fit line has a slop of 0.0033 % which means Global X Next Emerging Frontier ETF will continue generating value for investors. It has 34 observation points and a regression sum of squares at 0.01, which is the sum of squared deviations for the predicted Global X price change compared to its average price change.Global X Next Emerging Frontier ETF is rated # 3 ETF in mean deviation as compared to similar ETFs. It is rated # 3 ETF in standard deviation as compared to similar ETFs creating about 1.23 of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for Global X Next Emerging Frontier ETF is roughly 1.23
Mean Deviation  ...

Technical Drivers
Global X August 23, 2017 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  0.0606  
Market Risk Adjusted Performance  0.1769  
Mean Deviation  0.6395  
Semi Deviation  0.6185  
Downside Deviation  0.7308  
Coefficient Of Variation  830.05  
Standard Deviation  0.7839  
Variance  0.6145  
Information Ratio  0.0158  
Jensen Alpha  0.048  
Total Risk Alpha  (0.04)  
Sortino Ratio  0.0169  
Treynor Ratio  0.1669  
Maximum Drawdown  2.56  
Value At Risk  (1.07)  
Potential Upside  1.15  
Downside Variance  0.5341  
Semi Variance  0.3825  
Expected Short fall  (0.80)  
Skewness  (0.10)  
Kurtosis  (0.80) 
One Year Return
Global X Next One Year Return
Based on recorded statements Global X Next Emerging Frontier ETF has One Year Return of 10.35%. This is 228.57% lower than that of the Global X Funds family, and 220.0% lower than that of Diversified Emerging Mkts category, The One Year Return for all etfs is 928.0% lower than the firm.
Year Return 
Fundamentals Correlations
Analyze Global X Fundamentals Trends