Global X Technical Analysis

Global X Next Emerging Frontier ETF -- USA Etf  

USD 25.28  0.28  1.12%

Global X Next Emerging Frontier ETF retains Market Risk Adjusted Performance of 0.052224 and Risk Adjusted Performance of 0.042856. 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 last-minute price of 25.28 per share.
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Global X Next Technical Analysis

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The output start index for this execution was ten with a total number of output elements of 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 Next volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.

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 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 Next Emerging Frontier ETF applied against its price change over selected period. The best fit line has a slop of 0.07 % which may suggest that Global X Next Emerging Frontier ETF market price will keep on failing further. It has 34 observation points and a regression sum of squares at 4.18, which is the sum of squared deviations for the predicted Global X price change compared to its average price change.

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Money Flow Index

Determine momentum by analyzing Money Flow Index and other technical indicators
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Global X Next Emerging Frontier ETF is rated below average in mean deviation as compared to similar ETFs. It is currently under evaluation in standard deviation as compared to similar ETFs creating about  1.26  of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for Global X Next Emerging Frontier ETF is roughly  1.26 

One Year Return

Global X Next One Year Return
Based on recorded statements Global X Next Emerging Frontier ETF has One Year Return of 32.12%. This is 499.01% lower than that of the Global X Funds family, and 472.41% lower than that of Diversified Emerging Mkts category, The One Year Return for all etfs is 2669.6% lower than the firm.
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Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.

Global X Market Strength

Global X February 18, 2018 Daily Price Condition