Global X FinTech ETF retains Downside Deviation of 1.31, Market Risk Adjusted Performance of 0.1507 and Risk Adjusted Performance of 0.0636. 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 FinTech which can be compared to its competitors. Please check out Global X FinTech Coefficient Of Variation, Maximum Drawdown as well as the relationship between Maximum Drawdown and Skewness to decide if Global X is priced fairly providing market reflects its last-minute price of 21.98 per share.
|Investment Horizon||30 Days Login to change|
Global X FinTech Trend AnalysisUse this graph to draw trend lines for Global X FinTech 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 LineThe following chart estimates an ordinary least squares regression model for Global X FinTech ETF applied against its price change over selected period. The best fit line has a slop of 0.01 % which may suggest that Global X FinTech ETF market price will keep on failing further. It has 34 observation points and a regression sum of squares at 0.08, which is the sum of squared deviations for the predicted Global X price change compared to its average price change.
Check effects of mean-variance optimization against your current asset allocation
|Hide View All Next||Launch Performance Analysis|