Global Gold Fund Technical Analysis

As of the 26th of April, Global Gold retains the Market Risk Adjusted Performance of 0.2763, downside deviation of 1.76, and Risk Adjusted Performance of 0.1209. Global Gold technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the entity's future prices. Simply put, 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 were able to interpolate nineteen technical drivers for Global Gold Fund, which can be compared to its competitors. Please check out Global Gold Fund coefficient of variation, maximum drawdown, as well as the relationship between the Maximum Drawdown and skewness to decide if Global Gold is priced fairly, providing market reflects its last-minute price of 0.0 per share.

Global Gold 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 Global
  
Global Gold's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Global Gold technical mutual fund 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, fund market cycles, or different charting patterns.
A focus of Global Gold technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Global Gold trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Global Gold Fund Technical Analysis

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Global Gold Fund Trend Analysis

Use this graph to draw trend lines for Global Gold Fund. You can use it to identify possible trend reversals for Global Gold 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 Gold price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Global Gold Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Global Gold Fund applied against its price change over selected period. The best fit line has a slop of   NaN  , . It has 0 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Global Gold price change compared to its average price change.

Global Gold April 26, 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.

Global Gold Fund One Year Return

Based on the recorded statements, Global Gold Fund has an One Year Return of 1.3976%. This is 477.73% lower than that of the American Century Investments family and significantly higher than that of the Equity Precious Metals category. The one year return for all United States funds is notably lower than that of the firm.
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 Gold April 26, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Global stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Global Gold Fund. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Please note, there is a significant difference between Global Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Global Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Global Gold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.