Global X Etf Forward View - Daily Balance Of Power
| HMP Etf | CAD 9.66 -0.03 -0.31% |
Global X Active's Daily Balance Of Power reference page covers the model's projected value and error measures from recent price data. The forecast output and associated deviation metrics are shown for informational use.
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing. All Daily Balance Of Power forecast figures shown for Global X Active are reference data reflecting model output based on available historical prices. Daily Balance Of Power Analysis Today
Global X Active has current Daily Balance Of Power of -0.60. Balance of Power indicator (or BOP) measures the strength of Global X Active market sensitivity to bulls and bears. It estimates the ability of Global X buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Global X Balance of Power indicator one can determine a trend of the price direction.| Volatility | Backtest | Information Ratio |
Global X Trading Date Momentum
| On March 23 2026 Global X Active was traded for 9.66 at the closing time. The maximum traded price for the trading interval was 9.66 and the lowest daily price was 9.61 . There was no trading activity during the period. Lack of trading volume on 23rd of March 2026 did not cause price change. The overall trading delta to the closing price today is 0.00% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Other Forecasting Options for Global X
Bollinger Bands applied to Global Etf price data measure how far Global has deviated from its recent average relative to its own volatility. This distinction drives the choice of forecasting model applied to Global X's price data.Global X Related Equities
Global X's market space within the Canadian Short Term Fixed Income space is best grasped by looking at the firms listed below. Looking at Global X's pricing multiples next to these peers shows if the stock trades at a premium or discount. Finding which peers are closest to Global X in business model helps sharpen the comparison.
| Risk & Return | Correlation |
Global X Market Strength Events
For investors tracking Global X Active, market strength indicators offer quantitative evaluation of etf behavior. By using these indicators, traders can make more informed decisions about when to buy or sell Global X Active.
Global X Risk Indicators
Analyzing Global X's basic risk indicators provides investors with a structured view of the risk-return trade-off for global etf. By identifying the level of risk embedded in Global X's investment, investors can make informed decisions about position sizing.
| Mean Deviation | 0.1329 | |||
| Standard Deviation | 0.1782 | |||
| Variance | 0.0318 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Story Coverage note for Global X
A coverage review of Global X Active shows when the security is attracting above-average attention from contributors and market observers. A disciplined read of coverage separates durable relevance from temporary noise.
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Global X financial ratios describe how key financial values relate to each other. All information reflects the latest available financial data and is presented for reference purposes.