Global X Active Etf Technical Analysis
| HPR Etf | CAD 10.39 -0.06 -0.57% |
As of the 23rd of March, Global X prints 10.39 per share on the tape. Available indicator data includes Downside Deviation of 0.2609, risk adjusted performance of 0.0454, and Market Risk Adjusted Performance of 0.1668. Market dynamics are evaluated through structured indicator analysis. Indicator dispersion is evaluated across similar market participants.
Global X 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 GlobalGlobal |
What if' Analysis
Running a what-if backtest on Global X Active gives investors a practical way to test how changes in horizon, position size, or market timing might have affected the result. This becomes more informative when investors use the backtest to challenge timing assumptions rather than to search for a perfect historical entry point.
| 12/23/2025 |
| 03/23/2026 |
Allocating 0.00 to Global X on December 23, 2025 and holding to today would produce 0.00 in net return. Overall, this is a 0.0% return on investment in Global X in aggregate over 90 days. Values are based on observed price behavior across time frames. Global X has comparable peers such as Wealthsimple Developed, Vanguard Dividend, Global X, Hamilton Utilities, Vanguard FTSE, Hamilton Equity, and Invesco Canadian. The investment seeks to provide dividend income while preserving capital by investing primarily in preferred shares of C... More
Global X Upside and Downside Indicators Signals
Upside and downside measures for Global X frame directional pressure and range behavior. All figures reflect recorded trading activity across periods.
| Downside Deviation | 0.2609 | |||
| Information Ratio | 0.5112 | |||
| Maximum Drawdown | 0.9616 | |||
| Value At Risk | -0.38 | |||
| Potential Upside | 0.2899 |
Global X Market Risk Indicators Dashboard
For Global X, these risk indicators capture historical volatility and return dispersion patterns. All observations are drawn from recorded market transactions and price feeds.| Risk Adjusted Performance | 0.0454 | |||
| Jensen Alpha | 0.0151 | |||
| Total Risk Alpha | 0.0351 | |||
| Sortino Ratio | 0.4126 | |||
| Treynor Ratio | 0.1568 |
The mean reversion effect in Global X is stronger when the initial deviation was driven by sentiment rather than fundamentals. Such deviations have sometimes corrected when the initial catalyst fades, though timing remains uncertain. The degree to which Global X's exhibits mean reversion depends on how efficiently the market prices new information. Short-term deviations can persist and even widen before correcting, making position sizing critical.
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 | 0.0454 | |||
| Market Risk Adjusted Performance | 0.1668 | |||
| Mean Deviation | 0.161 | |||
| Semi Deviation | 0.1409 | |||
| Downside Deviation | 0.2609 | |||
| Coefficient Of Variation | 1091.11 | |||
| Standard Deviation | 0.2106 | |||
| Variance | 0.0443 | |||
| Information Ratio | 0.5112 | |||
| Jensen Alpha | 0.0151 | |||
| Total Risk Alpha | 0.0351 | |||
| Sortino Ratio | 0.4126 | |||
| Treynor Ratio | 0.1568 | |||
| Maximum Drawdown | 0.9616 | |||
| Value At Risk | -0.38 | |||
| Potential Upside | 0.2899 | |||
| Downside Variance | 0.068 | |||
| Semi Variance | 0.0199 | |||
| Expected Short fall | -0.20 | |||
| Skewness | -0.51 | |||
| Kurtosis | 0.498 |
Global X Active Backtested Returns
Global X holds a very low volatility profile within the selected horizon. It maintains a Sharpe Ratio (Efficiency) of 0.0329, representing adjusted performance consistency. We identified thirty technical indicators influencing the company's volatility profile. Please examine metrics such as Downside Deviation of 0.2609, risk-adjusted performance of 0.0454, and market risk-adjusted performance of 0.1668 to confirm risk-return consistency. The etf shows a Market Sensitivity (Beta) of 0.0593, which alludes to very low measured sensitivity to broad market movements. With a sub-1 beta, Global X typically participates in market rallies at a reduced pace while often limiting downside exposure.
Auto-correlation | 0.66 |
Good predictability
Comparing Global X's price behavior from 23rd of December 2025 to 6th of February 2026 with the period from 6th of February 2026 to 23rd of March 2026 produces good predictability. The stronger the relationship between the current interval and its lagged values, the more accurately future price behavior of Global X Active may be projected. The coefficient of 0.66 links around 66.0% of Global X's present price action to its own historical movements.
| Correlation Coefficient | 0.66 | |
| Spearman Rank Test | 0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Technical analysis for Global X examines price and volume patterns over time. The approach includes tools such as moving averages and relative strength indicators.
Technical Analysis
This analysis covers thirty-seven data points across the selected time horizon. 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 Active volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Technical Analysis Methodology & Indicators
Technical analysis of Global X evaluates traded price structure, volume, and spread stability relative to NAV behavior. Momentum regimes can shift quickly when liquidity conditions change.
Macroaxis compiles Global X Active metrics from fund disclosures and market reference feeds and applies consistent transformation rules before display. Not all fields update in real time.
This content is curated and reviewed by:
Raphi Shpitalnik - Junior Member of Macroaxis Editorial BoardGlobal X Technical Indicators
Technical analysis of Global X Active is useful because it frames whether the current trend still looks durable or is beginning to weaken. The stronger process confirms one signal with others instead of reacting to one pattern in isolation.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0454 | |||
| Market Risk Adjusted Performance | 0.1668 | |||
| Mean Deviation | 0.161 | |||
| Semi Deviation | 0.1409 | |||
| Downside Deviation | 0.2609 | |||
| Coefficient Of Variation | 1091.11 | |||
| Standard Deviation | 0.2106 | |||
| Variance | 0.0443 | |||
| Information Ratio | 0.5112 | |||
| Jensen Alpha | 0.0151 | |||
| Total Risk Alpha | 0.0351 | |||
| Sortino Ratio | 0.4126 | |||
| Treynor Ratio | 0.1568 | |||
| Maximum Drawdown | 0.9616 | |||
| Value At Risk | -0.38 | |||
| Potential Upside | 0.2899 | |||
| Downside Variance | 0.068 | |||
| Semi Variance | 0.0199 | |||
| Expected Short fall | -0.20 | |||
| Skewness | -0.51 | |||
| Kurtosis | 0.498 |
March 23, 2026 Daily Trend Indicators
Technical analysis of Global X Active is useful because it frames whether the current trend still looks durable or is beginning to weaken. The stronger process confirms one signal with others instead of reacting to one pattern in isolation.
| Accumulation Distribution | 0.01 | ||
| Daily Balance Of Power | -0.46 | ||
| Rate Of Daily Change | 0.99 | ||
| Day Median Price | 10.45 | ||
| Day Typical Price | 10.43 | ||
| Price Action Indicator | -0.08 | ||
| Market Facilitation Index | 0.13 |
More Resources for Global Etf Analysis
Other Information on Investing in Global Etf
Financial ratios represent how different financial values are linked for Global X. They reflect how financial results tie into valuation measures.