Nasdaq Performance

IXIC -- USA Index  

 9,315  87.57  0.93%

The index secures Beta (Market Risk) of 0.0 which conveys that the returns on MARKET and Nasdaq are completely uncorrelated. Although it is extremely important to respect Nasdaq price patterns, it is better to be realistic regarding the information on equity historical price patterns. The philosophy towards estimating future performance of any index is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By analyzing Nasdaq technical indicators you can presently evaluate if the expected return of 0.1769% will be sustainable into the future.
Horizon     30 Days    Login   to change

Nasdaq Relative Risk vs. Return Landscape

If you would invest  832,599  in Nasdaq on December 27, 2019 and sell it today you would earn a total of  98,892  from holding Nasdaq or generate 11.88% return on investment over 30 days. Nasdaq is currently producing 0.1769% returns and takes up 0.5369% volatility of returns over 30 trading days. Put another way, 4% of traded equities are less volatile than the company and 97% of traded equity instruments are likely to generate higher returns over the next 30 trading days.
 Daily Expected Return (%) 
  Risk (%) 
Assuming 30 trading days horizon, Nasdaq is expected to generate 1.12 times more return on investment than the market. However, the company is 1.12 times more volatile than its market benchmark. It trades about 0.33 of its potential returns per unit of risk. The DOW is currently generating roughly 0.23 per unit of risk.

Nasdaq Market Risk Analysis

Sharpe Ratio = 0.3295
Good Returns
Average Returns
Small ReturnsIXIC
Negative Returns

Nasdaq Relative Performance Indicators

Estimated Market Risk
  actual daily
 4 %
of total potential
Expected Return
  actual daily
 3 %
of total potential
Risk-Adjusted Return
  actual daily
 22 %
of total potential
Based on monthly moving average Nasdaq is performing at about 22% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Nasdaq by adding it to a well-diversified portfolio.
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