NASDAQ Italy (Italy) Performance

NQI
NQIT -- Italy Index  

 1,208  6.90  0.57%

The entity secures Beta (Market Risk) of 0.0 which conveys that the returns on MARKET and NASDAQ Italy are completely uncorrelated. Although it is extremely important to respect NASDAQ Italy price patterns, it is better to be realistic regarding the information on equity historical price patterns. The approach into 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 inspecting NASDAQ Italy technical indicators you can now evaluate if the expected return of 0.0799% will be sustainable into the future.
Horizon     30 Days    Login   to change

NASDAQ Italy Relative Risk vs. Return Landscape

If you would invest  113,373  in NASDAQ Italy on December 21, 2019 and sell it today you would earn a total of  7,068  from holding NASDAQ Italy or generate 6.23% return on investment over 30 days. NASDAQ Italy is currently producing 0.0799% returns and takes up 0.8162% volatility of returns over 30 trading days. Put another way, 7% of traded equities are less volatile than the company and 99% 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 Italy is expected to generate 1.86 times less return on investment than the market. In addition to that, the company is 1.73 times more volatile than its market benchmark. It trades about 0.1 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.31 per unit of volatility.

NASDAQ Italy Market Risk Analysis

Sharpe Ratio = 0.0979
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NASDAQ Italy Relative Performance Indicators

Estimated Market Risk
 0.82
  actual daily
 
 7 %
of total potential
 
77
Expected Return
 0.08
  actual daily
 
 1 %
of total potential
 
11
Risk-Adjusted Return
 0.1
  actual daily
 
 6 %
of total potential
 
66
Based on monthly moving average NASDAQ Italy is performing at about 6% 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 Italy by adding it to a well-diversified portfolio.
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