NASDAQ Asia Performance

NQASIA3000LMAUDT -- USA Index  

 1,843  14.78  0.81%

The entity secures Beta (Market Risk) of 0.0 which conveys that the returns on MARKET and NASDAQ Asia are completely uncorrelated. Although it is vital to follow to NASDAQ Asia Cnsmr price patterns, it is good to be conservative about what you can actually do with the information regarding 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 Asia Cnsmr technical indicators you can now evaluate if the expected return of 0.4042% will be sustainable into the future.
Horizon     30 Days    Login   to change

NASDAQ Asia Cnsmr Relative Risk vs. Return Landscape

If you would invest  182,858  in NASDAQ Asia Cnsmr Goods Lg Md C on September 21, 2019 and sell it today you would earn a total of  1,478  from holding NASDAQ Asia Cnsmr Goods Lg Md C or generate 0.81% return on investment over 30 days. NASDAQ Asia Cnsmr Goods Lg Md C is generating 0.4042% of daily returns and assumes 0.5716% volatility on return distribution over the 30 days horizon. Simply put, 5% of equities are less volatile than NASDAQ Asia and 93% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming 30 trading days horizon, NASDAQ Asia is expected to generate 0.58 times more return on investment than the market. However, the company is 1.73 times less risky than the market. It trades about 0.71 of its potential returns per unit of risk. The DOW is currently generating roughly -0.03 per unit of risk.

NASDAQ Asia Market Risk Analysis

Sharpe Ratio = 0.7071
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NASDAQ Asia Relative Performance Indicators

Estimated Market Risk
 0.57
  actual daily
 
 5 %
of total potential
 
55
Expected Return
 0.4
  actual daily
 
 7 %
of total potential
 
77
Risk-Adjusted Return
 0.71
  actual daily
 
 47 %
of total potential
 
4747
Based on monthly moving average NASDAQ Asia is performing at about 47% 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 Asia by adding it to a well-diversified portfolio.

NASDAQ Asia Alerts

Equity Alerts and Improvement Suggestions

NASDAQ Asia Cnsmr is not yet fully synchronised with the market data
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