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 extremely important to respect NASDAQ Asia Financials 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 Asia Financials technical indicators you can now evaluate if the expected return of 0.0% will be sustainable into the future.
|Horizon||30 Days Login to change|
NASDAQ Asia Financials Relative Risk vs. Return LandscapeIf you would invest 114,820 in NASDAQ Asia Financials Large Mi on September 14, 2019 and sell it today you would earn a total of 0.00 from holding NASDAQ Asia Financials Large Mi or generate 0.0% return on investment over 30 days. NASDAQ Asia Financials Large Mi is generating negative expected returns and assumes 0.0% volatility on return distribution over the 30 days horizon. Simply put, 0% of equities are less volatile than NASDAQ Asia and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
NASDAQ Asia Market Risk Analysis
Sharpe Ratio = 0.0