The entity secures Beta (Market Risk) of 0.0 which conveys that the returns on MARKET and NASDAQ Chile are completely uncorrelated. Although it is extremely important to respect NASDAQ Chile Cnsmr 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 Chile Cnsmr technical indicators you can now evaluate if the expected return of 0.1674% will be sustainable into the future.
|Horizon||30 Days Login to change|
NASDAQ Chile Cnsmr Relative Risk vs. Return LandscapeIf you would invest 72,297 in NASDAQ Chile Cnsmr Svcs CAD NTR on September 17, 2019 and sell it today you would earn a total of 242.00 from holding NASDAQ Chile Cnsmr Svcs CAD NTR or generate 0.33% return on investment over 30 days. NASDAQ Chile Cnsmr Svcs CAD NTR is generating 0.1674% of daily returns and assumes 0.2367% volatility on return distribution over the 30 days horizon. Simply put, 2% of equities are less volatile than NASDAQ Chile and 97% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
NASDAQ Chile Market Risk Analysis
Sharpe Ratio = 0.7071
NASDAQ Chile Relative Performance Indicators
Estimated Market Risk