NASDAQ Denmark Performance

NQDKMCAUDT -- USA Index  

 3,219  36.39  1.14%

The entity secures Beta (Market Risk) of 0.0 which conveys that the returns on MARKET and NASDAQ Denmark are completely uncorrelated. Although it is extremely important to respect NASDAQ Denmark Mid 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 Denmark Mid technical indicators you can now evaluate if the expected return of 0.1458% will be sustainable into the future.
Horizon     30 Days    Login   to change

NASDAQ Denmark Mid Relative Risk vs. Return Landscape

If you would invest  312,913  in NASDAQ Denmark Mid Cap AUD TR I on October 20, 2019 and sell it today you would earn a total of  8,961  from holding NASDAQ Denmark Mid Cap AUD TR I or generate 2.86% return on investment over 30 days. NASDAQ Denmark Mid Cap AUD TR I is generating 0.1458% of daily returns and assumes 1.5309% volatility on return distribution over the 30 days horizon. Simply put, 13% of equities are less volatile than NASDAQ Denmark and 98% 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 Denmark is expected to generate 2.13 times more return on investment than the market. However, the company is 2.13 times more volatile than its market benchmark. It trades about 0.1 of its potential returns per unit of risk. The DOW is currently generating roughly 0.15 per unit of risk.

NASDAQ Denmark Market Risk Analysis

Sharpe Ratio = 0.0952
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NASDAQ Denmark Relative Performance Indicators

Estimated Market Risk
 1.53
  actual daily
 
 13 %
of total potential
 
1313
Expected Return
 0.15
  actual daily
 
 2 %
of total potential
 
22
Risk-Adjusted Return
 0.1
  actual daily
 
 6 %
of total potential
 
66
Based on monthly moving average NASDAQ Denmark 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 Denmark by adding it to a well-diversified portfolio.

NASDAQ Denmark Alerts

Equity Alerts and Improvement Suggestions

NASDAQ Denmark Mid is not yet fully synchronised with the market data
See also Your Current Watchlist. Please also try Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
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