NASDAQ Developed Performance

NQDM4000JPYN -- USA Index  

 2,030  1.52  0.07%

The entity secures Beta (Market Risk) of 0.0 which conveys that the returns on MARKET and NASDAQ Developed are completely uncorrelated. Although it is extremely important to respect NASDAQ Developed Health 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 Developed Health technical indicators you can now evaluate if the expected return of 0.1887% will be sustainable into the future.
Horizon     30 Days    Login   to change

NASDAQ Developed Health Relative Risk vs. Return Landscape

If you would invest  191,785  in NASDAQ Developed Health Care JP on October 16, 2019 and sell it today you would earn a total of  11,213  from holding NASDAQ Developed Health Care JP or generate 5.85% return on investment over 30 days. NASDAQ Developed Health Care JP is generating 0.1887% of daily returns and assumes 1.0395% volatility on return distribution over the 30 days horizon. Simply put, 9% of equities are less volatile than NASDAQ Developed and 97% 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 Developed is expected to generate 1.43 times more return on investment than the market. However, the company is 1.43 times more volatile than its market benchmark. It trades about 0.18 of its potential returns per unit of risk. The DOW is currently generating roughly 0.14 per unit of risk.

NASDAQ Developed Market Risk Analysis

Sharpe Ratio = 0.1815
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NASDAQ Developed Relative Performance Indicators

Estimated Market Risk
  actual daily
 9 %
of total potential
Expected Return
  actual daily
 3 %
of total potential
Risk-Adjusted Return
  actual daily
 12 %
of total potential
Based on monthly moving average NASDAQ Developed is performing at about 12% 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 Developed by adding it to a well-diversified portfolio.