The entity secures Beta (Market Risk) of 0.0 which conveys that the returns on MARKET and NASDAQ DM are completely uncorrelated. Although it is vital to follow to NASDAQ DM Europe 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 DM Europe technical indicators you can now evaluate if the expected return of 0.4359% will be sustainable into the future.
|Horizon||30 Days Login to change|
NASDAQ DM Europe Relative Risk vs. Return LandscapeIf you would invest 143,145 in NASDAQ DM Europe Utilities EUR on September 22, 2019 and sell it today you would earn a total of 1,878 from holding NASDAQ DM Europe Utilities EUR or generate 1.31% return on investment over 30 days. NASDAQ DM Europe Utilities EUR is generating 0.4359% of daily returns and assumes 0.3775% volatility on return distribution over the 30 days horizon. Simply put, 3% of equities are less volatile than NASDAQ DM and 92% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
NASDAQ DM Market Risk Analysis
Sharpe Ratio = 1.1547
NASDAQ DM Relative Performance Indicators
Estimated Market Risk