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 extremely important to respect NASDAQ DM MEA 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 DM MEA technical indicators you can now evaluate if the expected return of 0.0465% will be sustainable into the future.
|Horizon||30 Days Login to change|
NASDAQ DM MEA Relative Risk vs. Return LandscapeIf you would invest 196,620 in NASDAQ DM MEA Financials Lg Md on September 21, 2019 and sell it today you would earn a total of 273.00 from holding NASDAQ DM MEA Financials Lg Md or generate 0.14% return on investment over 30 days. NASDAQ DM MEA Financials Lg Md is generating 0.0465% of daily returns and assumes 0.2787% volatility on return distribution over the 30 days horizon. Simply put, 2% of equities are less volatile than NASDAQ DM and 99% 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 = 0.1669
NASDAQ DM Relative Performance Indicators
Estimated Market Risk