The index secures Beta (Market Risk) of 0.0 which conveys that the returns on MARKET and NASDAQ Emerging are completely uncorrelated. Although it is extremely important to respect NASDAQ Emerging price patterns, it is better to be realistic regarding the information on equity historical price patterns. The philosophy towards 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 analyzing NASDAQ Emerging technical indicators you can presently evaluate if the expected return of 0.0% will be sustainable into the future.
|Horizon||30 Days Login to change|
NASDAQ Emerging Relative Risk vs. Return LandscapeIf you would invest 94,298 in The NASDAQ Emerging Markets Ind on September 17, 2019 and sell it today you would earn a total of 0.00 from holding The NASDAQ Emerging Markets Ind or generate 0.0% return on investment over 30 days. The NASDAQ Emerging Markets Ind is generating negative expected returns and assumes 0.0% volatility on return distribution over the 30 days horizon. Simply put, 0% of equities are less volatile than NASDAQ Emerging and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
NASDAQ Emerging Market Risk Analysis
Sharpe Ratio = 0.0