The entity secures Beta (Market Risk) of 0.0 which conveys that the returns on MARKET and NASDAQ EM are completely uncorrelated. Even though it is essential to pay attention to NASDAQ EM Asia price patterns, it is always good to be careful when utilizing equity historical price patterns. Macroaxis approach into estimating future performance of any index is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. NASDAQ EM exposes twenty-one different technical indicators which can help you to evaluate its performance.
|Horizon||30 Days Login to change|
NASDAQ EM Asia Relative Risk vs. Return LandscapeIf you would invest 188,367 in NASDAQ EM Asia CAD NTR Index on September 23, 2019 and sell it today you would lose (68.00) from holding NASDAQ EM Asia CAD NTR Index or give up 0.04% of portfolio value over 30 days. NASDAQ EM Asia CAD NTR Index is generating negative expected returns and assumes 0.0255% volatility on return distribution over the 30 days horizon. Simply put, 0% of equities are less volatile than NASDAQ EM and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
NASDAQ EM Market Risk Analysis
Sharpe Ratio = -0.7071