The entity secures Beta (Market Risk) of 0.0 which conveys that the returns on MARKET and NASDAQ EM are completely uncorrelated. Although it is vital to follow to NASDAQ EM 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. We have found twenty-eight technical indicators for NASDAQ EM which you can use to evaluate performance of the entity.
|Horizon||30 Days Login to change|
NASDAQ EM Europe Relative Risk vs. Return LandscapeIf you would invest 80,000 in NASDAQ EM Europe Banks JPY NTR on September 17, 2019 and sell it today you would earn a total of 1,027 from holding NASDAQ EM Europe Banks JPY NTR or generate 1.28% return on investment over 30 days. NASDAQ EM Europe Banks JPY NTR is generating 0.6419% of daily returns and assumes 0.9077% volatility on return distribution over the 30 days horizon. Simply put, 8% of equities are less volatile than NASDAQ EM and 88% 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
NASDAQ EM Relative Performance Indicators
Estimated Market Risk