NASDAQ EM Performance

NQEMEU8300JPYT -- USA Index  

 859.57  15.63  1.85%

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. Macroaxis approach into estimating future performance of any index is to look not only at its past charts but also at the business as a whole, including all fundamental and technical indicators. To evaluate if NASDAQ EM expected return of 1.4995 will be sustainable into the future, we have found twenty-one different technical indicators which can help you to check if the expected returns are sustainable.
Horizon     30 Days    Login   to change

NASDAQ EM Europe Relative Risk vs. Return Landscape

If you would invest  82,218  in NASDAQ EM Europe Banks JPY TR I on September 23, 2019 and sell it today you would earn a total of  3,739  from holding NASDAQ EM Europe Banks JPY TR I or generate 4.55% return on investment over 30 days. NASDAQ EM Europe Banks JPY TR I is generating 1.4995% of daily returns and assumes 1.358% volatility on return distribution over the 30 days horizon. Simply put, 12% of equities are less volatile than NASDAQ EM and 72% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming 30 trading days horizon, NASDAQ EM is expected to generate 1.36 times more return on investment than the market. However, the company is 1.36 times more volatile than its market benchmark. It trades about 1.1 of its potential returns per unit of risk. The DOW is currently generating roughly -0.02 per unit of risk.

NASDAQ EM Market Risk Analysis

Sharpe Ratio = 1.1042
Good Returns
Average ReturnsNQEMEU8300JPYT
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NASDAQ EM Relative Performance Indicators

Estimated Market Risk
  actual daily
 12 %
of total potential
Expected Return
  actual daily
 28 %
of total potential
Risk-Adjusted Return
  actual daily
 74 %
of total potential
Based on monthly moving average NASDAQ EM is performing at about 74% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of NASDAQ EM by adding it to a well-diversified portfolio.


Equity Alerts and Improvement Suggestions

NASDAQ EM Europe is not yet fully synchronised with the market data
See also Your Current Watchlist. Please also try Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.