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 LandscapeIf 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 (%)
NASDAQ EM Market Risk Analysis
Sharpe Ratio = 1.1042
NASDAQ EM Relative Performance Indicators
Estimated Market Risk