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 MEA 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. By inspecting NASDAQ EM MEA technical indicators you can now evaluate if the expected return of 0.4855% will be sustainable into the future.
|Horizon||30 Days Login to change|
NASDAQ EM MEA Relative Risk vs. Return LandscapeIf you would invest 68,795 in NASDAQ EM MEA Chemicals NTR Ind on September 21, 2019 and sell it today you would earn a total of 668.00 from holding NASDAQ EM MEA Chemicals NTR Ind or generate 0.97% return on investment over 30 days. NASDAQ EM MEA Chemicals NTR Ind is generating 0.4855% of daily returns and assumes 0.6866% volatility on return distribution over the 30 days horizon. Simply put, 6% of equities are less volatile than NASDAQ EM and 91% 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