NASDAQ EM Performance

NQEMMEA1300N -- USA Index  

 694.63  6.68  0.97%

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 Landscape

If 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 (%) 
      Risk (%) 
Assuming 30 trading days horizon, NASDAQ EM is expected to generate 0.69 times more return on investment than the market. However, the company is 1.44 times less risky than the market. It trades about 0.71 of its potential returns per unit of risk. The DOW is currently generating roughly -0.03 per unit of risk.

NASDAQ EM Market Risk Analysis

Sharpe Ratio = 0.7071
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NASDAQ EM Relative Performance Indicators

Estimated Market Risk
  actual daily
 6 %
of total potential
Expected Return
  actual daily
 9 %
of total potential
Risk-Adjusted Return
  actual daily
 47 %
of total potential
Based on monthly moving average NASDAQ EM is performing at about 47% 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 MEA is not yet fully synchronised with the market data
See also Your Current Watchlist. Please also try Price Ceiling Movement module to calculate and plot price ceiling movement for different equity instruments.