The entity secures Beta (Market Risk) of 0.0 which conveys that the returns on MARKET and NASDAQ EM are completely uncorrelated. Even though it is essential to pay attention to NASDAQ EM MEA price patterns, it is always good to be careful when utilizing equity historical price patterns. Macroaxis approach into estimating future performance of any index is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. NASDAQ EM exposes twenty-seven different technical indicators which can help you to evaluate its performance.
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NASDAQ EM MEA Relative Risk vs. Return LandscapeIf you would invest 67,870 in NASDAQ EM MEA Chemicals TR Inde on September 22, 2019 and sell it today you would lose (558.00) from holding NASDAQ EM MEA Chemicals TR Inde or give up 0.82% of portfolio value over 30 days. NASDAQ EM MEA Chemicals TR Inde is generating negative expected returns and assumes 3.7666% volatility on return distribution over the 30 days horizon. Simply put, 33% of equities are less volatile than NASDAQ EM and 99% 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 = -0.0404
NASDAQ EM Relative Performance Indicators
Estimated Market Risk