NASDAQ EM Performance

NQEMMEA1300T -- USA Index  

 673.12  38.40  5.40%

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.
Horizon     30 Days    Login   to change

NASDAQ EM MEA Relative Risk vs. Return Landscape

If 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 (%) 
      Risk (%) 
Assuming 30 trading days horizon, NASDAQ EM is expected to under-perform the market. In addition to that, the company is 3.81 times more volatile than its market benchmark. It trades about -0.04 of its total potential returns per unit of risk. The DOW is currently generating roughly -0.02 per unit of volatility.

NASDAQ EM Market Risk Analysis

Sharpe Ratio = -0.0404
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NASDAQ EM Relative Performance Indicators

Estimated Market Risk
  actual daily
 33 %
of total potential
Expected Return
  actual daily
 0 %
of total potential
Risk-Adjusted Return
  actual daily
 0 %
of total potential
Based on monthly moving average NASDAQ EM is performing at about 0% 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
NASDAQ EM MEA generates negative expected return over the last 30 days
NASDAQ EM MEA has high historical volatility and very poor performance
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