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 extremely important to respect NASDAQ EM MEA price patterns, it is better to be realistic regarding the information on 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 0.1734% will be sustainable into the future.
|Horizon||30 Days Login to change|
NASDAQ EM MEA Relative Risk vs. Return LandscapeIf you would invest 116,504 in NASDAQ EM MEA Large Mid Cap JPY on September 17, 2019 and sell it today you would earn a total of 404.00 from holding NASDAQ EM MEA Large Mid Cap JPY or generate 0.35% return on investment over 30 days. NASDAQ EM MEA Large Mid Cap JPY is generating 0.1734% of daily returns and assumes 0.2452% volatility on return distribution over the 30 days horizon. Simply put, 2% of equities are less volatile than NASDAQ EM and 97% 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