The entity secures Beta (Market Risk) of 0.0 which conveys that the returns on MARKET and NASDAQ Europe are completely uncorrelated. Although it is extremely important to respect NASDAQ Europe AUD 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 Europe AUD technical indicators you can now evaluate if the expected return of 0.1438% will be sustainable into the future.
|Horizon||30 Days Login to change|
NASDAQ Europe AUD Relative Risk vs. Return LandscapeIf you would invest 172,216 in NASDAQ Europe AUD NTR Index on September 22, 2019 and sell it today you would earn a total of 981.00 from holding NASDAQ Europe AUD NTR Index or generate 0.57% return on investment over 30 days. NASDAQ Europe AUD NTR Index is generating 0.1438% of daily returns and assumes 0.672% volatility on return distribution over the 30 days horizon. Simply put, 6% of equities are less volatile than NASDAQ Europe and 98% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
NASDAQ Europe Market Risk Analysis
Sharpe Ratio = 0.214
NASDAQ Europe Relative Performance Indicators
Estimated Market Risk