NASDAQ Europe Performance

NQEUAUDN -- USA Index  

 1,741  9.02  0.52%

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 Landscape

If 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 (%) 
      Risk (%) 
Assuming 30 trading days horizon, NASDAQ Europe is expected to generate 0.68 times more return on investment than the market. However, the company is 1.47 times less risky than the market. It trades about 0.21 of its potential returns per unit of risk. The DOW is currently generating roughly -0.02 per unit of risk.

NASDAQ Europe Market Risk Analysis

Sharpe Ratio = 0.214
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NASDAQ Europe Relative Performance Indicators

Estimated Market Risk
 0.67
  actual daily
 
 6 %
of total potential
 
66
Expected Return
 0.14
  actual daily
 
 2 %
of total potential
 
22
Risk-Adjusted Return
 0.21
  actual daily
 
 14 %
of total potential
 
1414
Based on monthly moving average NASDAQ Europe is performing at about 14% 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 Europe by adding it to a well-diversified portfolio.

NASDAQ Europe Alerts

Equity Alerts and Improvement Suggestions

NASDAQ Europe AUD is not yet fully synchronised with the market data
See also Your Current Watchlist. Please also try Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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