NASDAQ Italy Performance

NQIT8000LMAUD -- USA Index  

 859.00  10.91  1.29%

The entity secures Beta (Market Risk) of 0.0 which conveys that the returns on MARKET and NASDAQ Italy are completely uncorrelated. Although it is vital to follow to NASDAQ Italy Financials price patterns, it is good to be conservative about what you can actually do with the information regarding 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 Italy Financials technical indicators you can now evaluate if the expected return of 0.3827% will be sustainable into the future.
Horizon     30 Days    Login   to change

NASDAQ Italy Financials Relative Risk vs. Return Landscape

If you would invest  75,777  in NASDAQ Italy Financials Lg Md C on October 16, 2019 and sell it today you would earn a total of  10,123  from holding NASDAQ Italy Financials Lg Md C or generate 13.36% return on investment over 30 days. NASDAQ Italy Financials Lg Md C is generating 0.3827% of daily returns and assumes 1.6641% volatility on return distribution over the 30 days horizon. Simply put, 14% of equities are less volatile than NASDAQ Italy and 93% 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 Italy is expected to generate 2.3 times more return on investment than the market. However, the company is 2.3 times more volatile than its market benchmark. It trades about 0.23 of its potential returns per unit of risk. The DOW is currently generating roughly 0.14 per unit of risk.

NASDAQ Italy Market Risk Analysis

Sharpe Ratio = 0.2299
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NASDAQ Italy Relative Performance Indicators

Estimated Market Risk
  actual daily
 14 %
of total potential
Expected Return
  actual daily
 7 %
of total potential
Risk-Adjusted Return
  actual daily
 15 %
of total potential
Based on monthly moving average NASDAQ Italy is performing at about 15% 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 Italy by adding it to a well-diversified portfolio.

NASDAQ Italy Alerts

Equity Alerts and Improvement Suggestions

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