NASDAQ Japan Performance

NQJPT -- USA Index  

 1,912  4.80  0.25%

The index secures Beta (Market Risk) of 0.0 which conveys that the returns on MARKET and NASDAQ Japan are completely uncorrelated. Although it is extremely important to respect NASDAQ Japan price patterns, it is better to be realistic regarding the information on equity historical price patterns. The philosophy towards 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 analyzing NASDAQ Japan technical indicators you can presently evaluate if the expected return of 0.225% will be sustainable into the future.
Horizon     30 Days    Login   to change

NASDAQ Japan Relative Risk vs. Return Landscape

If you would invest  180,085  in The NASDAQ Japan Small Cap Inde on October 16, 2019 and sell it today you would earn a total of  11,153  from holding The NASDAQ Japan Small Cap Inde or generate 6.19% return on investment over 30 days. The NASDAQ Japan Small Cap Inde is generating 0.225% of daily returns assuming 0.6767% volatility of returns over the 30 days investment horizon. Simply put, 6% of all equities have less volatile historical return distribution than NASDAQ Japan and 96% 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 Japan is expected to generate 0.94 times more return on investment than the market. However, the company is 1.07 times less risky than the market. It trades about 0.33 of its potential returns per unit of risk. The DOW is currently generating roughly 0.14 per unit of risk.

NASDAQ Japan Market Risk Analysis

Sharpe Ratio = 0.3325
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NASDAQ Japan Relative Performance Indicators

Estimated Market Risk
 0.68
  actual daily
 
 6 %
of total potential
 
66
Expected Return
 0.23
  actual daily
 
 4 %
of total potential
 
44
Risk-Adjusted Return
 0.33
  actual daily
 
 22 %
of total potential
 
2222
Based on monthly moving average NASDAQ Japan is performing at about 22% 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 Japan by adding it to a well-diversified portfolio.

NASDAQ Japan Alerts

Equity Alerts and Improvement Suggestions

NASDAQ Japan is not yet fully synchronised with the market data
See also Your Current Watchlist. Please also try Pattern Recognition module to use different pattern recognition models to time the market across multiple global exchanges.
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