NASDAQ Korea Performance

NQKR0001EURT -- USA Index  

 1,514  31.36  2.11%

The entity secures Beta (Market Risk) of 0.0 which conveys that the returns on MARKET and NASDAQ Korea are completely uncorrelated. Although it is essential to pay attention to NASDAQ Korea Oil price patterns, it is also good to be reasonable about what you can actually do with equity historical price patterns. Macroaxis approach into estimating future performance of any index is to look not only at its past charts but also at the business as a whole, including all fundamental and technical indicators. To evaluate if NASDAQ Korea expected return of 1.7209 will be sustainable into the future, we have found twenty-eight different technical indicators which can help you to check if the expected returns are sustainable.
Horizon     30 Days    Login   to change

NASDAQ Korea Oil Relative Risk vs. Return Landscape

If you would invest  146,405  in NASDAQ Korea Oil Gas EUR TR I on September 23, 2019 and sell it today you would earn a total of  5,039  from holding NASDAQ Korea Oil Gas EUR TR I or generate 3.44% return on investment over 30 days. NASDAQ Korea Oil Gas EUR TR I is generating 1.7209% of daily returns and assumes 2.4337% volatility on return distribution over the 30 days horizon. Simply put, 21% of equities are less volatile than NASDAQ Korea and 68% 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 Korea is expected to generate 2.45 times more return on investment than the market. However, the company is 2.45 times more volatile than its market benchmark. It trades about 0.71 of its potential returns per unit of risk. The DOW is currently generating roughly -0.02 per unit of risk.

NASDAQ Korea Market Risk Analysis

Sharpe Ratio = 0.7071
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NASDAQ Korea Relative Performance Indicators

Estimated Market Risk
 2.43
  actual daily
 
 21 %
of total potential
 
2121
Expected Return
 1.72
  actual daily
 
 32 %
of total potential
 
3232
Risk-Adjusted Return
 0.71
  actual daily
 
 47 %
of total potential
 
4747
Based on monthly moving average NASDAQ Korea is performing at about 47% 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 Korea by adding it to a well-diversified portfolio.

NASDAQ Korea Alerts

Equity Alerts and Improvement Suggestions

NASDAQ Korea Oil is not yet fully synchronised with the market data
See also Your Current Watchlist. Please also try Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
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