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 LandscapeIf 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 (%)
NASDAQ Korea Market Risk Analysis
Sharpe Ratio = 0.7071
NASDAQ Korea Relative Performance Indicators
Estimated Market Risk