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 vital to follow to NASDAQ Korea Large 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. We have found twenty-eight technical indicators for NASDAQ Korea which you can use to evaluate performance of the entity.
|Horizon||30 Days Login to change|
NASDAQ Korea Large Relative Risk vs. Return LandscapeIf you would invest 122,008 in NASDAQ Korea Large Mid Cap JPY on September 23, 2019 and sell it today you would earn a total of 4,646 from holding NASDAQ Korea Large Mid Cap JPY or generate 3.81% return on investment over 30 days. NASDAQ Korea Large Mid Cap JPY is generating 0.9514% of daily returns and assumes 1.8514% volatility on return distribution over the 30 days horizon. Simply put, 16% of equities are less volatile than NASDAQ Korea and 82% 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 = 0.5139
NASDAQ Korea Relative Performance Indicators
Estimated Market Risk