The entity secures Beta (Market Risk) of 0.0 which conveys that the returns on MARKET and NASDAQ MEA are completely uncorrelated. Although it is vital to follow to NASDAQ MEA Real 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-one technical indicators for NASDAQ MEA which you can use to evaluate performance of the entity.
|Horizon||30 Days Login to change|
NASDAQ MEA Real Relative Risk vs. Return LandscapeIf you would invest 120,338 in NASDAQ MEA Real Estate JPY NTR on September 23, 2019 and sell it today you would earn a total of 1,326 from holding NASDAQ MEA Real Estate JPY NTR or generate 1.1% return on investment over 30 days. NASDAQ MEA Real Estate JPY NTR is generating 0.551% of daily returns and assumes 0.7792% volatility on return distribution over the 30 days horizon. Simply put, 6% of equities are less volatile than NASDAQ MEA and 90% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
NASDAQ MEA Market Risk Analysis
Sharpe Ratio = 0.7071
NASDAQ MEA Relative Performance Indicators
Estimated Market Risk