NASDAQ MEA Performance

NQMEA8600JPYN -- USA Index  

 1,217  13.26  1.10%

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 Landscape

If 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 (%) 
      Risk (%) 
Assuming 30 trading days horizon, NASDAQ MEA is expected to generate 0.79 times more return on investment than the market. However, the company is 1.27 times less risky than the market. It trades about 0.71 of its potential returns per unit of risk. The DOW is currently generating roughly -0.01 per unit of risk.

NASDAQ MEA Market Risk Analysis

Sharpe Ratio = 0.7071
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NASDAQ MEA Relative Performance Indicators

Estimated Market Risk
  actual daily
 6 %
of total potential
Expected Return
  actual daily
 10 %
of total potential
Risk-Adjusted Return
  actual daily
 47 %
of total potential
Based on monthly moving average NASDAQ MEA 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 MEA by adding it to a well-diversified portfolio.


Equity Alerts and Improvement Suggestions

NASDAQ MEA Real is not yet fully synchronised with the market data
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