The entity secures Beta (Market Risk) of 0.0 which conveys that the returns on MARKET and NASDAQ Mexico are completely uncorrelated. Although it is vital to follow to NASDAQ Mexico Basic 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-seven technical indicators for NASDAQ Mexico which you can use to evaluate performance of the entity.
|Horizon||30 Days Login to change|
NASDAQ Mexico Basic Relative Risk vs. Return LandscapeIf you would invest 84,201 in NASDAQ Mexico Basic Matls EUR T on September 23, 2019 and sell it today you would earn a total of 2,072 from holding NASDAQ Mexico Basic Matls EUR T or generate 2.46% return on investment over 30 days. NASDAQ Mexico Basic Matls EUR T is generating 0.6117% of daily returns and assumes 0.7395% volatility on return distribution over the 30 days horizon. Simply put, 6% of equities are less volatile than NASDAQ Mexico and 89% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
NASDAQ Mexico Market Risk Analysis
Sharpe Ratio = 0.8271
NASDAQ Mexico Relative Performance Indicators
Estimated Market Risk