NASDAQ Malaysia Performance

NQMY7000LMEURT -- USA Index  

 1,051  3.17  0.30%

The entity secures Beta (Market Risk) of 0.0 which conveys that the returns on MARKET and NASDAQ Malaysia are completely uncorrelated. Even though it is essential to pay attention to NASDAQ Malaysia Util price patterns, it is always good to be careful when utilizing equity historical price patterns. Macroaxis approach into estimating future performance of any index is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. NASDAQ Malaysia exposes twenty-one different technical indicators which can help you to evaluate its performance.
Horizon     30 Days    Login   to change

NASDAQ Malaysia Util Relative Risk vs. Return Landscape

If you would invest  106,103  in NASDAQ Malaysia Utilities Lg Md on September 23, 2019 and sell it today you would lose (1,001)  from holding NASDAQ Malaysia Utilities Lg Md or give up 0.94% of portfolio value over 30 days. NASDAQ Malaysia Utilities Lg Md is generating negative expected returns and assumes 0.6865% volatility on return distribution over the 30 days horizon. Simply put, 6% of equities are less volatile than NASDAQ Malaysia and 99% 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 Malaysia is expected to under-perform the market. But the company apears to be less risky and when comparing its historical volatility, the company is 1.44 times less risky than the market. the firm trades about -0.34 of its potential returns per unit of risk. The DOW is currently generating roughly -0.01 of returns per unit of risk over similar time horizon.

NASDAQ Malaysia Market Risk Analysis

Sharpe Ratio = -0.3422
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NASDAQ Malaysia Relative Performance Indicators

Estimated Market Risk
 0.69
  actual daily
 
 6 %
of total potential
 
66
Expected Return
 -0.23
  actual daily
 
 0 %
of total potential
 
00
Risk-Adjusted Return
 -0.34
  actual daily
 
 0 %
of total potential
 
00
Based on monthly moving average NASDAQ Malaysia is performing at about 0% 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 Malaysia by adding it to a well-diversified portfolio.

NASDAQ Malaysia Alerts

Equity Alerts and Improvement Suggestions

NASDAQ Malaysia Util is not yet fully synchronised with the market data
NASDAQ Malaysia Util generates negative expected return over the last 30 days
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