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 LandscapeIf 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 (%)
NASDAQ Malaysia Market Risk Analysis
Sharpe Ratio = -0.3422
NASDAQ Malaysia Relative Performance Indicators
Estimated Market Risk