The entity secures Beta (Market Risk) of 0.0 which conveys that the returns on MARKET and NASDAQ Poland are completely uncorrelated. Although it is vital to follow to NASDAQ Poland Small 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 Poland which you can use to evaluate performance of the entity.
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NASDAQ Poland Small Relative Risk vs. Return LandscapeIf you would invest 122,084 in NASDAQ Poland Small Cap PLN TR on September 17, 2019 and sell it today you would earn a total of 3,710 from holding NASDAQ Poland Small Cap PLN TR or generate 3.04% return on investment over 30 days. NASDAQ Poland Small Cap PLN TR is generating 0.7573% of daily returns and assumes 1.2792% volatility on return distribution over the 30 days horizon. Simply put, 11% of equities are less volatile than NASDAQ Poland and 86% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
NASDAQ Poland Market Risk Analysis
Sharpe Ratio = 0.592
NASDAQ Poland Relative Performance Indicators
Estimated Market Risk