The entity secures Beta (Market Risk) of 0.0 which conveys that the returns on MARKET and NASDAQ Russia are completely uncorrelated. Even though it is essential to pay attention to NASDAQ Russia Mid 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 Russia exposes twenty-seven different technical indicators which can help you to evaluate its performance.
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NASDAQ Russia Mid Relative Risk vs. Return LandscapeIf you would invest 149,519 in NASDAQ Russia Mid Cap RUB Index on September 13, 2019 and sell it today you would lose (1,000.00) from holding NASDAQ Russia Mid Cap RUB Index or give up 0.67% of portfolio value over 30 days. NASDAQ Russia Mid Cap RUB Index is generating negative expected returns and assumes 0.4729% volatility on return distribution over the 30 days horizon. Simply put, 4% of equities are less volatile than NASDAQ Russia and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
NASDAQ Russia Market Risk Analysis
Sharpe Ratio = -0.7071
NASDAQ Russia Relative Performance Indicators
Estimated Market Risk