NQ US Performance

NQUSB8300JPY -- USA Index  

 1,928  13.16  0.69%

The index owns Beta (Systematic Risk) of 0.0 which conveys that the returns on MARKET and NQ US are completely uncorrelated. Although it is vital to follow to NQ US Bnchmk existing price patterns, it is good to be conservative about what you can actually do with the information regarding equity price patterns. The way in which we are 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. By analyzing NQ US Bnchmk technical indicators you can at this moment evaluate if the expected return of 0.2793% will be sustainable into the future.
Horizon     30 Days    Login   to change

NQ US Bnchmk Relative Risk vs. Return Landscape

If you would invest  172,161  in NQ US Bnchmk Banks JPY Index on October 16, 2019 and sell it today you would earn a total of  19,290  from holding NQ US Bnchmk Banks JPY Index or generate 11.2% return on investment over 30 days. NQ US Bnchmk Banks JPY Index is generating 0.2793% of daily returns and assumes 1.6576% volatility on return distribution over the 30 days horizon. Simply put, 14% of equities are less volatile than NQ US and 95% 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, NQ US is expected to generate 2.28 times more return on investment than the market. However, the company is 2.28 times more volatile than its market benchmark. It trades about 0.17 of its potential returns per unit of risk. The DOW is currently generating roughly 0.15 per unit of risk.

NQ US Market Risk Analysis

Sharpe Ratio = 0.1685
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NQ US Relative Performance Indicators

Estimated Market Risk
 1.66
  actual daily
 
 14 %
of total potential
 
1414
Expected Return
 0.28
  actual daily
 
 5 %
of total potential
 
55
Risk-Adjusted Return
 0.17
  actual daily
 
 11 %
of total potential
 
1111
Based on monthly moving average NQ US is performing at about 11% 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 NQ US by adding it to a well-diversified portfolio.
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