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 extremely important to respect NQ US Sm existing price patterns, it is better to be realistic regarding the information on 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 Sm technical indicators you can at this moment evaluate if the expected return of 0.0% will be sustainable into the future.
|Horizon||30 Days Login to change|
NQ US Sm Relative Risk vs. Return LandscapeIf you would invest 218,866 in NQ US Sm Cap Comp Svcs JPY Inde on September 13, 2019 and sell it today you would earn a total of 0.00 from holding NQ US Sm Cap Comp Svcs JPY Inde or generate 0.0% return on investment over 30 days. NQ US Sm Cap Comp Svcs JPY Inde is generating negative expected returns and assumes 0.0% volatility on return distribution over the 30 days horizon. Simply put, 0% of equities are less volatile than NQ US and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
NQ US Market Risk Analysis
Sharpe Ratio = 0.0