NQ US Performance

NQUSS9570N -- USA Index  

 2,192  36.13  1.68%

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 essential to pay attention to NQ US Sm existing price patterns, it is also good to be reasonable about what you can actually do with equity price patterns. Macroaxis way in which we are estimating future performance of any index is to look not only at its past charts but also at the business as a whole, including all fundamental and technical indicators. To evaluate if NQ US expected return of 1.5643 will be sustainable into the future, we have found twenty-one different technical indicators which can help you to check if the expected returns are sustainable.
Horizon     30 Days    Login   to change

NQ US Sm Relative Risk vs. Return Landscape

If you would invest  209,294  in NQ US Sm Cap Tech Hardware And on September 21, 2019 and sell it today you would earn a total of  9,937  from holding NQ US Sm Cap Tech Hardware And or generate 4.75% return on investment over 30 days. NQ US Sm Cap Tech Hardware And is generating 1.5643% of daily returns and assumes 1.3548% volatility on return distribution over the 30 days horizon. Simply put, 12% of equities are less volatile than NQ US and 71% 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 1.37 times more return on investment than the market. However, the company is 1.37 times more volatile than its market benchmark. It trades about 1.15 of its potential returns per unit of risk. The DOW is currently generating roughly -0.03 per unit of risk.

NQ US Market Risk Analysis

Sharpe Ratio = 1.1547
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NQ US Relative Performance Indicators

Estimated Market Risk
 1.35
  actual daily
 
 12 %
of total potential
 
1212
Expected Return
 1.56
  actual daily
 
 29 %
of total potential
 
2929
Risk-Adjusted Return
 1.15
  actual daily
 
 78 %
of total potential
 
7878
Based on monthly moving average NQ US is performing at about 78% 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.

NQ US Alerts

Equity Alerts and Improvement Suggestions

NQ US Sm is not yet fully synchronised with the market data
See also Your Current Watchlist. Please also try Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
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