Nasdaq Victory Performance

NQVWLCN -- USA Index  

 5,995  48.90  0.81%

The index secures Beta (Market Risk) of 0.0 which conveys that the returns on MARKET and Nasdaq Victory are completely uncorrelated. Although it is extremely important to respect Nasdaq Victory US price patterns, it is better to be realistic regarding the information on equity historical price patterns. The philosophy towards 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 Nasdaq Victory US technical indicators you can presently evaluate if the expected return of 0.0787% will be sustainable into the future.

Nasdaq Victory US Relative Risk vs. Return Landscape

If you would invest  568,544  in Nasdaq Victory US 500 Large Vol on January 22, 2020 and sell it today you would earn a total of  30,960  from holding Nasdaq Victory US 500 Large Vol or generate 5.45% return on investment over 30 days. Nasdaq Victory US 500 Large Vol is generating 0.0787% of daily returns and assumes 0.8993% volatility on return distribution over the 30 days horizon. Simply put, 8% of equities are less volatile than Nasdaq Victory and 99% 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, Nasdaq Victory is expected to generate 1.11 times more return on investment than the market. However, the company is 1.11 times more volatile than its market benchmark. It trades about 0.09 of its potential returns per unit of risk. The DOW is currently generating roughly 0.07 per unit of risk.

Nasdaq Victory Market Risk Analysis

Sharpe Ratio = 0.0875
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Nasdaq Victory Relative Performance Indicators

Estimated Market Risk
  actual daily
 8 %
of total potential
Expected Return
  actual daily
 1 %
of total potential
Risk-Adjusted Return
  actual daily
 5 %
of total potential
Based on monthly moving average Nasdaq Victory is performing at about 5% 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 Nasdaq Victory by adding it to a well-diversified portfolio.
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