NASDAQ UK (UK) Market Value

NQGB -  UK Index  

 1,091  8.10  0.75%

NASDAQ UK's market value is the price at which a share of NASDAQ UK stock trades on a public exchange. It measures the collective expectations of NASDAQ UK investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of NASDAQ UK and determine expected loss or profit from investing in NASDAQ UK over a given investment horizon. Check out NASDAQ UK Hype Analysis, NASDAQ UK Correlation, Portfolio Optimization, NASDAQ UK Volatility, as well as analyze NASDAQ UK Alpha and Beta and NASDAQ UK Performance.
Symbol
Backtest

Please note, there is a significant difference between NASDAQ UK's value and its price as these two are different measures arrived at by different means. Investors typically determine NASDAQ UK value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NASDAQ UK's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

NASDAQ UK 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to NASDAQ UK's index what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of NASDAQ UK.
0.00
08/07/2020
No Change 0.00  0.0 
In 11 months and 27 days
08/02/2021
0.00
If you would invest  0.00  in NASDAQ UK on August 7, 2020 and sell it all today you would earn a total of 0.00 from holding NASDAQ UK or generate 0.0% return on investment in NASDAQ UK over 360 days.

NASDAQ UK Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure NASDAQ UK's index current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess NASDAQ UK upside and downside potential and time the market with a certain degree of confidence.

NASDAQ UK Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for NASDAQ UK's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NASDAQ UK's standard deviation. In reality, there are many statistical measures that can use NASDAQ UK historical prices to predict the future NASDAQ UK's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of NASDAQ UK's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of NASDAQ UK in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
1,0901,0911,092
Details
Intrinsic
Valuation
LowReal ValueHigh
1,0811,0821,200
Details
Naive
Forecast
LowNext ValueHigh
1,0971,0981,099
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
1,0421,0761,109
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as NASDAQ UK. Your research has to be compared to or analyzed against NASDAQ UK's peers to derive any actionable benefits. When done correctly, NASDAQ UK's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in NASDAQ UK.

NASDAQ UK Backtested Returns

NASDAQ UK has Sharpe Ratio of 0.0435, which conveys that the index had 0.0435% of return per unit of standard deviation over the last 3 months. Our approach into estimating the volatility of an index is to use all available market data together with index-specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for NASDAQ UK, which you can use to evaluate the future volatility of the entity.
The entity secures a Beta (Market Risk) of 0.0, which conveys not very significant fluctuations relative to the market. Let's try to break down what NASDAQ's beta means in this case. the returns on MARKET and NASDAQ UK are completely uncorrelated. Although it is extremely important to respect NASDAQ UK price patterns, it is better to be realistic regarding the information on equity historical price patterns. The approach into 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 inspecting NASDAQ UK technical indicators, you can now evaluate if the expected return of 0.0458% will be sustainable into the future.
AdviceVolatility TrendExposureCorrelations

Auto-correlation

    
   0.73   

Good predictability

NASDAQ UK has good predictability. Overlapping area represents the amount of predictability between NASDAQ UK time series from 7th of August 2020 to 3rd of February 2021 and 3rd of February 2021 to 2nd of August 2021. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of NASDAQ UK price movement. The serial correlation of 0.73 indicates that around 73.0% of current NASDAQ UK price fluctuation can be explain by its past prices.
Correlation Coefficient0.73
Spearman Rank Test0.74
Residual Average0.0
Price Variance753.35

NASDAQ UK lagged returns against current returns

Autocorrelation, which is NASDAQ UK index's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting NASDAQ UK's index expected returns. We can calculate the autocorrelation of NASDAQ UK returns to help us make a trade decision. For example, suppose you find that NASDAQ UK index has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
 Current and Lagged Values 
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      Timeline 

NASDAQ UK regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If NASDAQ UK index is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NASDAQ UK index is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in NASDAQ UK index over time.
 Current vs Lagged Prices 
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      Timeline 

NASDAQ UK Lagged Returns

When evaluating NASDAQ UK's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NASDAQ UK index have on its future price. NASDAQ UK autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, NASDAQ UK autocorrelation shows the relationship between NASDAQ UK index current value and its past values and can show if there is a momentum factor associated with investing in NASDAQ UK.
 Regressed Prices 
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      Timeline 

Be your own money manager

Our tools can tell you how much better you can do entering a position in NASDAQ UK without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Check out NASDAQ UK Hype Analysis, NASDAQ UK Correlation, Portfolio Optimization, NASDAQ UK Volatility, as well as analyze NASDAQ UK Alpha and Beta and NASDAQ UK Performance. Note that the NASDAQ UK information on this page should be used as a complementary analysis to other NASDAQ UK's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Probability Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

Other Tools for NASDAQ Index

When running NASDAQ UK price analysis, check to measure NASDAQ UK's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NASDAQ UK is operating at the current time. Most of NASDAQ UK's value examination focuses on studying past and present price action to predict the probability of NASDAQ UK's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move NASDAQ UK's price. Additionally, you may evaluate how the addition of NASDAQ UK to your portfolios can decrease your overall portfolio volatility.
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