NASDAQ Italy (Italy) Market Value

NQIT -  Italy Index  

 1,300  2.28  0.18%

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

Please note, there is a significant difference between NASDAQ Italy's value and its price as these two are different measures arrived at by different means. Investors typically determine NASDAQ Italy value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NASDAQ Italy'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 Italy '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 Italy'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 Italy.
0.00
10/12/2019
No Change 0.00  0.0 
In 1 year 9 months and 23 days
08/02/2021
0.00
If you would invest  0.00  in NASDAQ Italy on October 12, 2019 and sell it all today you would earn a total of 0.00 from holding NASDAQ Italy or generate 0.0% return on investment in NASDAQ Italy over 660 days.

NASDAQ Italy 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 Italy'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 Italy upside and downside potential and time the market with a certain degree of confidence.

NASDAQ Italy Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for NASDAQ Italy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NASDAQ Italy's standard deviation. In reality, there are many statistical measures that can use NASDAQ Italy historical prices to predict the future NASDAQ Italy'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 Italy'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 Italy in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
1,2991,3001,301
Details
Intrinsic
Valuation
LowReal ValueHigh
1,2961,2971,430
Details
Naive
Forecast
LowNext ValueHigh
1,3181,3191,320
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
1,2421,2841,326
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as NASDAQ Italy. Your research has to be compared to or analyzed against NASDAQ Italy's peers to derive any actionable benefits. When done correctly, NASDAQ Italy'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 Italy.

NASDAQ Italy Backtested Returns

NASDAQ Italy has Sharpe Ratio of 0.0466, which conveys that the index had 0.0466% 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 Italy, 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 Italy are completely uncorrelated. Although it is extremely important to respect NASDAQ Italy 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 Italy technical indicators, you can now evaluate if the expected return of 0.0475% will be sustainable into the future.
AdviceVolatility TrendExposureCorrelations

Auto-correlation

    
  (0.59)   

Good reverse predictability

NASDAQ Italy has good reverse predictability. Overlapping area represents the amount of predictability between NASDAQ Italy time series from 12th of October 2019 to 6th of September 2020 and 6th of September 2020 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 Italy price movement. The serial correlation of -0.59 indicates that roughly 59.0% of current NASDAQ Italy price fluctuation can be explain by its past prices. Given that NASDAQ Italy has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of NASDAQ Italy for similar time interval.
Correlation Coefficient-0.59
Spearman Rank Test-0.55
Residual Average0.0
Price Variance7091.19

NASDAQ Italy lagged returns against current returns

Autocorrelation, which is NASDAQ Italy 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 Italy's index expected returns. We can calculate the autocorrelation of NASDAQ Italy returns to help us make a trade decision. For example, suppose you find that NASDAQ Italy 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 Italy 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 Italy index is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NASDAQ Italy index is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in NASDAQ Italy index over time.
 Current vs Lagged Prices 
Share
      Timeline 

NASDAQ Italy Lagged Returns

When evaluating NASDAQ Italy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NASDAQ Italy index have on its future price. NASDAQ Italy 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 Italy autocorrelation shows the relationship between NASDAQ Italy index current value and its past values and can show if there is a momentum factor associated with investing in NASDAQ Italy.
 Regressed Prices 
Share
      Timeline 

Be your own money manager

Our tools can tell you how much better you can do entering a position in NASDAQ Italy 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 Italy Hype Analysis, NASDAQ Italy Correlation, Portfolio Optimization, NASDAQ Italy Volatility, as well as analyze NASDAQ Italy Alpha and Beta and NASDAQ Italy Performance. Note that the NASDAQ Italy information on this page should be used as a complementary analysis to other NASDAQ Italy'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 CEO Directory module to screen CEOs from public companies around the world.

Other Tools for NASDAQ Index

When running NASDAQ Italy price analysis, check to measure NASDAQ Italy'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 Italy is operating at the current time. Most of NASDAQ Italy's value examination focuses on studying past and present price action to predict the probability of NASDAQ Italy's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move NASDAQ Italy's price. Additionally, you may evaluate how the addition of NASDAQ Italy to your portfolios can decrease your overall portfolio volatility.
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