Nasdaq 100 Commodity Price on October 3, 2024

NQUSD Commodity   21,757  351.50  1.64%   
If you're considering investing in Nasdaq Commodity, it is important to understand the factors that can impact its price. As of today, the current price of Nasdaq 100 stands at 21,757, as last reported on the 11th of December 2024, with the highest price reaching 21,820 and the lowest price hitting 21,406 during the day. At this point, Nasdaq 100 is very steady. Nasdaq 100 has Sharpe Ratio of 0.19, which conveys that the entity had a 0.19% return per unit of risk over the last 3 months. We have found thirty technical indicators for Nasdaq 100, which you can use to evaluate the volatility of the commodity. Please verify Nasdaq 100's Risk Adjusted Performance of 0.1505, mean deviation of 0.696, and Downside Deviation of 1.01 to check out if the risk estimate we provide is consistent with the expected return of 0.18%.
  
Nasdaq Commodity price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1855

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Estimated Market Risk

 0.96
  actual daily
8
92% of assets are more volatile

Expected Return

 0.18
  actual daily
3
97% of assets have higher returns

Risk-Adjusted Return

 0.19
  actual daily
14
86% of assets perform better
Based on monthly moving average Nasdaq 100 is performing at about 14% 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 100 by adding it to a well-diversified portfolio.

Nasdaq 100 Valuation on October 3, 2024

It is possible to determine the worth of Nasdaq 100 on a given historical date. On October 3, 2024 Nasdaq was worth 20055.5 at the beginning of the trading date compared to the closed value of 19990.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nasdaq 100 commodity. Still, in general, we apply an absolute valuation method to find Nasdaq 100's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Nasdaq 100 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nasdaq 100's related companies.
 Open High Low Close Volume
  19,975    20,090    19,834    20,010    662,776  
10/03/2024
  20,056    20,114    19,852    19,990    517,170  
  19,966    20,264    19,942    20,227    546,680  
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Open Value
20055.5
20,053
Downside
19990.25
Closing Value
20,058
Upside

Nasdaq 100 Trading Date Momentum on October 3, 2024

On October 04 2024 Nasdaq 100 was traded for  20,227  at the closing time. The highest daily price throughout the period was 20,264  and the lowest price was  19,942 . The daily volume was 546.7 K. The net trading volume on 10/04/2024 added to the next day price growth. The trading delta at closing time to closing price of the next trading day was 1.19% . The trading delta at closing time to current closing price is 2.21% .

Price Boundaries

Nasdaq 100 Period Price Range

Low
December 11, 2024
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High

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Nasdaq 100 cannot be verified against its exchange. Please verify the symbol is currently traded on Commodity Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Nasdaq 100 December 11, 2024 Market Strength

Market strength indicators help investors to evaluate how Nasdaq 100 commodity reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nasdaq 100 shares will generate the highest return on investment. By undertsting and applying Nasdaq 100 commodity market strength indicators, traders can identify Nasdaq 100 entry and exit signals to maximize returns

Nasdaq 100 Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Nasdaq 100's price direction in advance. Along with the technical and fundamental analysis of Nasdaq Commodity historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nasdaq to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.