Nasdaq 100 Commodity Price on November 21, 2024
NQUSD Commodity | 21,298 80.00 0.38% |
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 21,298, as last reported on the 4th of December, with the highest price reaching 21,306 and the lowest price hitting 21,134 during the day. At this point, Nasdaq 100 is very steady. Nasdaq 100 has Sharpe Ratio of 0.18, which conveys that the entity had a 0.18% 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 0.1353, mean deviation of 0.7207, and Downside Deviation of 1.17 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.
Nasdaq |
Sharpe Ratio = 0.1789
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | NQUSD | |||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns |
Estimated Market Risk
1.03 actual daily | 9 91% of assets are more volatile |
Expected Return
0.18 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
0.18 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 November 21, 2024
It is possible to determine the worth of Nasdaq 100 on a given historical date. On November 21, 2024 Nasdaq was worth 20738.0 at the beginning of the trading date compared to the closed value of 20829.5. 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 | |
20,762 | 20,843 | 20,477 | 20,749 | 588,541 | |
11/21/2024 | 20,738 | 20,906 | 20,514 | 20,830 | 687,966 |
20,794 | 20,880 | 20,693 | 20,850 | 698,342 |
Backtest Nasdaq 100 | | | Nasdaq 100 History | Previous | Next |
Nasdaq 100 Trading Date Momentum on November 21, 2024
On November 22 2024 Nasdaq 100 was traded for 20,850 at the closing time. The highest daily price throughout the period was 20,880 and the lowest price was 20,693 . The daily volume was 698.3 K. The net trading volume on 11/22/2024 added to the next day price growth. The trading delta at closing time to closing price of the next trading day was 0.10% . The trading delta at closing time to current closing price is 0.80% . |
Price Boundaries
Nasdaq 100 Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
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 4, 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.