IncomeShares Nasdaq (Germany) Performance
| QQQY Etf | 8.65 0.00 0.00% |
The etf retains a Market Volatility (i.e., Beta) of 0.0947, which attests to not very significant fluctuations relative to the market. As returns on the market increase, IncomeShares Nasdaq's returns are expected to increase less than the market. However, during the bear market, the loss of holding IncomeShares Nasdaq is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days IncomeShares Nasdaq 100 has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound basic indicators, IncomeShares Nasdaq is not utilizing all of its potentials. The current stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
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IncomeShares Nasdaq Relative Risk vs. Return Landscape
If you would invest 870.00 in IncomeShares Nasdaq 100 on September 28, 2024 and sell it today you would lose (5.00) from holding IncomeShares Nasdaq 100 or give up 0.57% of portfolio value over 90 days. IncomeShares Nasdaq 100 is generating negative expected returns and assumes 1.0728% volatility on return distribution over the 90 days horizon. Simply put, 9% of etfs are less volatile than IncomeShares, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
IncomeShares Nasdaq Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for IncomeShares Nasdaq's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as IncomeShares Nasdaq 100, and traders can use it to determine the average amount a IncomeShares Nasdaq's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.014
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| Negative Returns | QQQY |
Estimated Market Risk
| 1.07 actual daily | 9 91% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average IncomeShares Nasdaq is not performing at its full potential. However, 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 IncomeShares Nasdaq by adding IncomeShares Nasdaq to a well-diversified portfolio.
| IncomeShares Nasdaq generated a negative expected return over the last 90 days |