Lyxor Nasdaq (Switzerland) Market Value

NADQ Etf  CHF 207.15  0.05  0.02%   
Lyxor Nasdaq's market value is the price at which a share of Lyxor Nasdaq trades on a public exchange. It measures the collective expectations of Lyxor Nasdaq 100 investors about its performance. Lyxor Nasdaq is selling for under 207.15 as of the 18th of December 2024; that is 0.02 percent down since the beginning of the trading day. The etf's lowest day price was 207.15.
With this module, you can estimate the performance of a buy and hold strategy of Lyxor Nasdaq 100 and determine expected loss or profit from investing in Lyxor Nasdaq over a given investment horizon. Check out Lyxor Nasdaq Correlation, Lyxor Nasdaq Volatility and Lyxor Nasdaq Alpha and Beta module to complement your research on Lyxor Nasdaq.
Symbol

Please note, there is a significant difference between Lyxor Nasdaq's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lyxor Nasdaq is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lyxor Nasdaq'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.

Lyxor Nasdaq '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 Lyxor Nasdaq's etf 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 Lyxor Nasdaq.
0.00
12/29/2022
No Change 0.00  0.0 
In 1 year 11 months and 22 days
12/18/2024
0.00
If you would invest  0.00  in Lyxor Nasdaq on December 29, 2022 and sell it all today you would earn a total of 0.00 from holding Lyxor Nasdaq 100 or generate 0.0% return on investment in Lyxor Nasdaq over 720 days. Lyxor Nasdaq is related to or competes with Lyxor MSCI. More

Lyxor Nasdaq 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 Lyxor Nasdaq's etf 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 Lyxor Nasdaq 100 upside and downside potential and time the market with a certain degree of confidence.

Lyxor Nasdaq Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Lyxor Nasdaq's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lyxor Nasdaq's standard deviation. In reality, there are many statistical measures that can use Lyxor Nasdaq historical prices to predict the future Lyxor Nasdaq's volatility.
Hype
Prediction
LowEstimatedHigh
206.12207.15208.18
Details
Intrinsic
Valuation
LowRealHigh
186.44221.15222.18
Details

Lyxor Nasdaq 100 Backtested Returns

Lyxor Nasdaq appears to be very steady, given 3 months investment horizon. Lyxor Nasdaq 100 has Sharpe Ratio of 0.24, which conveys that the entity had a 0.24% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Lyxor Nasdaq, which you can use to evaluate the volatility of the etf. Please exercise Lyxor Nasdaq's Mean Deviation of 0.7431, risk adjusted performance of 0.1943, and Downside Deviation of 0.9014 to check out if our risk estimates are consistent with your expectations. The etf secures a Beta (Market Risk) of 0.68, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Lyxor Nasdaq's returns are expected to increase less than the market. However, during the bear market, the loss of holding Lyxor Nasdaq is expected to be smaller as well.

Auto-correlation

    
  0.76  

Good predictability

Lyxor Nasdaq 100 has good predictability. Overlapping area represents the amount of predictability between Lyxor Nasdaq time series from 29th of December 2022 to 24th of December 2023 and 24th of December 2023 to 18th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Lyxor Nasdaq 100 price movement. The serial correlation of 0.76 indicates that around 76.0% of current Lyxor Nasdaq price fluctuation can be explain by its past prices.
Correlation Coefficient0.76
Spearman Rank Test0.62
Residual Average0.0
Price Variance113.59

Lyxor Nasdaq 100 lagged returns against current returns

Autocorrelation, which is Lyxor Nasdaq etf'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 Lyxor Nasdaq's etf expected returns. We can calculate the autocorrelation of Lyxor Nasdaq returns to help us make a trade decision. For example, suppose you find that Lyxor Nasdaq has exhibited high autocorrelation historically, and you observe that the etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

Lyxor Nasdaq 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 Lyxor Nasdaq etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lyxor Nasdaq etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lyxor Nasdaq etf over time.
   Current vs Lagged Prices   
       Timeline  

Lyxor Nasdaq Lagged Returns

When evaluating Lyxor Nasdaq's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lyxor Nasdaq etf have on its future price. Lyxor Nasdaq 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, Lyxor Nasdaq autocorrelation shows the relationship between Lyxor Nasdaq etf current value and its past values and can show if there is a momentum factor associated with investing in Lyxor Nasdaq 100.
   Regressed Prices   
       Timeline  

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Other Information on Investing in Lyxor Etf

Lyxor Nasdaq financial ratios help investors to determine whether Lyxor Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Lyxor with respect to the benefits of owning Lyxor Nasdaq security.