Nasdaq (Germany) Market Value
| NAQ Stock | EUR 76.89 1.58 2.10% |
| Symbol | Nasdaq |
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 Nasdaq's stock 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.
| 11/26/2023 |
| 01/19/2025 |
If you would invest 0.00 in Nasdaq on November 26, 2023 and sell it all today you would earn a total of 0.00 from holding Nasdaq Inc or generate 0.0% return on investment in Nasdaq over 420 days. Nasdaq is related to or competes with LONDON STEXUNSPADRS1/2, Deutsche Börse, Cboe Global, ASX, JAPAN EX, and SINGAPORE EXUNSPADR/15. Nasdaq, Inc. operates as a technology company that serves capital markets and other industries worldwide More
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 Nasdaq's stock 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 Inc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.21 | |||
| Information Ratio | 0.165 | |||
| Maximum Drawdown | 7.19 | |||
| Value At Risk | (1.57) | |||
| Potential Upside | 2.32 |
Nasdaq Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nasdaq's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nasdaq's standard deviation. In reality, there are many statistical measures that can use Nasdaq historical prices to predict the future Nasdaq's volatility.| Risk Adjusted Performance | 0.1602 | |||
| Jensen Alpha | 0.2394 | |||
| Total Risk Alpha | 0.2097 | |||
| Sortino Ratio | 0.1831 | |||
| Treynor Ratio | 2.45 |
Nasdaq Inc Backtested Returns
Nasdaq appears to be very steady, given 3 months investment horizon. Nasdaq Inc has Sharpe Ratio of 0.15, which conveys that the firm had a 0.15% return per unit of risk over the last 3 months. We have found thirty technical indicators for Nasdaq, which you can use to evaluate the volatility of the firm. Please exercise Nasdaq's Mean Deviation of 1.03, downside deviation of 1.21, and Risk Adjusted Performance of 0.1602 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Nasdaq holds a performance score of 11. The company secures a Beta (Market Risk) of 0.0985, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Nasdaq's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nasdaq is expected to be smaller as well. Please check Nasdaq's treynor ratio, downside variance, kurtosis, as well as the relationship between the value at risk and expected short fall , to make a quick decision on whether Nasdaq's current price movements will revert.
Auto-correlation | 0.78 |
Good predictability
Nasdaq Inc has good predictability. Overlapping area represents the amount of predictability between Nasdaq time series from 26th of November 2023 to 23rd of June 2024 and 23rd of June 2024 to 19th of January 2025. 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 Inc price movement. The serial correlation of 0.78 indicates that around 78.0% of current Nasdaq price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.78 | |
| Spearman Rank Test | 0.76 | |
| Residual Average | 0.0 | |
| Price Variance | 50.64 |
Nasdaq Inc lagged returns against current returns
Autocorrelation, which is Nasdaq stock'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's stock expected returns. We can calculate the autocorrelation of Nasdaq returns to help us make a trade decision. For example, suppose you find that Nasdaq 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 price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
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 Nasdaq stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nasdaq stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nasdaq stock over time.
Current vs Lagged Prices |
| Timeline |
Nasdaq Lagged Returns
When evaluating Nasdaq's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nasdaq stock have on its future price. 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, Nasdaq autocorrelation shows the relationship between Nasdaq stock current value and its past values and can show if there is a momentum factor associated with investing in Nasdaq Inc.
Regressed Prices |
| Timeline |
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Additional Information and Resources on Investing in Nasdaq Stock
When determining whether Nasdaq Inc is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Nasdaq Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Nasdaq Inc Stock. Highlighted below are key reports to facilitate an investment decision about Nasdaq Inc Stock:Check out Nasdaq Correlation, Nasdaq Volatility and Nasdaq Alpha and Beta module to complement your research on Nasdaq. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Nasdaq technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.