NASDAQ Italy (Italy) Market Value

NQIT
 Index
  

 964.29  8.76  0.90%   

NASDAQ Italy's market value is the price at which a share of NASDAQ Italy stock trades on a public exchange. It measures the collective expectations of NASDAQ Italy investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of NASDAQ Italy and determine expected loss or profit from investing in NASDAQ Italy over a given investment horizon. Check out NASDAQ Italy Hype Analysis, NASDAQ Italy Correlation, Portfolio Optimization, NASDAQ Italy Volatility, as well as analyze NASDAQ Italy Alpha and Beta and NASDAQ Italy Performance.
Symbol

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

NASDAQ Italy '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 Italy's index 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 Italy.
0.00
07/18/2022
No Change 0.00  0.0 
In 31 days
08/17/2022
0.00
If you would invest  0.00  in NASDAQ Italy on July 18, 2022 and sell it all today you would earn a total of 0.00 from holding NASDAQ Italy or generate 0.0% return on investment in NASDAQ Italy over 30 days. More

NASDAQ Italy 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 Italy's index 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 Italy upside and downside potential and time the market with a certain degree of confidence.

NASDAQ Italy Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for NASDAQ Italy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NASDAQ Italy's standard deviation. In reality, there are many statistical measures that can use NASDAQ Italy historical prices to predict the future NASDAQ Italy's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of NASDAQ Italy's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of NASDAQ Italy in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
962.42964.29966.16
Details
Intrinsic
Valuation
LowReal ValueHigh
865.99867.861,061
Details
Naive
Forecast
LowNext ValueHigh
979.86981.73983.60
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
888.74943.09997.45
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as NASDAQ Italy. Your research has to be compared to or analyzed against NASDAQ Italy's peers to derive any actionable benefits. When done correctly, NASDAQ Italy's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in NASDAQ Italy.

NASDAQ Italy Backtested Returns

NASDAQ Italy has Sharpe Ratio of -0.0952, which conveys that the index had -0.0952% of return per unit of standard deviation over the last 3 months. Macroaxis approach into estimating the risk of any index is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. NASDAQ Italy exposes twenty-eight different technical indicators, which can help you to evaluate volatility that cannot be diversified away.
The entity secures a Beta (Market Risk) of 0.0, which conveys not very significant fluctuations relative to the market. Let's try to break down what NASDAQ's beta means in this case. the returns on MARKET and NASDAQ Italy are completely uncorrelated. Even though it is essential to pay attention to NASDAQ Italy price patterns, it is always good to be careful when utilizing equity historical price patterns. Our approach into estimating any index's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. NASDAQ Italy exposes twenty-eight different technical indicators, which can help you to evaluate its performance.

Auto-correlation

    
  0.12  

Insignificant predictability

NASDAQ Italy has insignificant predictability. Overlapping area represents the amount of predictability between NASDAQ Italy time series from 18th of July 2022 to 2nd of August 2022 and 2nd of August 2022 to 17th of August 2022. 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 Italy price movement. The serial correlation of 0.12 indicates that less than 12.0% of current NASDAQ Italy price fluctuation can be explain by its past prices.
Correlation Coefficient0.12
Spearman Rank Test0.15
Residual Average0.0
Price Variance145.89

NASDAQ Italy lagged returns against current returns

Autocorrelation, which is NASDAQ Italy index'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 Italy's index expected returns. We can calculate the autocorrelation of NASDAQ Italy returns to help us make a trade decision. For example, suppose you find that NASDAQ Italy index 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 stock movement to match the lagging time series.
   Current and Lagged Values   
Share
       Timeline  

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

NASDAQ Italy Lagged Returns

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

Be your own money manager

Our tools can tell you how much better you can do entering a position in NASDAQ Italy without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Check out NASDAQ Italy Hype Analysis, NASDAQ Italy Correlation, Portfolio Optimization, NASDAQ Italy Volatility, as well as analyze NASDAQ Italy Alpha and Beta and NASDAQ Italy Performance. Note that the NASDAQ Italy information on this page should be used as a complementary analysis to other NASDAQ Italy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

Other Tools for NASDAQ Index

When running NASDAQ Italy price analysis, check to measure NASDAQ Italy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NASDAQ Italy is operating at the current time. Most of NASDAQ Italy's value examination focuses on studying past and present price action to predict the probability of NASDAQ Italy's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move NASDAQ Italy's price. Additionally, you may evaluate how the addition of NASDAQ Italy to your portfolios can decrease your overall portfolio volatility.
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