Nasdaq Index Market Value

IXIC -  USA Index  

 12,131  390.48  3.33%

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

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

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 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.
0.00
11/29/2021
No Change 0.00  0.0 
In 5 months and 30 days
05/28/2022
0.00
If you would invest  0.00  in Nasdaq on November 29, 2021 and sell it all today you would earn a total of 0.00 from holding Nasdaq or generate 0.0% return on investment in Nasdaq over 180 days.

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 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 upside and downside potential and time the market with a certain degree of confidence.

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.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Nasdaq'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 in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
12,12812,13112,134
Details
Intrinsic
Valuation
LowReal ValueHigh
11,20311,20613,344
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Nasdaq. Your research has to be compared to or analyzed against Nasdaq's peers to derive any actionable benefits. When done correctly, Nasdaq'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.

Nasdaq Backtested Returns

Nasdaq has Sharpe Ratio of -0.0508, which conveys that the entity had -0.0508% of return per unit of risk over the last 3 months. Macroaxis standpoint towards 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 exposes twenty-seven different technical indicators, which can help you to evaluate volatility that cannot be diversified away.
The index 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 are completely uncorrelated. Even though it is essential to pay attention to Nasdaq price patterns, it is always good to be careful when utilizing equity historical price patterns. Our philosophy towards 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 exposes twenty-seven different technical indicators, which can help you to evaluate its performance.

Auto-correlation

    
  0.76  

Good predictability

Nasdaq has good predictability. Overlapping area represents the amount of predictability between Nasdaq time series from 29th of November 2021 to 27th of February 2022 and 27th of February 2022 to 28th of May 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 price movement. The serial correlation of 0.76 indicates that around 76.0% of current Nasdaq price fluctuation can be explain by its past prices.
Correlation Coefficient0.76
Spearman Rank Test0.57
Residual Average0.0
Price Variance1052024.51

Nasdaq lagged returns against current returns

Autocorrelation, which is Nasdaq 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's index expected returns. We can calculate the autocorrelation of Nasdaq returns to help us make a trade decision. For example, suppose you find that Nasdaq 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 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 index is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nasdaq index is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nasdaq index over time.
 Current vs Lagged Prices 
Share
      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 index 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 index current value and its past values and can show if there is a momentum factor associated with investing in Nasdaq.
 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 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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Check out Nasdaq Hype Analysis, Nasdaq Correlation, Portfolio Optimization, Nasdaq Volatility, as well as analyze Nasdaq Alpha and Beta and Nasdaq Performance. Note that the Nasdaq information on this page should be used as a complementary analysis to other Nasdaq'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 Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

Other Tools for Nasdaq Index

When running Nasdaq price analysis, check to measure Nasdaq'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 is operating at the current time. Most of Nasdaq's value examination focuses on studying past and present price action to predict the probability of Nasdaq's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Nasdaq's price. Additionally, you may evaluate how the addition of Nasdaq to your portfolios can decrease your overall portfolio volatility.
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