NASDAQ Index Market Value

XCMP
 Index
  

 12,884  195.53  1.54%   

NASDAQ Composite's market value is the price at which a share of NASDAQ Composite stock trades on a public exchange. It measures the collective expectations of NASDAQ Composite Total Return I investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of NASDAQ Composite Total Return I and determine expected loss or profit from investing in NASDAQ Composite over a given investment horizon. Check out NASDAQ Composite Correlation, NASDAQ Composite Volatility and NASDAQ Composite Alpha and Beta module to complement your research on NASDAQ Composite.
Symbol

Please note, there is a significant difference between NASDAQ Composite's value and its price as these two are different measures arrived at by different means. Investors typically determine NASDAQ Composite value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NASDAQ Composite'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 Composite '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 Composite'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 Composite.
0.00
07/05/2022
No Change 0.00  0.0 
In 3 months and 1 day
10/03/2022
0.00
If you would invest  0.00  in NASDAQ Composite on July 5, 2022 and sell it all today you would earn a total of 0.00 from holding NASDAQ Composite Total Return I or generate 0.0% return on investment in NASDAQ Composite over 90 days. More

NASDAQ Composite 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 Composite'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 Composite Total Return I upside and downside potential and time the market with a certain degree of confidence.

NASDAQ Composite Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for NASDAQ Composite's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NASDAQ Composite's standard deviation. In reality, there are many statistical measures that can use NASDAQ Composite historical prices to predict the future NASDAQ Composite'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 Composite'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 Composite in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
12,68712,68912,691
Details
Intrinsic
Valuation
LowReal ValueHigh
10,02210,02413,958
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as NASDAQ Composite. Your research has to be compared to or analyzed against NASDAQ Composite's peers to derive any actionable benefits. When done correctly, NASDAQ Composite'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 Composite Total.

NASDAQ Composite Total Backtested Returns

NASDAQ Composite Total has Sharpe Ratio of -0.0381, which conveys that the index had -0.0381% 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 Composite exposes twenty-six 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 Composite are completely uncorrelated. Even though it is essential to pay attention to NASDAQ Composite Total 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 Composite exposes twenty-six different technical indicators, which can help you to evaluate its performance.

Auto-correlation

    
  -0.9  

Excellent reverse predictability

NASDAQ Composite Total Return I has excellent reverse predictability. Overlapping area represents the amount of predictability between NASDAQ Composite time series from 5th of July 2022 to 19th of August 2022 and 19th of August 2022 to 3rd of October 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 Composite Total price movement. The serial correlation of -0.9 indicates that approximately 90.0% of current NASDAQ Composite price fluctuation can be explain by its past prices.
Correlation Coefficient-0.9
Spearman Rank Test-0.89
Residual Average0.0
Price Variance525944.32

NASDAQ Composite Total lagged returns against current returns

Autocorrelation, which is NASDAQ Composite 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 Composite's index expected returns. We can calculate the autocorrelation of NASDAQ Composite returns to help us make a trade decision. For example, suppose you find that NASDAQ Composite 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   
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       Timeline  

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

NASDAQ Composite Lagged Returns

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

Be your own money manager

Our tools can tell you how much better you can do entering a position in NASDAQ Composite without increasing your portfolio risk or giving up the 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 Composite Correlation, NASDAQ Composite Volatility and NASDAQ Composite Alpha and Beta module to complement your research on NASDAQ Composite. You can also try Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

Other Tools for NASDAQ Index

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