has Sharpe Ratio of 0.2058 which conveys that the entity had 0.2058% of return per unit of standard deviation over the last 3 months. Our philosophy towards estimating volatility of an index is to use all available market data together with index specific technical indicators
that cannot be diversified away. We have found twenty-six technical indicators
for NQTH which you can use to evaluate future volatility of the organization. The index secures Beta (Market Risk) of 0.0 which conveys that the returns on MARKET and NQTH are completely uncorrelated. Although it is extremely important to respect NQTH price patterns
, it is better to be realistic regarding the information on equity historical price patterns
. The philosophy towards estimating future performance of any index is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators
. By reviewing NQTH technical indicators
you can currently evaluate if the expected return of 0.0781% will be sustainable into the future.
No correlation between past and present
NQTH has no correlation between past and present. Overlapping area represents the amount of predictability between NQTH time series from June 17, 2019 to August 1, 2019 and August 1, 2019 to September 15, 2019. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of NQTH price movement. The serial correlation of 0.0 indicates that just 0.0% of current NQTH price fluctuation can be explain by its past prices.