The Nasdaq 100 is currently @ 4,409 points / in order to assess a possible risk let's take a look at the past
If one wants to plan a strategy and manage a Stop-Loss upfront one can try to assess the possible future down-movements (RISK) and pick the relevant Nasdaq-stocks which also serve as an additional risk-buffer (meaning stocks with reasonable valuation metrics).
In the chart below some selected Nasdaq-Stocks incl. some valuation metrics are given (metrics-source: finviz.com)
P/E = Price-Earnings (German: KGV)
P/B = Price-Book (German: Kurs-Buchwert-Verhältnis)
P/S = Price-Sales (German: Kurs-Umsatz-Verhältnis)
PEG = Price-Earnings-Growth
bigger picture/please click: http://www.private-investment.at