The etf retains Market Volatility (i.e. Beta) of -0.1463 which attests that as returns on market increase, returns on owning GMFL are expected to decrease at a much smaller rate. During bear market, GMFL is likely to outperform the market.. Although it is extremely important to respect GMFL current price history, it is better to be realistic regarding the information on equity current price movements. The approach to determining future performance of any etf is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By examining GMFL technical indicators you can today evaluate if the expected return of 0.0328% will be sustainable into the future.
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