|DJCBT -- Israel ETF|| |
ILS 134,535 96.00 0.07%
The organization owns Beta (Systematic Risk) of -0.0048 which denotes to the fact that as returns on market increase, returns on owning DJCBT are expected to decrease at a much smaller rate. During bear market, DJCBT is likely to outperform the market. Although it is extremely important to respect DJCBT
existing price patterns
, it is better to be realistic regarding the information on equity price patterns
. The philosophy in predicting 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 reviewing DJCBT technical indicators
you can right now evaluate if the expected return of 0.0% will be sustainable into the future.
DJCBT Relative Risk vs. Return Landscape
If you would invest 13,453,500
in DJCBT on February 22, 2019
and sell it today you would earn a total of 0.00
from holding DJCBT or generate 0.0%
return on investment over 30
days. DJCBT is generating negative expected returns and assumes 0.0% volatility on return distribution over the 30 days horizon. Simply put, 0% of equities are less volatile than DJCBT and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
DJCBT Market Risk Analysis
Sharpe Ratio = 0.0
Based on monthly moving average DJCBT is performing at about 0% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of DJCBT
by adding it to a well-diversified
Over the last 30 days DJCBT has generated negative risk-adjusted returns adding no value to investors with long positions.