|DJCBT -- Israel ETF|| |
ILS 134,535 96.00 0.07%
The organization owns Beta (Systematic Risk) of -0.0171 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.