|HRB40-13 -- Israel ETF|| |
ILS 300.60 0.60 0.20%
The etf owns Beta (Systematic Risk) of -0.0024 which attests that as returns on market increase, returns on owning HRB40 13 are expected to decrease at a much smaller rate. During bear market, HRB40 13 is likely to outperform the market.. Although it is extremely important to respect HRB40-13
existing price patterns
, it is better to be realistic regarding the information on equity price patterns
. 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 reviewing HRB40-13 technical indicators
you can today evaluate if the expected return of 0.0% will be sustainable into the future.