|HRB40-13 -- Israel ETF|| |
ILS 300.60 0.60 0.20%
The etf owns Beta (Systematic Risk) of 0.0342 which attests that as returns on market increase, HRB40 13 returns are expected to increase less than the market. However during bear market, the loss on holding HRB40 13 will be expected to be smaller as well.. 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.