|HRGLL-10 -- Israel ETF|| |
ILS 230.90 0.20 0.09%
The etf retains Market Volatility (i.e. Beta) of 0.0 which attests that the returns on MARKET and HRGLL 10 are completely uncorrelated. Although it is extremely important to respect HRGLL-10
current price history, it is better to be realistic regarding the information on equity current price movements. The way of 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 analyzing HRGLL-10 technical indicators
you can now evaluate if the expected return of 0.0% will be sustainable into the future.
Over the last 30 days HRGLL-10 has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, HRGLL 10 is not utilizing all of its potentials. The current stock price disturbance, may contribute to short term losses for the investors.
HRGLL-10 Relative Risk vs. Return Landscape
If you would invest 23,090
in HRGLL-10 on March 20, 2019
and sell it today you would earn a total of 0.00
from holding HRGLL-10 or generate 0.0%
return on investment over 30
days. HRGLL-10 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 HRGLL 10 and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
HRGLL 10 Market Risk Analysis
Sharpe Ratio = 0.0
Based on monthly moving average HRGLL 10 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 HRGLL 10
by adding it to a well-diversified