|HRT100-2 -- Israel ETF|| |
ILS 1,210 3.00 0.25%
The etf retains Market Volatility (i.e. Beta) of -0.0164 which attests that as returns on market increase, returns on owning HRT100 2 are expected to decrease at a much smaller rate. During bear market, HRT100 2 is likely to outperform the market. Although it is extremely important to respect HRT100-2
current price history, it is better to be realistic regarding the information on equity current price movements. The approach towards 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 HRT100-2 technical indicators
you can now evaluate if the expected return of 0.0% will be sustainable into the future.
HRT100-2 Relative Risk vs. Return Landscape
If you would invest 121,000
in HRT100-2 on February 17, 2019
and sell it today you would earn a total of 0.00
from holding HRT100-2 or generate 0.0%
return on investment over 30
days. HRT100-2 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 HRT100 2 and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
HRT100 2 Market Risk Analysis
Sharpe Ratio = 0.0
Based on monthly moving average HRT100 2 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 HRT100 2
by adding it to a well-diversified
Over the last 30 days HRT100-2 has generated negative risk-adjusted returns adding no value to investors with long positions.