|HSP-104 -- Israel ETF|| |
ILS 7,720 0.00 0.00%
The etf retains Market Volatility (i.e. Beta) of 0.0 which attests that the returns on MARKET and HSP 104 are completely uncorrelated. Although it is extremely important to respect HSP-104
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 HSP-104 technical indicators
you can now evaluate if the expected return of 0.0% will be sustainable into the future.
HSP-104 Relative Risk vs. Return Landscape
If you would invest 772,000
in HSP-104 on November 11, 2018
and sell it today you would earn a total of 0.00
from holding HSP-104 or generate 0.0%
return on investment over 30
days. HSP-104 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 HSP-104 and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
HSP 104 Market Risk Analysis
Sharpe Ratio = 0.0
Based on monthly moving average HSP 104 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 HSP 104
by adding it to a well-diversified
Over the last 30 days HSP-104 has generated negative risk-adjusted returns adding no value to investors with long positions.