|KDJI-117 -- Israel ETF|| |
ILS 13,040 0.00 0.00%
The etf secures Beta (Market Risk) of 0.0 which conveys that the returns on MARKET and KDJI 117 are completely uncorrelated. Although it is extremely important to respect KDJI-117 price patterns
, it is better to be realistic regarding the information on equity historical price patterns
. The philosophy towards estimating 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 evaluating KDJI-117 technical indicators
you can today evaluate if the expected return of 0.0% will be sustainable into the future.
KDJI-117 Relative Risk vs. Return Landscape
If you would invest 1,304,000
in KDJI-117 on September 17, 2018
and sell it today you would earn a total of 0.00
from holding KDJI-117 or generate 0.0%
return on investment over 30
days. KDJI-117 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 KDJI-117 and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
KDJI 117 Market Risk Analysis
Sharpe Ratio = 0.0
Based on monthly moving average KDJI 117 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 KDJI 117
by adding it to a well-diversified
Over the last 30 days KDJI-117 has generated negative risk-adjusted returns adding no value to investors with long positions.