|KGLL-96 -- Israel ETF|| |
ILS 214,543 0.00 0.00%
The etf secures Beta (Market Risk) of 0.0 which conveys that the returns on MARKET and KGLL 96 are completely uncorrelated. Although it is extremely important to respect KGLL-96 price patterns
, it is better to be realistic regarding the information on equity historical price patterns
. The way of 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 KGLL-96 technical indicators
you can today evaluate if the expected return of 0.0% will be sustainable into the future.
KGLL-96 Relative Risk vs. Return Landscape
If you would invest 21,454,300
in KGLL-96 on September 17, 2018
and sell it today you would earn a total of 0.00
from holding KGLL-96 or generate 0.0%
return on investment over 30
days. KGLL-96 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 KGLL-96 and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
KGLL 96 Market Risk Analysis
Sharpe Ratio = 0.0
Based on monthly moving average KGLL 96 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 KGLL 96
by adding it to a well-diversified
Over the last 30 days KGLL-96 has generated negative risk-adjusted returns adding no value to investors with long positions.