The etf secures Beta (Market Risk) of -0.0013 which conveys that as returns on market increase, returns on owning KHSCE 92 are expected to decrease at a much smaller rate. During bear market, KHSCE 92 is likely to outperform the market. Although it is extremely important to respect KHSCE-92 price patterns
, it is better to be realistic regarding the information on equity historical price patterns
. The approach 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 inspecting KHSCE-92 technical indicators
you can now evaluate if the expected return of 0.0% will be sustainable into the future.
Over the last 30 days KHSCE-92 has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, KHSCE 92 is not utilizing all of its potentials. The current stock price disturbance, may contribute to short term losses for the investors.