|KSMBL-11 -- Israel ETF|| |
ILS 3,352 11.32 0.34%
The etf secures Beta (Market Risk) of 0.0199 which conveys that as returns on market increase, KSMBL 11 returns are expected to increase less than the market. However during bear market, the loss on holding KSMBL 11 will be expected to be smaller as well.. Although it is extremely important to respect KSMBL-11 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 KSMBL-11 technical indicators
you can now evaluate if the expected return of 0.0% will be sustainable into the future.