|KSMC-123 -- Israel ETF|| |
ILS 9,560 192.00 1.97%
The etf secures Beta (Market Risk) of -0.074 which conveys that as returns on market increase, returns on owning KSMC 123 are expected to decrease at a much smaller rate. During bear market, KSMC 123 is likely to outperform the market.. Although it is extremely important to respect KSMC-123 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 KSMC-123 technical indicators
you can now evaluate if the expected return of 0.0% will be sustainable into the future.