The etf secures Beta (Market Risk) of 0.2767 which conveys that as returns on market increase, KSPT 121 returns are expected to increase less than the market. However during bear market, the loss on holding KSPT 121 will be expected to be smaller as well. Although it is extremely important to respect KSPT-121 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 KSPT-121 technical indicators
you can now evaluate if the expected return of 0.0% will be sustainable into the future.
Over the last 30 days KSPT-121 has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, KSPT 121 is not utilizing all of its potentials. The current stock price disturbance, may contribute to short term losses for the investors.