|LYT7 -- Germany ETF|| |
EUR 92.11 1.13 1.24%
The etf secures Beta (Market Risk) of -0.0701 which conveys that as returns on market increase, returns on owning LYT7 BE are expected to decrease at a much smaller rate. During bear market, LYT7 BE is likely to outperform the market.. Although it is extremely important to respect LYT7 BE price patterns
, it is better to be realistic regarding the information on equity historical price patterns
. The philosophy 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 reviewing LYT7 BE technical indicators
you can currently evaluate if the expected return of 0.0% will be sustainable into the future.