|MBB60-49 -- Israel ETF|| |
ILS 309.35 0.41 0.13%
The entity owns Beta (Systematic Risk) of 0.0078 which conveys that as returns on market increase, MBB60 49 returns are expected to increase less than the market. However during bear market, the loss on holding MBB60 49 will be expected to be smaller as well.. Although it is extremely important to respect MBB60-49
existing price patterns
, it is better to be realistic regarding the information on equity price patterns
. The approach into 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 MBB60-49 technical indicators
you can right now evaluate if the expected return of 0.0% will be sustainable into the future.