|MTV-NS1 -- Israel ETF|| |
ILS 3,510 34.00 0.98%
The etf secures Beta (Market Risk) of -0.0799 which conveys that as returns on market increase, returns on owning MTV NS1 are expected to decrease at a much smaller rate. During bear market, MTV NS1 is likely to outperform the market.. Although it is extremely important to respect MTV-NS1 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 MTV-NS1 technical indicators
you can currently evaluate if the expected return of 0.0% will be sustainable into the future.