|P9010-28 -- Israel ETF|| |
ILS 12,345 51.00 0.41%
The entity owns Beta (Systematic Risk) of 0.0205 which implies as returns on market increase, P9010 28 returns are expected to increase less than the market. However during bear market, the loss on holding P9010 28 will be expected to be smaller as well.. Although it is extremely important to respect P9010-28
existing price patterns
, it is better to be realistic regarding the information on equity price patterns
. The way in which we are forecasting 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 P9010-28 technical indicators
you can at this moment evaluate if the expected return of 0.0% will be sustainable into the future.
P9010-28 Relative Risk vs. Return Landscape
If you would invest 1,234,500
in P9010-28 on November 18, 2018
and sell it today you would earn a total of 0.00
from holding P9010-28 or generate 0.0%
return on investment over 30
days. P9010-28 is generating negative expected returns and assumes 0.0% volatility on return distribution over the 30 days horizon. Simply put, 0% of equities are less volatile than P9010-28 and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
P9010 28 Market Risk Analysis
Sharpe Ratio = 0.0
Based on monthly moving average P9010 28 is performing at about 0% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of P9010 28
by adding it to a well-diversified
Over the last 30 days P9010-28 has generated negative risk-adjusted returns adding no value to investors with long positions.
Additionally take a look at Your Equity Center
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