|PRUSS-52 -- Israel ETF|| |
ILS 4,553 44.00 0.98%
The etf holds Beta of 0.0484 which implies as returns on market increase, PRUSS 52 returns are expected to increase less than the market. However during bear market, the loss on holding PRUSS 52 will be expected to be smaller as well.. Although it is extremely important to respect PRUSS-52
current trending patterns, it is better to be realistic regarding the information on equity existing price patterns
. The philosophy towards 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 PRUSS-52 technical indicators
you can currently evaluate if the expected return of 0.0% will be sustainable into the future.