|PSGGL-23 -- Israel ETF|| |
ILS 262.69 0.07 0.0267%
The etf holds Beta of -0.0025 which implies as returns on market increase, returns on owning PSGGL 23 are expected to decrease at a much smaller rate. During bear market, PSGGL 23 is likely to outperform the market.. Although it is extremely important to respect PSGGL-23
current trending patterns, it is better to be realistic regarding the information on equity existing price patterns
. The approach 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 inspecting PSGGL-23 technical indicators
you can now evaluate if the expected return of 0.0% will be sustainable into the future.