PSGGL 23 (Israel) Performance

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.
Horizon     30 Days    Login   to change

PSGGL-23 Relative Risk vs. Return Landscape

If you would invest  26,269  in PSGGL-23 on September 22, 2018 and sell it today you would earn a total of  0.00  from holding PSGGL-23 or generate 0.0% return on investment over 30 days. PSGGL-23 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 PSGGL-23 and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
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PSGGL 23 Market Risk Analysis

Sharpe Ratio = 0.0
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Based on monthly moving average PSGGL 23 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 PSGGL 23 by adding it to a well-diversified portfolio.

PSGGL 23 Performance Rating

PSGGL-23 Risk Adjusted Performance Analysis


Risk-Adjusted Performance

Over the last 30 days PSGGL-23 has generated negative risk-adjusted returns adding no value to investors with long positions.

PSGGL 23 Alerts

Equity Alerts and Improvement Suggestions

PSGGL-23 is not yet fully synchronised with the market data
PSGGL-23 generates negative expected return over the last 30 days
Additionally take a look at Your Equity Center. Please also try Watchlist Optimization module to optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm.