The etf holds Beta of 0.0551 which implies as returns on market increase, PSIBV 10 returns are expected to increase less than the market. However during bear market, the loss on holding PSIBV 10 will be expected to be smaller as well.. Although it is extremely important to respect PSIBV-10
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 PSIBV-10 technical indicators
you can now evaluate if the expected return of 0.0% will be sustainable into the future.