|PSIBV-10 -- Israel ETF|| |
ILS 5,531 76.00 1.39%
The etf holds Beta of -0.4666 which implies as returns on market increase, returns on owning PSIBV 10 are expected to decrease at a much smaller rate. During bear market, PSIBV 10 is likely to outperform the market.. 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.