|PSIBV-10 -- Israel ETF|| |
ILS 5,531 76.00 1.39%
The etf holds Beta of 0.0891 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.
PSIBV-10 Relative Risk vs. Return Landscape
If you would invest 553,100
in PSIBV-10 on February 22, 2019
and sell it today you would earn a total of 0.00
from holding PSIBV-10 or generate 0.0%
return on investment over 30
days. PSIBV-10 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 PSIBV 10 and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
PSIBV 10 Market Risk Analysis
Sharpe Ratio = 0.0
Based on monthly moving average PSIBV 10 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 PSIBV 10
by adding it to a well-diversified
Over the last 30 days PSIBV-10 has generated negative risk-adjusted returns adding no value to investors with long positions.
Additionally take a look at Your Equity Center
. Please also try Money Flow Index
module to determine momentum by analyzing money flow index and other technical indicators.