|PSSHR-16 -- Israel ETF|| |
ILS 5,877 0.00 0.00%
The entity owns Beta (Systematic Risk) of 0.0 which indicates the returns on MARKET and SHA5PSAGOT BAS are completely uncorrelated. Although it is extremely important to respect SHA5PSAGOT BAS S16
existing price patterns
, it is better to be realistic regarding the information on equity price patterns
. The philosophy towards measuring 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 evaluating SHA5PSAGOT BAS S16 technical indicators
you can today evaluate if the expected return of 0.0% will be sustainable into the future.
SHA5PSAGOT BAS S16 Relative Risk vs. Return Landscape
If you would invest 587,672
in SHA5PSAGOT BAS S16 on September 20, 2018
and sell it today you would earn a total of 0.00
from holding SHA5PSAGOT BAS S16 or generate 0.0%
return on investment over 30
days. SHA5PSAGOT BAS S16 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 SHA5PSAGOT BAS S16 and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
SHA5PSAGOT BAS Market Risk Analysis
Sharpe Ratio = 0.0
Based on monthly moving average SHA5PSAGOT BAS 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 SHA5PSAGOT BAS
by adding it to a well-diversified
Over the last 30 days SHA5PSAGOT BAS S16 has generated negative risk-adjusted returns adding no value to investors with long positions.
|SHA5PSAGOT BAS S16 is not yet fully synchronised with the market data|
|SHA5PSAGOT BAS S16 generates negative expected return over the last 30 days|