|PSSP-201 -- Israel ETF|| |
ILS 1,457 16.00 1.11%
The etf holds Beta of -0.105 which implies as returns on market increase, returns on owning PSSP 201 are expected to decrease at a much smaller rate. During bear market, PSSP 201 is likely to outperform the market.. Although it is extremely important to respect PSSP-201
current trending patterns, it is better to be realistic regarding the information on equity existing price patterns
. The philosophy 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 reviewing PSSP-201 technical indicators
you can currently evaluate if the expected return of 0.0% will be sustainable into the future.