|PUF6 -- Germany ETF|| |
EUR 10.74 0.94 9.59%
The etf holds Beta of -0.0417 which implies as returns on market increase, returns on owning PUF6 BE are expected to decrease at a much smaller rate. During bear market, PUF6 BE is likely to outperform the market.. Although it is extremely important to respect PUF6 BE
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 PUF6 BE technical indicators
you can now evaluate if the expected return of 0.0% will be sustainable into the future.