|SLXXL -- Ireland Fund|| |
GBp 14,024 8.00 0.06%
The entity has beta of -0.0019 which indicates as returns on market increase, returns on owning SLXXL are expected to decrease at a much smaller rate. During bear market, SLXXL is likely to outperform the market.. Although it is extremely important to respect SLXXL
current price movements, it is better to be realistic regarding the information on equity historical returns. The approach into measuring future performance of any fund is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators
. By evaluating SLXXL technical indicators
you can currently evaluate if the expected return of 0.0% will be sustainable into the future.