|TASEBK -- Israel Index|| |
ILS 1,359 4.46 0.33%
The entity has beta of 0.0 which indicates the returns on MARKET and TEL AV are completely uncorrelated. Although it is extremely important to respect TEL AV COMM
current price movements, it is better to be realistic regarding the information on equity historical returns. The approach into measuring future performance of any index is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators
. By examining TEL AV COMM technical indicators
you can now evaluate if the expected return of 0.0% will be sustainable into the future.
TEL AV COMM Relative Risk vs. Return Landscape
If you would invest 135,874
in TEL AV COMM BANKS on September 15, 2018
and sell it today you would earn a total of 0.00
from holding TEL AV COMM BANKS or generate 0.0%
return on investment over 30
days. TEL AV COMM BANKS 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 TEL AV COMM BANKS and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
TEL AV Market Risk Analysis
Sharpe Ratio = 0.0
Based on monthly moving average TEL AV 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 TEL AV
by adding it to a well-diversified
|TEL AV COMM is not yet fully synchronised with the market data|
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