|TASEGEN -- Israel Index|| |
ILS 339.91 0.26 0.08%
The entity has beta of 0.0 which indicates the returns on MARKET and TASEGEN are completely uncorrelated. Although it is extremely important to respect TASEGEN
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 TASEGEN technical indicators
you can now evaluate if the expected return of 0.0% will be sustainable into the future.
TASEGEN Relative Risk vs. Return Landscape
If you would invest 33,991
in TASEGEN on September 21, 2018
and sell it today you would earn a total of 0.00
from holding TASEGEN or generate 0.0%
return on investment over 30
days. TASEGEN 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 TASEGEN and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
TASEGEN Market Risk Analysis
Sharpe Ratio = 0.0
Based on monthly moving average TASEGEN 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 TASEGEN
by adding it to a well-diversified
Also please take a look at World Market Map
. Please also try Equity Search
module to search for activelly-traded equities including funds and etfs from over 30 global markets.