TACHLIT INDICES (Israel) Performance

TCH-F136 -- Israel ETF  

ILA 857.60  69.70  8.85%

The entity owns Beta (Systematic Risk) of -0.2072 which indicates as returns on market increase, returns on owning TACHLIT INDICES are expected to decrease at a much smaller rate. During bear market, TACHLIT INDICES is likely to outperform the market. Even though it is essential to pay attention to TACHLIT INDICES MU existing price patterns, it is always good to be careful when utilizing equity price patterns. Macroaxis way of measuring future performance of any etf is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. TACHLIT INDICES exposes twenty-one different technical indicators which can help you to evaluate its performance.

Risk-Adjusted Performance

Over the last 30 days TACHLIT INDICES MU has generated negative risk-adjusted returns adding no value to investors with long positions. Despite weak performance in the last few months, the ETF's basic indicators remain somewhat strong which may send shares a bit higher in February 2020. The current disturbance may also be a sign of long term up-swing for the entity investors.
Horizon     30 Days    Login   to change

TACHLIT INDICES MU Relative Risk vs. Return Landscape

If you would invest  86,780  in TACHLIT INDICES MU on December 29, 2019 and sell it today you would lose (7,990)  from holding TACHLIT INDICES MU or give up 9.21% of portfolio value over 30 days. TACHLIT INDICES MU is generating negative expected returns and assumes 3.5893% volatility on return distribution over the 30 days horizon. Simply put, 32% of equities are less volatile than TACHLIT INDICES and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
 Daily Expected Return (%) 
  Risk (%) 
Assuming 30 trading days horizon, TACHLIT INDICES is expected to under-perform the market. In addition to that, the company is 6.79 times more volatile than its market benchmark. It trades about -0.32 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.17 per unit of volatility.

TACHLIT INDICES Market Risk Analysis

Sharpe Ratio = -0.3182
Good Returns
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Negative ReturnsTCH-F136

TACHLIT INDICES Relative Performance Indicators

Estimated Market Risk
  actual daily
 32 %
of total potential
Expected Return
  actual daily
 0 %
of total potential
Risk-Adjusted Return
  actual daily
 0 %
of total potential
Based on monthly moving average TACHLIT INDICES 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 TACHLIT INDICES by adding it to a well-diversified portfolio.


Equity Alerts and Improvement Suggestions

TACHLIT INDICES MU is not yet fully synchronised with the market data
TACHLIT INDICES MU generates negative expected return over the last 30 days
TACHLIT INDICES MU has high historical volatility and very poor performance
Additionally take a look at World Market Map. Please also try Watchlist Optimization module to optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm.
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