TACHLIT INDICES (Israel) Performance

TCH-F3 -- Israel ETF  

ILA 2,443  3.00  0.12%

The entity owns Beta (Systematic Risk) of -0.1549 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. Although it is vital to follow to TACHLIT INDICES MU existing price patterns, it is good to be conservative about what you can actually do with the information regarding equity price patterns. The way of measuring 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 evaluating TACHLIT INDICES MU technical indicators you can today evaluate if the expected return of 0.3725% will be sustainable into the future.

Risk-Adjusted Performance

Compared to the overall equity markets, risk-adjusted returns on investments in TACHLIT INDICES MU are ranked lower than 12 (%) of all global equities and portfolios over the last 30 days. Despite somewhat weak basic indicators, TACHLIT INDICES sustained solid returns over the last few months and may actually be approaching a breakup point.
Horizon     30 Days    Login   to change

TACHLIT INDICES MU Relative Risk vs. Return Landscape

If you would invest  238,300  in TACHLIT INDICES MU on December 29, 2019 and sell it today you would earn a total of  6,000  from holding TACHLIT INDICES MU or generate 2.52% return on investment over 30 days. TACHLIT INDICES MU is generating 0.3725% of daily returns and assumes 1.979% volatility on return distribution over the 30 days horizon. Simply put, 17% of equities are less volatile than TACHLIT INDICES and 93% 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 generate 3.76 times more return on investment than the market. However, the company is 3.76 times more volatile than its market benchmark. It trades about 0.19 of its potential returns per unit of risk. The DOW is currently generating roughly 0.15 per unit of risk.

TACHLIT INDICES Market Risk Analysis

Sharpe Ratio = 0.1882
Good Returns
Average Returns
Small ReturnsTCH-F3
Negative Returns

TACHLIT INDICES Relative Performance Indicators

Estimated Market Risk
  actual daily
 17 %
of total potential
Expected Return
  actual daily
 7 %
of total potential
Risk-Adjusted Return
  actual daily
 12 %
of total potential
Based on monthly moving average TACHLIT INDICES is performing at about 12% 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
Additionally take a look at World Market Map. Please also try Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
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