|TCIN-100 -- Israel ETF|| |
ILS 218.50 3.60 1.68%
The entity has beta of 0.2036 which indicates as returns on market increase, TCIN 100 returns are expected to increase less than the market. However during bear market, the loss on holding TCIN 100 will be expected to be smaller as well. Although it is extremely important to respect TCIN-100
current price movements, it is better to be realistic regarding the information on equity historical returns. 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 analyzing TCIN-100 technical indicators
you can today evaluate if the expected return of 0.0% will be sustainable into the future.
TCIN-100 Relative Risk vs. Return Landscape
If you would invest 21,850
in TCIN-100 on February 20, 2019
and sell it today you would earn a total of 0.00
from holding TCIN-100 or generate 0.0%
return on investment over 30
days. TCIN-100 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 TCIN 100 and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
TCIN 100 Market Risk Analysis
Sharpe Ratio = 0.0
Based on monthly moving average TCIN 100 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 TCIN 100
by adding it to a well-diversified
Over the last 30 days TCIN-100 has generated negative risk-adjusted returns adding no value to investors with long positions.