TCRDX 42 (Israel) Performance

TCRDX-42 -- Israel ETF  

ILS 4,194  24.00  0.58%

The entity has beta of -0.0967 which indicates as returns on market increase, returns on owning TCRDX 42 are expected to decrease at a much smaller rate. During bear market, TCRDX 42 is likely to outperform the market. Although it is extremely important to respect TCRDX-42 current price movements, it is better to be realistic regarding the information on equity historical returns. The approach into 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 examining TCRDX-42 technical indicators you can now evaluate if the expected return of 0.0% will be sustainable into the future.

Risk-Adjusted Performance

Over the last 30 days TCRDX-42 has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, TCRDX 42 is not utilizing all of its potentials. The current stock price disturbance, may contribute to short term losses for the investors.
Horizon     30 Days    Login   to change

TCRDX-42 Relative Risk vs. Return Landscape

If you would invest  419,400  in TCRDX-42 on March 21, 2019 and sell it today you would earn a total of  0.00  from holding TCRDX-42 or generate 0.0% return on investment over 30 days. TCRDX-42 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 TCRDX 42 and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
 Daily Expected Return (%) 
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TCRDX 42 Market Risk Analysis

Sharpe Ratio = 0.0
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Based on monthly moving average TCRDX 42 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 TCRDX 42 by adding it to a well-diversified portfolio.

TCRDX 42 Alerts

Equity Alerts and Improvement Suggestions

TCRDX-42 is not yet fully synchronised with the market data
Also please take a look at World Market Map. Please also try Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.