|TCSP-113 -- Israel ETF|| |
ILS 184.10 2.10 1.15%
The entity has beta of -0.0371 which indicates as returns on market increase, returns on owning TCSP 113 are expected to decrease at a much smaller rate. During bear market, TCSP 113 is likely to outperform the market.. Although it is extremely important to respect TCSP-113
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 TCSP-113 technical indicators
you can now evaluate if the expected return of 0.0% will be sustainable into the future.
TCSP-113 Relative Risk vs. Return Landscape
If you would invest 18,410
in TCSP-113 on November 14, 2018
and sell it today you would earn a total of 0.00
from holding TCSP-113 or generate 0.0%
return on investment over 30
days. TCSP-113 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 TCSP-113 and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
TCSP 113 Market Risk Analysis
Sharpe Ratio = 0.0
Based on monthly moving average TCSP 113 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 TCSP 113
by adding it to a well-diversified
Over the last 30 days TCSP-113 has generated negative risk-adjusted returns adding no value to investors with long positions.