|TMDCP-87 -- Israel ETF|| |
ILS 10,980 290.00 2.71%
The entity has beta of -0.0478 which indicates as returns on market increase, returns on owning TMDCP 87 are expected to decrease at a much smaller rate. During bear market, TMDCP 87 is likely to outperform the market.. Although it is extremely important to respect TMDCP-87
current price movements, it is better to be realistic regarding the information on equity historical returns. The approach towards 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 TMDCP-87 technical indicators
you can now evaluate if the expected return of 0.0% will be sustainable into the future.