|TSP50-38 -- Israel ETF|| |
ILS 2,278 20.00 0.89%
The entity has beta of -0.0439 which indicates as returns on market increase, returns on owning TSP50 38 are expected to decrease at a much smaller rate. During bear market, TSP50 38 is likely to outperform the market.. Although it is extremely important to respect TSP50-38
current price movements, it is better to be realistic regarding the information on equity historical returns. The philosophy 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 evaluating TSP50-38 technical indicators
you can currently evaluate if the expected return of 0.0% will be sustainable into the future.