|TSP50-38 -- Israel ETF|| |
ILS 2,278 20.00 0.89%
The entity has beta of 0.0944 which indicates as returns on market increase, TSP50 38 returns are expected to increase less than the market. However during bear market, the loss on holding TSP50 38 will be expected to be smaller as well. 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.
TSP50-38 Relative Risk vs. Return Landscape
If you would invest 227,800
in TSP50-38 on February 21, 2019
and sell it today you would earn a total of 0.00
from holding TSP50-38 or generate 0.0%
return on investment over 30
days. TSP50-38 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 TSP50 38 and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
TSP50 38 Market Risk Analysis
Sharpe Ratio = 0.0
Based on monthly moving average TSP50 38 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 TSP50 38
by adding it to a well-diversified
Over the last 30 days TSP50-38 has generated negative risk-adjusted returns adding no value to investors with long positions.