Tachlit Index (Israel) Performance
| TCH-F28 Etf | ILA 324.80 4.90 1.49% |
The entity has a beta of 0.66, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Tachlit Index's returns are expected to increase less than the market. However, during the bear market, the loss of holding Tachlit Index is expected to be smaller as well.
Risk-Adjusted Performance
13 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Tachlit Index Sal are ranked lower than 13 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak technical and fundamental indicators, Tachlit Index may actually be approaching a critical reversion point that can send shares even higher in May 2024. ...more
Tachlit |
Tachlit Index Relative Risk vs. Return Landscape
If you would invest 29,940 in Tachlit Index Sal on January 20, 2024 and sell it today you would earn a total of 3,030 from holding Tachlit Index Sal or generate 10.12% return on investment over 90 days. Tachlit Index Sal is generating 0.1958% of daily returns and assumes 1.1641% volatility on return distribution over the 90 days horizon. Simply put, 10% of etfs are less volatile than Tachlit, and 97% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Tachlit Index Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tachlit Index's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Tachlit Index Sal, and traders can use it to determine the average amount a Tachlit Index's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1682
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Estimated Market Risk
| 1.16 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.2 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Tachlit Index is performing at about 13% 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 Tachlit Index by adding it to a well-diversified portfolio.
About Tachlit Index Performance
To evaluate Tachlit Index Sal Etf as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Tachlit Index generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Tachlit Etf's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Tachlit Index Sal market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Tachlit's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.