Psagot Index (Israel) Performance
| PSG-F42 Etf | ILA 2,249 4.00 0.18% |
The etf holds a Beta of 0.0376, which implies not very significant fluctuations relative to the market. As returns on the market increase, Psagot Index's returns are expected to increase less than the market. However, during the bear market, the loss of holding Psagot Index is expected to be smaller as well.
Risk-Adjusted Performance
18 of 100
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Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Psagot Index Funds are ranked lower than 18 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Psagot Index sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
Psagot |
Psagot Index Relative Risk vs. Return Landscape
If you would invest 202,600 in Psagot Index Funds on September 3, 2024 and sell it today you would earn a total of 22,300 from holding Psagot Index Funds or generate 11.01% return on investment over 90 days. Psagot Index Funds is generating 0.232% of daily returns and assumes 0.986% volatility on return distribution over the 90 days horizon. Simply put, 8% of etfs are less volatile than Psagot, and 96% 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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Psagot Index Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Psagot Index's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Psagot Index Funds, and traders can use it to determine the average amount a Psagot 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 = 0.2353
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Estimated Market Risk
| 0.99 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.23 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.24 actual daily | 18 82% of assets perform better |
Based on monthly moving average Psagot Index is performing at about 18% 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 Psagot Index by adding it to a well-diversified portfolio.
About Psagot Index Performance
By analyzing Psagot Index's fundamental ratios, stakeholders can gain valuable insights into Psagot Index's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Psagot Index has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Psagot Index has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.