iPath Pure Buy or Sell Recommendation

iPath Pure Beta Broad Commodity ETN -- USA Etf  

USD 30.84  0.15  0.49%

Considering 30-days investment horizon, and your above average risk tolerance our recommendation regarding iPath Pure Beta Broad Commodity ETN is 'Strong Buy'. Macroaxis provides iPath Pure Beta Broad Commodity ETN buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding iPath Pure positions. The advice algorithm takes into account all of iPath Pure Beta Broad Commodity ETN available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from iPath Pure buy-and-hold prospective. Check also iPath Pure Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with current analyst consensus.

Time Horizon

Risk Tolerance

Symbol
Execute Advice

iPath Pure Current Recommendation

SellBuy
Strong Buy

Volatility

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Currently Unavailable
For the selected time horizon iPath Pure Beta Broad Commodity ETN has a risk adjusted performance of 0.2133, jensen alpha of 0.0862, total risk alpha of 0.1155, sortino ratio of 0.251 and treynor ratio of 4.15
Macroaxis buy or sell recommendation module can be used to complement iPath Pure Beta Broad Commodity ETN buy or sell advice provided by average analyst sentiment. It analyzes the etf potential to grow using fundamental, technical, data market data available at the time. Please check out iPath Pure Beta Number of Employees and Three Year Return to decide if your iPath Pure Beta buy or sell deciscion is justified.

iPath Pure Thematic Classifications

Returns Distribution Density

Mean Return0.094656Value At Risk0.98
Potential Upside1.40Standard Deviation0.70
 Return Density 
      Distribution 

Institutional Investors

Security TypeSharesValue
Evensky Katz LlcFund Units1 M30.1 M

iPath Pure Greeks

α
Alpha over DOW
=0.086167
β
Beta against DOW=0.0204
σ
Overall volatility
=0.70
Ir
Information ratio =0.23

iPath Pure Volatility Alert

iPath Pure Beta Broad Commodity ETN exhibits relatively low volatility with skewness of 0.37 and kurtosis of -0.07. However, we advice investors to further investigate iPath Pure Beta Broad Commodity ETN to make sure all market statistics is disseminated and is consistent with investors' estimations about iPath Pure upside potential.
    
 Better Than Average     
    
 Worse Than Average Compare iPath Pure to competition

iPath Pure Fundamental Vs Peers

FundamentalsiPath PurePeer Average
One Year Return9.27 % (1.25) %
Three Year Return(1.02) % 2.26 %
Five Year Return(7.25) % 0.20 %

Did You Try This Idea?

Run Software Thematic Idea Now
Software
Software Idea
Companies that develop and distribute software and software systems to individuals or business. Software theme has 30 constituents.
View All  Next Launch Software
Check also iPath Pure Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with current analyst consensus. Please also try Cryptocurrency Correlation module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins and exchanges.