iPath Pure Buy or Sell Recommendation

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 Beta Broad Commodity ETN -- USA Etf  

USD 29.7  0.0801  0.27%

Considering 30-days investment horizon, and your above average risk tolerance our recommendation regarding iPath Pure Beta Broad Commodity ETN is 'Strong Hold'.
For the selected time horizon iPath Pure Beta Broad Commodity ETN has a risk adjusted performance of 0.2772, jensen alpha of 0.3131, total risk alpha of 0.0424, sortino ratio of 0.0 and treynor ratio of (0.72)
Macroaxis buy or sell advice module can be used to complement current analysts and expert consensus on iPath Pure Beta Broad Commodity ETN. Our buy or sell recommendation engine utilizes analyzes the entity potential to grow using all fundamental data market data available at the time. Please utilize iPath Pure Beta Broad Commodity ETN Number of Employees and Three Year Return to make buy, hold, or sell decision on iPath Pure Beta.

Returns Distribution Density

Mean Return0.25Value At Risk0.37
Potential Upside0.84Standard Deviation0.4
 Return Density 
      Distribution 

iPath Pure Greeks

α
Alpha over DOW
=0.31
β
Beta against DOW=0.33
σ
Overall volatility
=0.28
Ir
Information ratio =0.0495

iPath Pure Volatility Alert

iPath Pure Beta Broad Commodity ETN exhibits very low volatility with skewness of 0.83 and kurtosis of 2.04. However, we advise investors to further study iPath Pure Beta Broad Commodity ETN technical indicators to make sure all market info is available and is reliable.
    
 Better Than Average     
    
 Worse Than Average Compare iPath Pure to competition
FundamentalsiPath PurePeer Average
One Year Return7.33 % (1.25) %
Three Year Return(2.93) % 2.26 %
Five Year Return(8.1) % 0.2 %
Net Asset56.72 M888.73 M
SellBuy
Strong Hold

Volatility

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Currently Unavailable

Piotroski F Score

Financial Leverage

Inapplicable
Risk Adjusted Performance0.2772
Market Risk Adjusted Performance(0.71)
Mean Deviation0.2764
Coefficient Of Variation158.84
Standard Deviation0.3964
Variance0.1571
Information Ratio0.0495
Jensen Alpha0.3131
Total Risk Alpha0.0424
Treynor Ratio(0.72)
Maximum Drawdown1.8
Value At Risk(0.37)
Potential Upside0.8393
Skewness0.8268
Kurtosis2.04