iPath SP Buy or Sell Recommendation

Macroaxis provides iPath SP GSCI Crude Oil TR ETN buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding iPath SP positions. The advice algorithm takes into account all of iPath SP GSCI Crude Oil TR ETN available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from iPath SP buy-and-hold prospective. Additionally take a look at iPath SP Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with current analyst consensus

Time Horizon

Risk Tolerance

Symbol
Execute Advice
iPath SP GSCI Crude Oil TR ETN -- USA Etf  

USD 6.80  0.03  0.44%

Considering 30-days investment horizon, and your above average risk tolerance our recommendation regarding iPath SP GSCI Crude Oil TR ETN is 'Strong Hold'.
For the selected time horizon iPath SP GSCI Crude Oil TR ETN has a risk adjusted performance of 0.14, jensen alpha of 0.089966, total risk alpha of 0.010271, sortino ratio of 0.0 and treynor ratio of 0.29
We provide recommendation to complement the prevalent expert consensus on iPath SP GSCI. Our dynamic recommendation engine utilizes multi - dimensional algorithm to analyze the organization potential to grow using all technical and fundamental data available at the time. Please utilize iPath SP GSCI Crude Oil TR ETN Total Asset and Net Asset to make buy, hold, or sell decision on iPath SP GSCI.

Returns Distribution Density

Mean Return0.16Value At Risk3.09
Potential Upside2.77Standard Deviation2.03
 Return Density 
      Distribution 

iPath SP Greeks

α
Alpha over DOW
=0.09
β
Beta against DOW=0.61
σ
Overall volatility
=2.07
Ir
Information ratio =0.02

iPath SP Volatility Alert

iPath SP GSCI Crude Oil TR ETN exhibits very low volatility with skewness of -0.01 and kurtosis of -1.04. However, we advise investors to further study iPath SP GSCI Crude Oil TR ETN technical indicators to make sure all market info is available and is reliable.
    
 Better Than Average     
    
 Worse Than Average Compare iPath SP to competition
FundamentalsiPath SPPeer Average
One Year Return19.47 % (1.25) %
Three Year Return(12.15) % 2.26 %
Five Year Return(20.73) % 0.20 %
Ten Year Return(18.15) % 0.29 %
Net Asset702.54 M888.73 M
SellBuy
Strong Hold

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Currently Unavailable

Piotroski F Score

Financial Leverage

Inapplicable
Risk Adjusted Performance0.14
Market Risk Adjusted Performance0.28
Mean Deviation1.67
Coefficient Of Variation1,240
Standard Deviation2.03
Variance4.11
Information Ratio0.017825
Jensen Alpha0.089966
Total Risk Alpha0.010271
Treynor Ratio0.29
Maximum Drawdown6.46
Value At Risk3.09
Potential Upside2.77
Skewness0.005747
Kurtosis1.04