iPath B Buy Hold or Sell Recommendation

OILB -- USA Etf  

USD 64.40  2.24  3.36%

Given the investment horizon of 30 days, and your above average risk tolerance our recommendation regarding iPath B SP GSCI Crude Oil TR ETN is 'Strong Hold'. Macroaxis provides iPath B 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 B positions. The advice algorithm takes into account all of iPath B SP GSCI Crude Oil TR ETN available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from iPath B buy-and-hold prospective. Additionally take a look at iPath B Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with current analyst consensus.

Time Horizon

Risk Tolerance

Symbol
Execute Advice

iPath B Current Recommendation

SellBuy
Strong Hold

Volatility

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Currently Unavailable
For the selected time horizon iPath B SP GSCI Crude Oil TR ETN has a risk adjusted performance of 0.01, jensen alpha of 0.0, total risk alpha of 0.0, sortino ratio of 0.0 and treynor ratio of 0.0
Macroaxis provides unbiased buy or sell advice on iPath B that should be used to complement current analysts and expert consensus on iPath B SP. Our recommendation engine determines the etf potential to grow exclusively from the prospective of investors current risk tolerance and investing horizon. Please check out iPath B SP Total Asset to decide if your iPath B SP buy or sell deciscion is justified.

Returns Distribution Density

Mean Return0.44Value At Risk3.36
Potential Upside1.98Standard Deviation1.65
 Return Density 
      Distribution 

iPath B Greeks

α
Alpha over DOW
=0.00
β
Beta against DOW=0.00
σ
Overall volatility
=1.67
Ir
Information ratio =0.27

iPath B Volatility Alert

iPath B SP GSCI Crude Oil TR ETN exhibits very low volatility with skewness of -0.28 and kurtosis of 0.42. However, we advise investors to further study iPath B 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 B to competition

iPath B Fundamental Vs Peers

FundamentalsiPath BPeer Average
One Year Return27.61 % (1.25) %
Net Asset79.36 M888.73 M

iPath B Alerts

Trading Alerts and Improvement Suggestions
iPath B SP generates negative expected return over the last 30 days
The fund maintains all of the assets in different exotic instruments

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Additionally take a look at iPath B Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with current analyst consensus. Please also try Price Ceiling Movement module to calculate and plot price ceiling movement for different equity instruments.