iPath GEMS Technical Analysis

iPath GEMS Asia 8 ETN -- USA Etf  

USD 42.41  0.59  1.41%

iPath GEMS Asia 8 ETN maintains Market Risk Adjusted Performance of (0.21), Mean Deviation of 1.57 and Downside Deviation of 2.18. iPath GEMS Asia technical analysis makes it possible for you to employ past prices and volume data with intention to determine a pattern that calculates the direction of the etf future prices. Specifically you can use this information to find out if the etf will indeed mirror its model of past data patterns or the prices will eventually revert. We found nineteen technical drivers for iPath GEMS Asia which can be compared to its rivals. Please check out iPath GEMS Asia Standard Deviation as well as the relationship between Value At Risk and Kurtosis to decide if iPath GEMS Asia is priced fairly providing market reflects its latest price of 42.41 per share.
Investment Horizon     30 Days    Login   to change

iPath GEMS Asia Trend Analysis

Use this graph to draw trend lines for iPath GEMS Asia 8 ETN. You can use it to identify possible trend reversals for iPath GEMS as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual iPath GEMS price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

iPath GEMS Best Fit Change Line

The following chart estimates an ordinary least squares regression model for iPath GEMS Asia 8 ETN applied against its price change over selected period. The best fit line has a slop of 0.051301 % which may imply that iPath GEMS Asia 8 ETN will maintain its good market sentiment and make money for investors. It has 34 observation points and a regression sum of squares at 2.15, which is the sum of squared deviations for the predicted iPath GEMS price change compared to its average price change.

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Price Exposure Probability

Analyze equity upside and downside potential for a given time horizon across multiple markets
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iPath GEMS Asia 8 ETN is the top ETF in mean deviation as compared to similar ETFs. It is currently under evaluation in standard deviation as compared to similar ETFs creating about  1.4  of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for iPath GEMS Asia 8 ETN is roughly  1.4 

One Year Return

iPath GEMS Asia One Year Return
Based on recorded statements iPath GEMS Asia 8 ETN has One Year Return of 2.65%. This is 132.92% lower than that of the Barclays Funds family, and 400.0% lower than that of Multicurrency category, The One Year Return for all etfs is 312.0% lower than the firm.
  Year Return 
      iPath GEMS Comparables 
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.