iPath Pure Performance

BCM -- USA Etf  

USD 28.59  0.19  0.66%

The entity maintains market beta of -0.1527 which attests that as returns on market increase, returns on owning iPath Pure are expected to decrease at a much smaller rate. During bear market, iPath Pure is likely to outperform the market.. Even though it is essential to pay attention to iPath Pure Beta historical price patterns, it is always good to be careful when utilizing equity current price history. Macroaxis philosophy towards determining future performance of any etf is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. iPath Pure Beta exposes twenty-one different technical indicators which can help you to evaluate its performance.
 Time Horizon     30 Days    Login   to change

iPath Pure Beta Relative Risk vs. Return Landscape

If you would invest  2,988  in iPath Pure Beta Broad Commodity ETN on June 22, 2018 and sell it today you would lose (110.19)  from holding iPath Pure Beta Broad Commodity ETN or give up 3.69% of portfolio value over 30 days. iPath Pure Beta Broad Commodity ETN is generating negative expected returns assuming volatility of 0.7384% on return distribution over 30 days investment horizon. In other words, 6% of equities are less volatile than the company and above 99% of equities are expected to generate higher returns over the next 30 days.
 Daily Expected Return (%) 
      Risk (%) 
Considering 30-days investment horizon, iPath Pure Beta Broad Commodity ETN is expected to under-perform the market. In addition to that, the company is 1.3 times more volatile than its market benchmark. It trades about -0.24 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.12 per unit of volatility.

iPath Pure Market Risk Analysis

Sharpe Ratio = -0.2386
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Negative ReturnsBCM

iPath Pure Relative Performance Indicators

Estimated Market Risk
  actual daily
 94 %
of total potential
Expected Return
  actual daily
 1 %
of total potential
Risk-Adjusted Return
  actual daily
 1 %
of total potential
Based on monthly moving average iPath Pure is performing at about 0% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of iPath Pure by adding it to a well-diversified portfolio.

Performance Rating

iPath Pure Beta Broad Commodity ETN Risk Adjusted Performance Analysis

Risk-Adjusted Performance

Over the last 30 days iPath Pure Beta Broad Commodity ETN has generated negative risk-adjusted returns adding no value to investors with long positions.

iPath Pure Alerts

Equity Alerts and Improvement Suggestions
iPath Pure Beta generates negative expected return over the last 30 days
iPath Pure Beta Broad Commodity ETN generated five year return of -5.0%
This fund holds all of the assets under management (AUM) in different types of exotic instruments
Check also Trending Equities. Please also try Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.