iPath Pure Performance

iPath Pure Beta Broad Commodity ETN -- USA Etf  

USD 30.65  0.17  0.55%

The entity maintains market beta of 0.0926 which attests that as returns on market increase, iPath Pure returns are expected to increase less than the market. However during bear market, the loss on holding iPath Pure will be expected to be smaller as well.. Although it is extremely important to respect iPath Pure Beta historical price patterns, it is better to be realistic regarding the information on equity current price history. The philosophy towards determining future performance of any etf is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By examining iPath Pure Beta technical indicators you can presently evaluate if the expected return of 0.1101% will be sustainable into the future.
 Time Horizon     30 Days    Login   to change

iPath Pure Beta Relative Risk vs. Return Landscape

If you would invest  2,943  in iPath Pure Beta Broad Commodity ETN on March 21, 2018 and sell it today you would earn a total of  139.48  from holding iPath Pure Beta Broad Commodity ETN or generate 4.74% return on investment over 30 days. iPath Pure Beta Broad Commodity ETN is generating 0.1101% of daily returns assuming volatility of 0.6983% on return distribution over 30 days investment horizon. In other words, 6% of equities are less volatile than the company and above 98% 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 generate 0.5 times more return on investment than the market. However, the company is 2.02 times less risky than the market. It trades about 0.16 of its potential returns per unit of risk. The DOW is currently generating roughly -0.01 per unit of risk.

Performance Rating

iPath Pure Beta Broad Commodity ETN Risk Adjusted Performance Analysis
10 

Risk-Adjusted Performance

Compared to the overall equity markets, risk-adjusted returns on investments in iPath Pure Beta Broad Commodity ETN are ranked lower than 10 (%) of all global equities and portfolios over the last 30 days.

2 Months Efficiency

iPath Pure Sharpe Ratio = 0.1577
Best
Portfolio
Best
Equity
Good Returns
Average Returns
Small Returns
CashBCMAverage
Risk
High
Risk
Huge
Risk
Negative Returns
Estimated Market Risk
 0.7
  actual daily
 
 94 %
of total potential
  
Expected Return
 0.11
  actual daily
 
 2 %
of total potential
  
Risk-Adjusted Return
 0.16
  actual daily
 
 10 %
of total potential
  
Based on monthly moving average iPath Pure is performing at about 10% 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.
Check also Trending Equities. Please also try Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.