iPath Pure Performance

BCM -- USA Etf  

USD 29.78  0.25  0.84%

The entity maintains market beta of 0.1488 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 0.0683% will be sustainable into the future.
Horizon     30 Days    Login   to change

iPath Pure Beta Relative Risk vs. Return Landscape

If you would invest  2,910  in iPath Pure Beta Broad Commodity ETN on September 20, 2018 and sell it today you would earn a total of  43.20  from holding iPath Pure Beta Broad Commodity ETN or generate 1.48% return on investment over 30 days. iPath Pure Beta Broad Commodity ETN is generating 0.0683% of daily returns assuming volatility of 0.9384% on return distribution over 30 days investment horizon. In other words, 8% 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 generate 0.88 times more return on investment than the market. However, the company is 1.13 times less risky than the market. It trades about 0.07 of its potential returns per unit of risk. The DOW is currently generating roughly -0.15 per unit of risk.

iPath Pure Market Risk Analysis

Sharpe Ratio = 0.0728
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iPath Pure Relative Performance Indicators

Estimated Market Risk
 0.94
  actual daily
 
 92 %
of total potential
  
Expected Return
 0.07
  actual daily
 
 1 %
of total potential
  
Risk-Adjusted Return
 0.07
  actual daily
 
 4 %
of total potential
  
Based on monthly moving average iPath Pure is performing at about 4% 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.

iPath Pure Performance Rating

iPath Pure Beta Broad Commodity ETN Risk Adjusted Performance Analysis

4 

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 4 (%) of all global equities and portfolios over the last 30 days.

iPath Pure Alerts

Equity Alerts and Improvement Suggestions

Latest headline from www.zacks.com: Tesla Reports Upbeat Production Data ETFs in Focus
The fund generated five year return of -6.0%
iPath Pure Beta Broad Commodity ETN holds all of the assets under management (AUM) in different types of exotic instruments

iPath Pure Performance Indicators

iPath Pure Beta Basic Price Performance Measures

Fifty Two Week Low25.5500
Fifty Two Week High32.0000
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