iPath Pure Technical Analysis Overview

BCM -- USA Etf  

USD 28.79  0.16  0.56%

iPath Pure Beta Broad Commodity ETN maintains Market Risk Adjusted Performance of 0.2785, Mean Deviation of 0.4407 and Downside Deviation of 0.6221. iPath Pure Beta 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 Pure Beta which can be compared to its rivals. Please check out iPath Pure Beta Jensen Alpha, Semi Variance and the relationship between Standard Deviation and Value At Risk to decide if iPath Pure Beta is priced fairly providing market reflects its latest price of 28.79 per share.
Horizon     30 Days    Login   to change

iPath Pure Beta Technical Analysis

Indicator
Time Period
  Portfolio Optimization    
  
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The output start index for this execution was twelve with a total number of output elements of five. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of iPath Pure Beta volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.

iPath Pure Beta Trend Analysis

Use this graph to draw trend lines for iPath Pure Beta Broad Commodity ETN. You can use it to identify possible trend reversals for iPath Pure 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 Pure price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

iPath Pure Best Fit Change Line

The following chart estimates an ordinary least squares regression model for iPath Pure Beta Broad Commodity ETN applied against its price change over selected period. The best fit line has a slop of 0.02 % which may imply that the returns on investment in iPath Pure Beta Broad Commodity ETN will continue to fail. It has 34 observation points and a regression sum of squares at 0.2, which is the sum of squared deviations for the predicted iPath Pure price change compared to its average price change.

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iPath Pure Beta One Year Return

Based on recorded statements iPath Pure Beta Broad Commodity ETN has One Year Return of 6.54%. This is 181.24% lower than that of the Barclays Funds family, and 290.67% lower than that of Commodities Broad Basket category, The One Year Return for all etfs is 623.2% lower than the firm.
  Year Return 
      iPath Pure 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.

iPath Pure Market Strength

iPath Pure September 18, 2018 Daily Price Condition

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