iPath Pure Technical Analysis

iPath Pure Beta Broad Commodity ETN -- USA Etf  

USD 29.61  0.0006  0.002%

iPath Pure Beta Broad Commodity ETN maintains Market Risk Adjusted Performance of (0.62) and Mean Deviation of 0.2823. 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 29.61 per share.
 Time Horizon     30 Days    Login   to change

iPath Pure Beta Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 0.038136 % which may imply that iPath Pure Beta Broad Commodity ETN will maintain its good market sentiment and make money for investors. It has 34 observation points and a regression sum of squares at 1.19, 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 Broad Commodity ETN is rated below average in mean deviation as compared to similar ETFs. It is currently under evaluation in standard deviation as compared to similar ETFs creating about  1.41  of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for iPath Pure Beta Broad Commodity ETN is roughly  1.41 

One Year Return

iPath Pure Beta One Year Return
Based on recorded statements iPath Pure Beta Broad Commodity ETN has One Year Return of 7.33%. This is 191.06% lower than that of the Barclays Funds family, and 313.7% lower than that of Commodities Broad Basket category, The One Year Return for all etfs is 686.4% 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.

Fundamentals Correlations

Analyze iPath Pure Fundamentals Trends