iPath Pure Beta Broad Commodity ETN maintains Market Risk Adjusted Performance of 12.15, Mean Deviation of 0.559 and Downside Deviation of 0.6318. 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 BetaJensen 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 30.42 per share.
The output start index for this execution was one with a total number of output elements of thirty-eight. 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 0.03684 % which may imply that iPath Pure Beta Broad Commodity ETN will maintain its good market sentiment and make money for investors. It has 78 observation points and a regression sum of squares at 13.41, which is the sum of squared deviations for the predicted iPath Pure price change compared to its average price change.
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