iPath Pure Valuation

iPath Pure Beta Broad Commodity ETN -- USA Etf  

USD 29.7  0.0801  0.27%

iPath Pure Beta maintains prevalent Real Value of $29.61 per share. The last-minute price of the etf is $29.7. At this time the etf appears to be fairly valued. Macroaxis calculates value of iPath Pure Beta from examining the etf fundamentals such as Total Asset of 56.72M and Five Year Return of (8.1)% as well as analyzing its technical indicators and Probability Of Bankruptcy. In general, we encourage to purchase undervalued securites and to sell overvalued securites since at some point equities prices and their ongoing real values will grow together.
 Time Horizon     30 Days    Login   to change
iPath Pure Beta Broad Commodity ETN is third largest ETF in net asset as compared to similar ETFs. It is second largest ETF in one year return as compared to similar ETFs . The ratio of Net Asset to One Year Return for iPath Pure Beta Broad Commodity ETN is about  7,738,063 
Fairly Valued
January 22, 2018
29.7
Market Value
Downside upside
29.61
Real Value
Target Price Odds
 Above  Below  
30.48
Upside
Upside upside
iPath Pure is not too risky asset. Calculation of real value of iPath Pure Beta is based on 1 month time horizon. Increasing iPath Pure Beta time horizon generally increases accuracy of value calculation and significantly improves predictive power of the methodology used.

Net Asset

iPath Pure Net Asset Analysis
iPath Pure Beta Broad Commodity ETN is third largest ETF in net asset as compared to similar ETFs. Total Asset Under Management (AUM) of Commodities Broad Basket category is currently estimated at about 303.84 Million. iPath Pure retains roughly 56.72 Million in net asset claiming about 19% of ETFs in Commodities Broad Basket category.