iPath Pure Valuation Overview

BCM -- USA Etf  

USD 28.71  0.014  0.0488%

iPath Pure Beta maintains prevalent Real Value of $28.82 per share. The last-minute price of the etf is $28.71. 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 59.09M and Five Year Return of (5.20)% as well as analyzing its technical indicators and Probability Of Bankruptcy. In general, we encourage to purchase undervalued securities and to sell overvalued securities 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 fifth largest ETF in five year return as compared to similar ETFs. It is rated below average in one year return as compared to similar ETFs .

Current Market Valuation

iPath Pure Beta Valuation Boundaries
Fairly Valued
July 19, 2018
28.71
Market Value
28.82
Real Value
Target Odds
  
31.13
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.
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