iPath Pure Valuation

iPath Pure Beta Broad Commodity ETN -- USA Etf  

USD 30.53  0.11  0.36%

iPath Pure Beta maintains prevalent Real Value of $33.13 per share. The last-minute price of the etf is $30.53. At this time the etf appears to be under valued. Macroaxis calculates value of iPath Pure Beta from examining the etf fundamentals such as Total Asset of 55.39M and Five Year Return of (7.25)% 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 third largest ETF in one year return as compared to similar ETFs. It is rated below average in net asset as compared to similar ETFs making up about  6,145,433  of Net Asset per One Year Return.

Current Market Valuation

iPath Pure Beta Valuation Boundaries
Under Valued
April 26, 2018
30.53
Market Value
33.13
Real Value
Target Price Odds
 Above  Below  
35.26
Upside
iPath Pure is not too risky asset. Calculation of real value of iPath Pure Beta is based on 2 months 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 rated below average in net asset as compared to similar ETFs. Total Asset Under Management (AUM) of Broad Commodities category is currently estimated at about 7.73 Billion. iPath Pure maintains roughly 56.97 Million in net asset contributing less than 1% to ETFs in Broad Commodities category.
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