iPath Pure Beta maintains prevalent Real Value of $29.55 per share. The last-minute price of the etf is $29.62. 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.
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iPath Pure Beta Broad Commodity ETN is second largest ETF in three year return as compared to similar ETFs. It is rated below average in net asset as compared to similar ETFs .
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.