|iPath Seasonal Natural Gas ETN -- USA Etf|| |
USD 16.63 0.00 0.00%
The entity maintains market beta of 0.7519 which attests that as returns on market increase, iPath Seasonal returns are expected to increase less than the market. However during bear market, the loss on holding iPath Seasonal will be expected to be smaller as well.. Even though it is essential to pay attention to iPath Seasonal Natural
historical price patterns
, it is always good to be careful when utilizing equity current price history. Macroaxis philosophy towards determining future performance of any etf is to check both, its past performance charts as well as the business as a whole, including all available technical indicators
. iPath Seasonal Natural exposes twenty-four different technical indicators which can help you to evaluate its performance.
iPath Seasonal Natural Relative Risk vs. Return Landscape
If you would invest 1,695
in iPath Seasonal Natural Gas ETN on December 20, 2017
and sell it today you would lose (32)
from holding iPath Seasonal Natural Gas ETN or give up 1.89%
of portfolio value over 30
days. iPath Seasonal Natural Gas ETN is currenly does not generate positive expected returns and assumes 0.4628% risk (volatility on return distribution) over the 30 days horizon. In different words, 4% of equities are less volatile than iPath Seasonal Natural Gas ETN and 99% of traded equity instruments are projected to make higher returns than the company over the 30 days investment horizon.
Daily Expected Return (%)
Given the investment horizon of 30 days, iPath Seasonal Natural Gas ETN is expected to under-perform the market. In addition to that, the company is 1.05 times more volatile than its market benchmark. It trades about -0.59 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.66 per unit of volatility.
iPath Seasonal Realized Returns
iPath Seasonal Daily Price Distribution
The median price of iPath Seasonal for the period between Wed, Dec 20, 2017 and Fri, Jan 19, 2018 is 17.3 with a coefficient of variation of 2.3. The daily time series for the period is distributed with a sample standard deviation of 0.4, arithmetic mean of 17.32, and mean deviation of 0.36. The Etf received some media coverage during the period.