iPath Seasonal Performance

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.
 Time Horizon     30 Days    Login   to change

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 (%) 
      Risk (%) 
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.

One Month Efficiency

iPath Seasonal Sharpe Ratio = -0.5855
Good Returns
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Negative ReturnsDCNG

Estimated Market Risk

  actual daily
 96 %
of total potential

Expected Return

  actual daily
 1 %
of total potential

Risk-Adjusted Return

  actual daily
 1 %
of total potential
Based on monthly moving average iPath Seasonal is performing at about 0% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of iPath Seasonal by adding it to a well-diversified portfolio.