iPath SP Performance

OIL -- USA iPath Goldman Sachs Crude Oil Total Return Index ETN  

USD 1,682  15.77  0.93%

The entity maintains market beta of -2942.1441 which attests that as returns on market increase, returns on owning iPath SP are expected to decrease by larger amounts. On the other hand, during market turmoil, iPath SP is expected to significantly outperform it.. Although it is essential to pay attention to iPath SP GSCI historical price patterns, it is also good to be reasonable about what you can actually do with equity current price history. Macroaxis philosophy towards determining future performance of any ipath goldman sachs crude oil total return index etn is to look not only at its past charts but also at the business as a whole, including all available fundamental and technical indicators. To evaluate if iPath SP GSCI expected return of 40.9164 will be sustainable into the future, we have found twenty different technical indicators which can help you to check if the expected returns are sustainable.
 Time Horizon     30 Days    Login   to change

iPath SP GSCI Relative Risk vs. Return Landscape

If you would invest  171,136  in iPath SP GSCI Crude Oil TR ETN on June 17, 2018 and sell it today you would lose (2,975)  from holding iPath SP GSCI Crude Oil TR ETN or give up 1.74% of portfolio value over 30 days. iPath SP GSCI Crude Oil TR ETN is generating 40.9164% of daily returns assuming volatility of 215.2734% on return distribution over 30 days investment horizon. In other words, majority of equities are less volatile than the company and most equities are expected to generate higher returns over the next 30 days.
 Daily Expected Return (%) 
      Risk (%) 
Considering 30-days investment horizon, iPath SP GSCI Crude Oil TR ETN is expected to generate 337.05 times more return on investment than the market. However, the company is 337.05 times more volatile than its market benchmark. It trades about 0.19 of its potential returns per unit of risk. The DOW is currently generating roughly 0.02 per unit of risk.

iPath SP Market Risk Analysis

Sharpe Ratio = 0.1901
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Equity
OIL
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CashSmall
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iPath SP Relative Performance Indicators

Estimated Market Risk
 215.27
  actual daily
 
 4 %
of total potential
  
Expected Return
 5.28
  actual daily
 
 96 %
of total potential
  
Risk-Adjusted Return
 0.19
  actual daily
 
 12 %
of total potential
  
Based on monthly moving average iPath SP is performing at about 12% 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 SP by adding it to a well-diversified portfolio.

Performance Rating

iPath SP GSCI Crude Oil TR ETN Risk Adjusted Performance Analysis
12 

Risk-Adjusted Performance

Compared to the overall equity markets, risk-adjusted returns on investments in iPath SP GSCI Crude Oil TR ETN are ranked lower than 12 (%) of all global equities and portfolios over the last 30 days.

iPath SP Alerts

Equity Alerts and Improvement Suggestions
iPath SP GSCI appears to be very risky and stock price may revert if volatility continues
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