|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.