iPath SP Valuation Overview

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

USD 0.15  7.47  97.98%

iPath SP seems to be under valued based on Macroaxis valuation methodology. Macroaxis calculates value of iPath SP GSCI from examining the ipath goldman sachs crude oil total return index etn fundamentals such as Total Asset of 585.82M, One Year Return of 31.00% and Net Asset of 585.82M as well as analyzing its technical indicators and Probability Of Bankruptcy. In general, we encourage to purchase undervalued securities and to sell overvalued securities since at some point equities prices and their ongoing real values will grow together.
Horizon     30 Days    Login   to change

Current Market Valuation

iPath SP GSCI Valuation Boundaries

Under Valued
September 23, 2018
0.15
Market Value
468.92
Real Value
Target Odds
  
641.96
Upside
iPath SP is not very risky asset. Calculation of real value of iPath SP GSCI is based on 1 month time horizon. Increasing iPath SP GSCI time horizon generally increases accuracy of value calculation and significantly improves predictive power of the methodology used.
Additionally take a look at Your Equity Center. Please also try Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
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