iPath Series Performance

iPath Series B SP GSCI Crude Oil -- USA Etf  

USD 51.56  0.39  0.76%

The entity maintains market beta of -0.9657 which attests that . Although it is extremely important to respect iPath Series B historical price patterns, it is better to be realistic regarding the information on equity current price history. The philosophy towards determining future performance of any etf is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By examining iPath Series B technical indicators you can presently evaluate if the expected return of 0.1594% will be sustainable into the future.
Investment Horizon     30 Days    Login   to change

Relative Risk vs. Return Landscape

If you would invest  5,015  in iPath Series B SP GSCI Crude Oil on September 22, 2017 and sell it today you would earn a total of  140.93  from holding iPath Series B SP GSCI Crude Oil or generate 2.81% return on investment over 30 days. iPath Series B SP GSCI Crude Oil is currenly generating 0.1594% of daily expected returns and assumes 1.0641% risk (volatility on return distribution) over the 30 days horizon. In different words, 10% of equities are less volatile than iPath Series B SP GSCI Crude Oil and 97% 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 Series B SP GSCI Crude Oil is expected to generate 1.23 times less return on investment than the market. In addition to that, the company is 3.95 times more volatile than its market benchmark. It trades about 0.15 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.73 per unit of volatility.

iPath Series Daily Price Distribution

The median price of iPath Series for the period between Fri, Sep 22, 2017 and Sun, Oct 22, 2017 is 50.48 with a coefficient of variation of 1.82. The daily time series for the period is distributed with a sample standard deviation of 0.92, arithmetic mean of 50.51, and mean deviation of 0.72. The Etf did not receive any noticable media coverage during the period.
10 

Risk-Adjusted Performance

Compared to the overall equity markets, risk-adjusted returns on investments in iPath Series B SP GSCI Crude Oil are ranked lower than 10 (%) of all global equities and portfolios over the last 30 days.

One Month Efficiency

iPath Series Sharpe Ratio = 0.1498
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Estimated Market Risk

 1.06
  actual daily
 
 91 %
of total potential
  

Expected Return

 0.16
  actual daily
 
 3 %
of total potential
  

Risk-Adjusted Return

 0.15
  actual daily
 
 10 %
of total potential
  
Based on monthly moving average iPath Series is performing at about 10% 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 Series by adding it to a well-diversified portfolio.