iPath Series Technical Analysis

iPath Series B SP GSCI Crude Oil -- USA Etf  

USD 62.73  0.32  0.51%

iPath Series B SP GSCI Crude Oil maintains Market Risk Adjusted Performance of 1.63 and Mean Deviation of 0.5962. Relative to Fundamental Indicators, Macroaxis technical analysis interface lets you check existing technical drivers of iPath Series B SP GSCI Crude Oil as well as the relationship between them. Specifically you can use this information to find out if the etf will indeed mirror its model of past data patterns or the prices will eventually revert. We found nineteen technical drivers for iPath Series B which can be compared to its rivals. Please check out iPath Series B Downside Deviation, Treynor Ratio, Expected Short fall, as well as the relationship between Variance and Potential Upside to decide if iPath Series B is priced fairly providing market reflects its latest price of 62.73 per share.
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iPath Series B Technical Analysis

Time Period
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The output start index for this execution was six with a total number of output elements of eleven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of iPath Series B volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.

iPath Series B Trend Analysis

Use this graph to draw trend lines for iPath Series B SP GSCI Crude Oil. You can use it to identify possible trend reversals for iPath Series as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual iPath Series price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

iPath Series Best Fit Change Line

The following chart estimates an ordinary least squares regression model for iPath Series B SP GSCI Crude Oil applied against its price change over selected period. The best fit line has a slop of 0.44 % which means iPath Series B SP GSCI Crude Oil will continue generating value for investors. It has 34 observation points and a regression sum of squares at 157.52, which is the sum of squared deviations for the predicted iPath Series price change compared to its average price change.

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Pair Correlation

Compare performance and examine historical correlation between any two equity instruments
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iPath Series B SP GSCI Crude Oil is regarded fourth largest ETF in mean deviation as compared to similar ETFs. It is currently under evaluation in standard deviation as compared to similar ETFs creating about  1.3  of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for iPath Series B SP GSCI Crude Oil is roughly  1.3 

One Year Return

iPath Series B One Year Return
Based on recorded statements iPath Series B SP GSCI Crude Oil has One Year Return of 3.5%. This is 108.26% lower than that of the Barclays family, and significantly higher than that of Commodities Energy category, The One Year Return for all etfs is 380.0% lower than the firm.
  Year Return 
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Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.