IPath Etf Performance

BCM Etf  USD 44.64  0.88  1.93%   
The etf retains a Market Volatility (i.e., Beta) of 0.5809, which attests to possible diversification benefits within a given portfolio. Let's try to break down what IPath's beta means in this case. As returns on the market increase, IPath Pure returns are expected to increase less than the market. However, during the bear market, the loss on holding IPath Pure will be expected to be smaller as well. Even though it is essential to pay attention to IPath Pure Beta current price history, it is always good to be careful when utilizing equity current price movements. Our approach into determining any etf's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. IPath Pure Beta exposes twenty-one different technical indicators, which can help you to evaluate its performance.
  
IPath Performance
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Over the last 90 days IPath Pure Beta has generated negative risk-adjusted returns adding no value to investors with long positions. Even with relatively steady fundamental indicators, IPath Pure is not utilizing all of its potentials. The current stock price chaos, may contribute to medium-term losses for the stakeholders. ...more

IPath Price Channel

Fifty Two Week Low36.34
Fifty Two Week High60.15

IPath Pure Relative Risk vs. Return Landscape

If you would invest  4,554  in IPath Pure Beta on November 7, 2022 and sell it today you would lose (90.00)  from holding IPath Pure Beta or give up 1.98% of portfolio value over 90 days. IPath Pure Beta is generating negative expected returns assuming volatility of 1.0422% on return distribution over 90 days investment horizon. In other words, 9% of etfs are less volatile than IPath, and above 99% of all equities are expected to generate higher returns over the next 90 days.
  Daily Expected Return (%)  
       Risk (%)  
Considering the 90-day investment horizon IPath Pure is expected to under-perform the market. But the company apears to be less risky and when comparing its historical volatility, the company is 1.05 times less risky than the market. the firm trades about -0.03 of its potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.12 of returns per unit of risk over similar time horizon.

IPath Pure Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for IPath Pure's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as IPath Pure Beta, and traders can use it to determine the average amount a IPath Pure's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = -0.0258

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Estimated Market Risk
 1.04
  actual daily
 
 9 %
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99
Expected Return
 -0.03
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Based on monthly moving average IPath Pure is performing at about 0% 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 Pure by adding it to a well-diversified portfolio.

About IPath Pure Performance

To evaluate IPath Pure Beta Etf as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when IPath Pure generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare IPath Etf's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand IPath Pure Beta market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents IPath's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2023
Return on Average Assets(9.83) (10.61) 
Return on Average Equity(10.01) (10.80) 

Things to note about IPath Pure Beta

Checking the ongoing alerts about IPath Pure for important developments is a great way to find new opportunities for your next move. Etf alerts and notifications screener for IPath Pure Beta help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Continue to Trending Equities. Note that the IPath Pure Beta information on this page should be used as a complementary analysis to other IPath Pure's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Bond Directory module to find actively traded corporate debentures issued by US companies.

Complementary Tools for IPath Etf analysis

When running IPath Pure Beta price analysis, check to measure IPath Pure's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy IPath Pure is operating at the current time. Most of IPath Pure's value examination focuses on studying past and present price action to predict the probability of IPath Pure's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move IPath Pure's price. Additionally, you may evaluate how the addition of IPath Pure to your portfolios can decrease your overall portfolio volatility.
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The market value of IPath Pure Beta is measured differently than its book value, which is the value of IPath that is recorded on the company's balance sheet. Investors also form their own opinion of IPath Pure's value that differs from its market value or its book value, called intrinsic value, which is IPath Pure's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because IPath Pure's market value can be influenced by many factors that don't directly affect IPath Pure's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between IPath Pure's value and its price as these two are different measures arrived at by different means. Investors typically determine IPath Pure value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IPath Pure's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.