Ipath Bloomberg Commodity Etf Price History

DJP Etf  USD 32.68  0.15  0.46%   
Below is the normalized historical share price chart for iPath Bloomberg Commodity extending back to June 07, 2006. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of IPath Bloomberg stands at 32.68, as last reported on the 1st of May, with the highest price reaching 32.78 and the lowest price hitting 32.58 during the day.
3 y Volatility
17.87
200 Day MA
31.4365
1 y Volatility
12.89
50 Day MA
31.2464
Inception Date
2006-06-06
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in IPath Etf, it is important to understand the factors that can impact its price. We consider IPath Bloomberg very steady. iPath Bloomberg Commodity holds Efficiency (Sharpe) Ratio of 0.23, which attests that the entity had a 0.23% return per unit of risk over the last 3 months. We have found thirty technical indicators for iPath Bloomberg Commodity, which you can use to evaluate the volatility of the entity. Please check out IPath Bloomberg's Risk Adjusted Performance of 0.1073, market risk adjusted performance of (0.43), and Downside Deviation of 0.5636 to validate if the risk estimate we provide is consistent with the expected return of 0.13%.
  
IPath Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2344

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Estimated Market Risk

 0.57
  actual daily
5
95% of assets are more volatile

Expected Return

 0.13
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.23
  actual daily
18
82% of assets perform better
Based on monthly moving average IPath Bloomberg is performing at about 18% 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 Bloomberg by adding it to a well-diversified portfolio.
Average Mkt Cap Mil
 -
Market Capitalisation
{Big=-, Small=-, Mega=-, Medium=-, Micro=-}

IPath Bloomberg Etf Price History Chart

There are several ways to analyze iPath Bloomberg Commodity Etf price data. The simplest method is using a basic IPath candlestick price chart, which shows IPath Bloomberg price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceApril 29, 202432.68
Lowest PriceFebruary 14, 202429.41

IPath Bloomberg May 1, 2024 Etf Price Synopsis

Various analyses of IPath Bloomberg's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell IPath Etf. It can be used to describe the percentage change in the price of IPath Bloomberg from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of IPath Etf.
IPath Bloomberg Price Action Indicator 0.07 
IPath Bloomberg Price Rate Of Daily Change 1.00 
IPath Bloomberg Price Daily Balance Of Power 0.75 

IPath Bloomberg May 1, 2024 Etf Price Analysis

When benchmark price declines in a down market, there may be an uptick in iPath Bloomberg Commodity Etf price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use IPath Bloomberg intraday prices and daily technical indicators to check the level of noise trading in iPath Bloomberg Commodity Etf and then apply it to test your longer-term investment strategies against IPath.

IPath Etf Price History Data

The price series of IPath Bloomberg for the period between Thu, Feb 1, 2024 and Wed, May 1, 2024 has a statistical range of 3.27 with a coefficient of variation of 3.36. Under current investment horizon, the daily prices are spread out with arithmetic mean of 30.96. The median price for the last 90 days is 30.73.
OpenHighLowCloseVolume
05/01/2024
 32.64  32.78  32.58  32.68 
04/29/2024 32.64  32.78  32.58  32.68  22,901 
04/26/2024 32.63  32.68  32.51  32.53  23,541 
04/25/2024 32.36  32.60  32.33  32.55  20,060 
04/24/2024 32.41  32.54  32.38  32.41  31,660 
04/23/2024 32.09  32.53  32.09  32.48  57,548 
04/22/2024 32.20  32.47  32.20  32.45  34,647 
04/19/2024 32.31  32.57  32.31  32.49  39,425 
04/18/2024 32.15  32.23  32.11  32.15  19,624 
04/17/2024 32.02  32.49  32.02  32.16  31,074 
04/16/2024 32.32  32.49  32.17  32.41  28,958 
04/15/2024 32.45  32.54  32.14  32.54  28,400 
04/12/2024 32.80  32.96  32.30  32.35  62,300 
04/11/2024 32.36  32.36  32.16  32.35  107,373 
04/10/2024 32.43  32.46  32.29  32.44  130,061 
04/09/2024 32.56  32.65  32.36  32.49  86,100 
04/08/2024 32.47  32.52  32.26  32.48  125,700 
04/05/2024 32.20  32.50  32.18  32.36  32,651 
04/04/2024 32.03  32.23  31.94  32.13  50,692 
04/03/2024 31.89  32.12  31.88  32.12  100,888 
04/02/2024 31.54  31.69  31.54  31.65  48,920 
04/01/2024 31.29  31.44  31.24  31.37  56,540 
03/28/2024 30.85  31.19  30.80  31.10  84,882 
03/27/2024 30.62  30.75  30.50  30.73  24,610 
03/26/2024 31.06  31.09  30.78  30.83  85,914 
03/25/2024 30.90  31.12  30.90  31.05  49,600 
03/22/2024 30.98  31.05  30.81  30.85  81,555 
03/21/2024 31.07  31.11  30.91  31.08  119,370 
03/20/2024 30.92  31.20  30.85  31.20  30,479 
03/19/2024 31.12  31.14  31.05  31.11  30,796 
03/18/2024 31.20  31.20  31.04  31.19  50,229 
03/15/2024 30.85  31.02  30.81  31.01  52,592 
03/14/2024 30.90  31.00  30.81  30.94  64,984 
03/13/2024 30.66  30.91  30.66  30.91  63,600 
03/12/2024 30.60  30.67  30.53  30.60  64,364 
03/11/2024 30.43  30.65  30.42  30.64  85,350 
03/08/2024 30.45  30.52  30.29  30.51  35,485 
03/07/2024 30.51  30.68  30.51  30.58  46,845 
03/06/2024 30.43  30.52  30.37  30.37  44,971 
03/05/2024 30.30  30.34  30.16  30.23  80,371 
03/04/2024 30.47  30.51  30.33  30.36  59,670 
03/01/2024 30.05  30.23  29.92  30.14  126,167 
02/29/2024 29.88  30.11  29.87  29.94  41,678 
02/28/2024 29.97  30.01  29.92  29.95  58,425 
02/27/2024 29.88  29.98  29.88  29.92  42,129 
02/26/2024 29.49  29.71  29.49  29.70  88,216 
02/23/2024 29.58  29.59  29.47  29.53  26,100 
02/22/2024 29.75  29.90  29.75  29.85  103,922 
02/21/2024 29.87  29.95  29.82  29.95  346,946 
02/20/2024 29.77  29.78  29.56  29.68  48,000 
02/16/2024 29.61  29.79  29.61  29.78  80,419 
02/15/2024 29.57  29.76  29.54  29.59  301,145 
02/14/2024 29.67  29.77  29.40  29.41  143,783 
02/13/2024 29.84  29.86  29.68  29.75  48,646 
02/12/2024 29.94  30.04  29.90  29.91  58,996 
02/09/2024 30.00  30.12  29.91  29.97  52,936 
02/08/2024 29.91  30.06  29.91  30.01  57,808 
02/07/2024 29.85  29.96  29.85  29.89  53,325 
02/06/2024 29.87  29.93  29.82  29.91  41,918 
02/05/2024 29.70  29.85  29.64  29.81  46,254 
02/02/2024 29.90  29.97  29.82  29.87  332,000 

About IPath Bloomberg Etf history

IPath Bloomberg investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for IPath is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in iPath Bloomberg Commodity will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing IPath Bloomberg stock prices may prove useful in developing a viable investing in IPath Bloomberg
The Dow Jones-UBS Commodity Index Total ReturnService Mark reflects the returns that are potentially available through an unleveraged investment in the futures contracts on physical commodities comprising the index plus the rate of interest that could be earned on cash collateral invested in specified Treasury Bills. Ipath Commodity is traded on NYSEARCA Exchange in the United States.

IPath Bloomberg Etf Technical Analysis

IPath Bloomberg technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
A focus of IPath Bloomberg technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of IPath Bloomberg trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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IPath Bloomberg Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for IPath Bloomberg's price direction in advance. Along with the technical and fundamental analysis of IPath Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of IPath to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether iPath Bloomberg Commodity is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if IPath Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Ipath Bloomberg Commodity Etf. Highlighted below are key reports to facilitate an investment decision about Ipath Bloomberg Commodity Etf:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in iPath Bloomberg Commodity. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in inflation.
You can also try the Stocks Directory module to find actively traded stocks across global markets.
The market value of iPath Bloomberg Commodity 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 Bloomberg's value that differs from its market value or its book value, called intrinsic value, which is IPath Bloomberg'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 Bloomberg's market value can be influenced by many factors that don't directly affect IPath Bloomberg'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 Bloomberg's value and its price as these two are different measures arrived at by different means. Investors typically determine if IPath Bloomberg is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IPath Bloomberg'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.