Ipath Series B Etf Profile
| GRN Etf | USD 26.23 0.05 0.19% |
Performance2 of 100
| Odds Of DistressLess than 9
|
IPath Series is selling at 26.23 as of the 21st of December 2024; that is 0.19% down since the beginning of the trading day. The etf's open price was 26.28. IPath Series has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. The performance scores are derived for the period starting the 21st of November 2024 and ending today, the 21st of December 2024. Click here to learn more.
The index has the objective of providing exposure to the price of carbon as measured by the return of futures contracts on carbon emissions credits from two of the worlds major emissions-related mechanisms. Ipath Series is traded on New York Stock Exchange in the United States. More on iPath Series B
Moving against IPath Etf
IPath Etf Highlights
| Thematic Ideas | (View all Themes) |
| Old Names | [Green REIT PLC, Greenlane Renewables Inc, Greenalia S.A.] |
| Business Concentration | WSE WIG INDEX, Warsaw WIG80 Index, Strategy ETFs, Theme ETFs, Alternative Energy, Commodities Focused, Barclays (View all Sectors) |
| Issuer | Barclays Capital |
| Inception Date | 2019-09-11 |
| Benchmark | Barclays Global Carbon II TR USD Index |
| Entity Type | Exchange-Traded Note |
| Asset Under Management | 21.56 Million |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Theme |
| Market Concentration | Developed Markets |
| Region | Global |
| Fiscal Year End | 31-Dec |
| Exchange | NYSE Arca, Inc. |
| Market Maker | Jane Street |
| Country Name | USA |
| Returns Y T D | (14.34) |
| Name | iPath Series B Carbon ETN |
| Currency Code | USD |
| Open Figi | BBG00Q6YJRB9 |
| In Threey Volatility | 31.98 |
| 1y Volatility | 34.7 |
| 200 Day M A | 26.5438 |
| 50 Day M A | 26.4381 |
| Code | GRN |
| Updated At | 21st of December 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.05) |
| Type | ETF |
iPath Series B [GRN] is traded in USA and was established 2019-09-10. The fund is classified under Commodities Focused category within Barclays family. The entity is thematically classified as Strategy ETFs. iPath Series B currently have 122.13 M in assets under management (AUM). , while the total return for the last 3 years was -6.1%.
Check IPath Series Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on IPath Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding IPath Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as iPath Series B Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
iPath Series B Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in IPath Series. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.0421 | |||
| Jensen Alpha | 0.0799 | |||
| Total Risk Alpha | 0.0248 | |||
| Sortino Ratio | 0.033 |
IPath Series Against Markets
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in iPath Series B. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
The market value of iPath Series B 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 Series' value that differs from its market value or its book value, called intrinsic value, which is IPath Series' 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 Series' market value can be influenced by many factors that don't directly affect IPath Series' 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 Series' value and its price as these two are different measures arrived at by different means. Investors typically determine if IPath Series is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IPath Series' 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.