PowerShares QQQ Buy or Sell Recommendation

Macroaxis provides PowerShares QQQ ETF buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding PowerShares QQQ positions. The advice algorithm takes into account all of PowerShares QQQ ETF available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from PowerShares QQQ buy-and-hold prospective. Additionally take a look at PowerShares QQQ Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with current analyst consensus

Time Horizon

Risk Tolerance

Symbol
Execute Advice
PowerShares QQQ ETF -- USA Etf  

USD 166.27  1.47  0.89%

Considering 30-days investment horizon, and your above average risk tolerance our recommendation regarding PowerShares QQQ ETF is 'Strong Hold'.
For the selected time horizon PowerShares QQQ ETF has a risk adjusted performance of 0.12, jensen alpha of 0.0647, total risk alpha of 0.0812, sortino ratio of 0.0 and treynor ratio of 0.14
Macroaxis provides advice on PowerShares QQQ ETF to complement and cross-verify current analyst consensus on PowerShares QQQ ETF. Our recommendation engine determines the entity potential to grow exclusively from the prospective of investors current risk tolerance and investing horizon. Use PowerShares QQQ ETF Price to Earning, Total Asset as well as the relationship between Total Asset and Equity Positions Weight to make sure your buy or sell decision on PowerShares QQQ ETF is adequate.

Returns Distribution Density

Mean Return0.12Value At Risk3.35
Potential Upside1.87Standard Deviation1.63
 Return Density 
      Distribution 

PowerShares QQQ Greeks

α
Alpha over DOW
=0.064686
β
Beta against DOW=0.87
σ
Overall volatility
=1.63
Ir
Information ratio =0.0563

PowerShares QQQ Volatility Alert

PowerShares QQQ ETF exhibits very low volatility with skewness of -0.82 and kurtosis of 0.8. However, we advise investors to further study PowerShares QQQ ETF technical indicators to make sure all market info is available and is reliable.
    
 Better Than Average     
    
 Worse Than Average Compare PowerShares QQQ to competition
FundamentalsPowerShares QQQPeer Average
Price to Earning9.27 times8.24 times
Price to Book4.66 times0.97 times
Price to Sales2.84 times0.72 times
One Year Return37.23 % (1.25) %
Three Year Return19.98 % 2.26 %
Five Year Return21.82 % 0.20 %
Ten Year Return15.23 % 0.29 %
Net Asset64.33 B888.73 M
Equity Positions Weight99.89 % 49.22 %
SellBuy
Strong Hold

Volatility

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Currently Unavailable

Piotroski F Score

Financial Leverage

Inapplicable
Risk Adjusted Performance0.12
Market Risk Adjusted Performance0.13
Mean Deviation1.19
Coefficient Of Variation1,419
Standard Deviation1.63
Variance2.67
Information Ratio0.0563
Jensen Alpha0.0647
Total Risk Alpha0.0812
Treynor Ratio0.14
Maximum Drawdown6.21
Value At Risk3.35
Potential Upside1.87
Skewness0.82
Kurtosis0.7992