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

Investment Horizon

  

Risk Tolerance

  
Symbol
Execute Advice
PowerShares QQQ ETF -- USA Etf  

USD 148.71  0.14  0.09%

Considering 30-days investment horizon, and your above average risk tolerance our recommendation regarding PowerShares QQQ ETF is 'Buy'.
For the selected time horizon PowerShares QQQ ETF has a risk adjusted performance of 0.0486, jensen alpha of (0.064025), total risk alpha of (0.18), sortino ratio of (0.1) and treynor ratio of 0.0703
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 Return0.09Value At Risk-0.6123
Potential Upside0.9225Standard Deviation0.4609
 Return Density 
      Distribution 

Institutional Investors

Security TypeSharesValue
Churchill Management CorpFund Units3.7 M533.7 M

PowerShares QQQ Greeks

α
Alpha over DOW
=(0.064025) 
βBeta against DOW= 1.1 
σ
Overall volatility
= 0.46 
 IrInformation ratio =(0.11) 

PowerShares QQQ Volatility Alert

PowerShares QQQ ETF exhibits very low volatility with skewness of -0.21 and kurtosis of 1.15. 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 Earning8.21 times8.24 times
Price to Book4.66 times0.97 times
Price to Sales2.84 times0.72 times
One Year Return26.86 % (1.25) %
Three Year Return14.8 % 2.26 %
Five Year Return17.93 % 0.2 %
Ten Year Return12.61 % 0.29 %
Net Asset53.22 B888.73 M
Equity Positions Weight99.86 % 49.22 %
SellBuy
Buy

Volatility

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Currently Unavailable

Piotroski F Score

Financial Leverage

Inapplicable
Risk Adjusted Performance0.0486
Market Risk Adjusted Performance0.0803
Mean Deviation0.3245
Semi Deviation0.3154
Downside Deviation0.5015
Coefficient Of Variation529.4
Standard Deviation0.4609
Variance0.2124
Information Ratio(0.11)
Jensen Alpha(0.064025)
Total Risk Alpha(0.18)
Sortino Ratio(0.1)
Treynor Ratio0.0703
Maximum Drawdown1.22
Value At Risk(0.61)
Potential Upside0.9225
Downside Variance0.2515
Semi Variance0.0995
Expected Short fall(0.36)
Skewness(0.21)
Kurtosis1.15