PowerShares SP Buy or Sell Recommendation

PowerShares SP 500 Quality ETF -- USA Etf  

USD 30.03  0.28  0.92%

Given the investment horizon of 30 days, and your above average risk tolerance our recommendation regarding PowerShares SP 500 Quality ETF is 'Hold'. Macroaxis provides PowerShares SP 500 Quality ETF buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding PowerShares SP positions. The advice algorithm takes into account all of PowerShares SP 500 Quality ETF available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from PowerShares SP buy-and-hold prospective. Also please take a look at PowerShares SP Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with current analyst consensus.

Time Horizon

Risk Tolerance

Symbol
Execute Advice

PowerShares SP Current Recommendation

SellBuy
Hold

Volatility

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Currently Unavailable
For the selected time horizon PowerShares SP 500 Quality ETF has a risk adjusted performance of 0.11, jensen alpha of 0.079118, total risk alpha of 0.050492, sortino ratio of 0.0 and treynor ratio of 2.15
Macroaxis advice module can be used to complement PowerShares SP recommendation provided by average analyst sentiment. It analyzes the entity potential to grow using fundamental, technical, data market data available at the time. Please employ PowerShares SP Price to Earning, One Year Return as well as the relationship between One Year Return and Equity Positions Weight to make buy, hold, or sell decision on PowerShares SP 500.

Returns Distribution Density

Mean Return0.07Value At Risk2.29
Potential Upside1.63Standard Deviation1.16
 Return Density 
      Distribution 

PowerShares SP Greeks

α
Alpha over DOW
=0.08
β
Beta against DOW=0.0376
σ
Overall volatility
=0.00
Ir
Information ratio =0.03

PowerShares SP Volatility Alert

PowerShares SP 500 Quality ETF exhibits very low volatility with skewness of -0.21 and kurtosis of -0.32. However, we advise investors to further study PowerShares SP 500 Quality ETF technical indicators to make sure all market info is available and is reliable.
    
 Better Than Average     
    
 Worse Than Average Compare PowerShares SP to competition

PowerShares SP Fundamental Vs Peers

FundamentalsPowerShares SPPeer Average
Price to Earning18.50 times8.24 times
Price to Book5.60 times0.97 times
Price to Sales1.97 times0.72 times
One Year Return11.09 % (1.25) %
Three Year Return10.41 % 2.26 %
Five Year Return13.39 % 0.20 %
Ten Year Return8.21 % 0.29 %
Net Asset1.36 B888.73 M
Equity Positions Weight100.00 % 49.22 %

PowerShares SP Market Momentum

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Also please take a look at PowerShares SP Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with current analyst consensus. Please also try Piotroski F Score module to get piotroski f score based on binary analysis strategy of nine different fundamentals.