PowerShares DB Backtesting

PowerShares DB Energy ETF -- USA Etf  

USD 13.14  0.04  0.3%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of PowerShares DB Energy ETF and determine expected loss or profit from investing in PowerShares DB over given investment horizon. Additionally see PowerShares DB Hype Analysis, PowerShares DB Correlation, Portfolio Optimization, PowerShares DB Volatility as well as analyze PowerShares DB Alpha and Beta and PowerShares DB Performance
Investment Horizon     30 Days    Login   to change

PowerShares DB 'What if' Analysis

September 21, 2017
No Change 0.00  0.0%
In 30 days
October 21, 2017
If you would invest  0.00  in PowerShares DB on September 21, 2017 and sell it all today you would earn a total of 0.00 from holding PowerShares DB Energy ETF or generate 0.0% return on investment in PowerShares DB over 30 days. PowerShares DB is related to or competes with United States, iPath SP, United States, PowerShares DB, United States. The investment seeks to track the DBIQ Optimum Yield Energy Index Excess Return , which is intended to reflect the energ...

PowerShares DB Upside/Downside Indicators


PowerShares DB Market Premium Indicators

PowerShares DB Energy lagged returns against current returns

 Current and Lagged Values 

PowerShares DB regressed lagged prices vs. current prices

 Current vs Lagged Prices 

PowerShares DB Energy Backtested Returns

We consider PowerShares DB not very risky. PowerShares DB Energy maintains Sharpe Ratio (i.e. Efficiency) of 0.1121 which implies PowerShares DB Energy had 0.1121% of return per unit of risk over the last 1 month. Our philosophy towards forecasting volatility of a etf is to use all available market data together with company specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for PowerShares DB Energy which you can use to evaluate future volatility of the etf. Please check PowerShares DB Energy Coefficient Of Variation of 891.63, Semi Deviation of 0.9887 and Risk Adjusted Performance of 0.037 to confirm if risk estimate we provide are consistent with the epected return of 0.1338%. The etf holds Beta of -1.8212 which implies as returns on market increase, returns on owning PowerShares DB are expected to decrease by larger amounts. On the other hand, during market turmoil, PowerShares DB is expected to significantly outperform it.. Although it is extremely important to respect PowerShares DB Energy current trending patternss, it is better to be realistic regarding the information on equity existing price patterns. The philosophy towards forecasting future performance of any etf is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By analyzing PowerShares DB Energy technical indicators you can presently evaluate if the expected return of 0.1338% will be sustainable into the future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.3) 

Weak reverse predictability

PowerShares DB Energy ETF has weak reverse predictability. Overlapping area represents the amount of predictability between PowerShares DB time series from September 21, 2017 to October 6, 2017 and October 6, 2017 to October 21, 2017. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of PowerShares DB Energy price movement. The serial correlation of -0.3 indicates that nearly 30.0% of current PowerShares DB price fluctuation can be explain by its past prices. Given that PowerShares DB Energy ETF has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of PowerShares DB for similar time interval.
Correlation Coefficient -0.3
Spearman Rank Test -0.15
Price Variance 0.04
Lagged Price Variance 0.02

PowerShares DB Lagged Returns

 Regressed Prices 

PowerShares DB Performance vs DOW

The median price of PowerShares DB for the period between Thu, Sep 21, 2017 and Sat, Oct 21, 2017 is 12.91 with a coefficient of variation of 1.42. The daily time series for the period is distributed with a sample standard deviation of 0.18, arithmetic mean of 12.9, and mean deviation of 0.15. The Etf received some media coverage during the period.
Price Growth (%)  
PowerShares DB Energy ETF Rises 0.47 percent for Oct 1110/11/2017