|GMFL -- USA Etf|| |
USD 24.94 0.44 1.80%
The etf holds Beta of 0.1617 which implies as returns on market increase, PowerShares Multi-Factor returns are expected to increase less than the market. However during bear market, the loss on holding PowerShares Multi-Factor will be expected to be smaller as well.. Even though it is essential to pay attention to PowerShares Multi-Factor
current trending patterns, it is always good to be careful when utilizing equity existing price patterns
. Macroaxis philosophy towards forecasting future performance of any etf is to check both, its past performance charts as well as the business as a whole, including all available technical indicators
. PowerShares Multi-Factor exposes twenty-six different technical indicators which can help you to evaluate its performance.
PowerShares Multi-Factor Relative Risk vs. Return Landscape
If you would invest 2,678
in PowerShares Multi-Factor Large Cap Portfolio on November 18, 2018
and sell it today you would lose (183.90)
from holding PowerShares Multi-Factor Large Cap Portfolio or give up 6.87%
of portfolio value over 30
days. PowerShares Multi-Factor Large Cap Portfolio is currently does not generate positive expected returns and assumes 1.0566% risk (volatility on return distribution) over the 30 days horizon. In different words, 9% of equities are less volatile than PowerShares Multi-Factor Large Cap Portfolio and 99% of traded equity instruments are projected to make higher returns than the company over the 30 days investment horizon.
Daily Expected Return (%)
Given the investment horizon of 30 days, PowerShares Multi-Factor Large Cap Portfolio is expected to generate 0.78 times more return on investment than the market. However, the company is 1.27 times less risky than the market. It trades about -0.14 of its potential returns per unit of risk. The DOW is currently generating roughly -0.13 per unit of risk.
PowerShares Multi-Factor Market Risk Analysis
Sharpe Ratio = -0.1411
PowerShares Multi-Factor Relative Performance Indicators
Estimated Market Risk
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Based on monthly moving average PowerShares Multi-Factor is performing at about 0% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of PowerShares Multi-Factor
by adding it to a well-diversified
Over the last 30 days PowerShares Multi-Factor Large Cap Portfolio has generated negative risk-adjusted returns adding no value to investors with long positions.
|Fifty Two Week Low||25.3560|
|Fifty Two Week High||28.8100|
Please also check Risk vs Return Analysis
. Please also try Positions Ratings
module to determine portfolio positions ratings based on digital equity recommendations. macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.