PowerShares Multi-Factor Technical Analysis Overview

GMFL -- USA Etf  

USD 27.98  0.97  3.59%

PowerShares Multi-Factor Large Cap Portfolio holds Coefficient Of Variation of 1287.66, Semi Deviation of 0.8831 and Risk Adjusted Performance of 0.0538. PowerShares Multi-Factor technical analysis gives you tools to exploit past prices in attempt to determine a pattern that determines the direction of the etf future prices. In other words you can use this information to find out if the etf will indeed mirror its model of past market data or the prices will eventually revert. We found nineteen technical drivers for PowerShares Multi-Factor which can be compared to its competitors. Please check PowerShares Multi-Factor Jensen Alpha, Potential Upside as well as the relationship between Potential Upside and Skewness to decide if PowerShares Multi-Factor is priced some-what accurately providing market reflects its current price of 27.98 per share.
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PowerShares Multi-Factor Technical Analysis

Time Period
  Portfolio Optimization    
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The output start index for this execution was six with a total number of output elements of eleven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of PowerShares Multi-Factor volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.

PowerShares Multi-Factor Trend Analysis

Use this graph to draw trend lines for PowerShares Multi-Factor Large Cap Portfolio. You can use it to identify possible trend reversals for PowerShares Multi-Factor as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual PowerShares Multi-Factor price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

PowerShares Multi-Factor Best Fit Change Line

The following chart estimates an ordinary least squares regression model for PowerShares Multi-Factor Large Cap Portfolio applied against its price change over selected period. The best fit line has a slop of 0.021457 % which means PowerShares Multi-Factor Large Cap Portfolio will continue generating value for investors. It has 34 observation points and a regression sum of squares at 0.38, which is the sum of squared deviations for the predicted PowerShares Multi-Factor price change compared to its average price change.

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PowerShares Multi-Factor July 19, 2018 Daily Price Condition

Please also check Risk vs Return Analysis. Please also try Idea Breakdown module to analyze constituents of all macroaxis ideas. macroaxis investment ideas are predefined, sector-focused investing themes.