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Benchmark SP 500  1,652   12.77  Index Moved Up 0.78% United States ...


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PowerShares technical analysis

 
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PowerShares Intl Div

ETF@Archipelago Exchange 
United States USD
     
PowerShares Intl Dividend Achievers holds Coefficient Of Variation of (764), Semi-Deviation of 1.07 and Risk Adjusted Performance of (0.11). Compared with Fundamental Indicators, Macroaxis technical analysis interface allows you to check existing technical drivers of PowerShares as well as the relationship between them. In other words you can use this information to find out if the etf is indeed will mirror its model of past market data or the prices will eventually revert. We found nineteen technical drivers for PowerShares Intl Div which can be compared to its competitors. Please check PowerShares Intl Div Information Ratio, and the relationship between Downside Deviation and Value At Risk to decide if PowerShares Intl Div is priced some-what accurately providing market reflects its current price of 17.15 per share. Use PowerShares Intl Dividend Achievers technical analysis together with your other etf asset holdings to protect against small markets fluctuations as well as to check it against diversification policy that fits your risk preferences.  
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Time Series Trend Analysis

Use this graph to draw trend lines for PowerShares Intl Dividend Achievers. You can use it to identify possible trend reversals for PowerShares 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 price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Closing Price
 
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PowerShares Best Fit Change Line

The following chart estimates an ordinary least squares regression model for PowerShares Intl Dividend Achievers applied against its price change over selected period. The best fit line has a slop of 0.03 % Macroaxis: 0.031285714285714174 Moved Down which may imply that the returns on investment in PowerShares Intl Dividend Achievers will continue to fail. It has 42 observation points and regression sum of squers of 1.51 which is sum of squared deviations of the predicted PowerShares price change against its avarage change.
Price Growth (%)  
Prediction Trend   PowerShares   
 
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PowerShares has a best fit line with a correlation coefficient of -0.78. and coefficient of determination of 0.61. Note, that the company has price-to-book ratio of 1.82.

PowerShares June 19 2013 Technical Indicators

Risk Adjusted Performance(0.11)
Market Risk Adjusted Performance(0.12)
Mean Deviation0.6043
Semi-Deviation1.07
Downside Deviation0.9549
Coefficient Of Variation(764)
Standard Deviation0.775
Variance0.6007
Information Ratio(0.08)
Jensen Alpha(0.07)
Total Risk Alpha(0.07)
Sortino Ratio(0.07)
Treynor Ratio(0.13)
Maximum Drawdown2.3
Value At Risk(1.41)
Potential Upside0.944
Downside Variance0.9119
Semi Variance1.14
Expected Short fall(0.52)
Skewness(0.45)
Kurtosis(0.02)

PowerShares One Year Return

Based on recorded statements PowerShares Intl Dividend Achievers has One Year Return of -2.4%. This is 380.0% higher than that of PowerShares family, and 668.0% higher than that of Foreign Large Value category, The One Year Return for all etfs is 44.58% higher than the company.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
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Net Asset vs Price to Book
Equity Positions Weight vs Year to Date Return
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Three Year Return vs Year to Date Return
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