PowerShares QQQ Performance

PowerShares QQQ ETF -- USA Etf  

USD 165.01  1.91  1.14%

The etf holds Beta of -0.2464 which implies as returns on market increase, returns on owning PowerShares QQQ are expected to decrease at a much smaller rate. During bear market, PowerShares QQQ is likely to outperform the market.. Although it is extremely important to respect PowerShares QQQ ETF current trending patterns, 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 QQQ ETF technical indicators you can presently evaluate if the expected return of 0.0519% will be sustainable into the future.
 Time Horizon     30 Days    Login   to change

PowerShares QQQ ETF Relative Risk vs. Return Landscape

If you would invest  16,523  in PowerShares QQQ ETF on February 20, 2018 and sell it today you would earn a total of  169.00  from holding PowerShares QQQ ETF or generate 1.02% return on investment over 30 days. PowerShares QQQ ETF is generating 0.0519% of daily returns assuming volatility of 1.0849% on return distribution over 30 days investment horizon. In other words, 10% of equities are less volatile than the company and above 99% of equities are expected to generate higher returns over the next 30 days.
 Daily Expected Return (%) 
      Risk (%) 
Considering 30-days investment horizon, PowerShares QQQ ETF is expected to generate 1.15 times more return on investment than the market. However, the company is 1.15 times more volatile than its market benchmark. It trades about 0.05 of its potential returns per unit of risk. The DOW is currently generating roughly -0.04 per unit of risk.

PowerShares QQQ Daily Price Distribution

The median price of PowerShares QQQ for the period between Tue, Feb 20, 2018 and Thu, Mar 22, 2018 is 168.29 with a coefficient of variation of 1.65. The daily time series for the period is distributed with a sample standard deviation of 2.78, arithmetic mean of 168.61, and mean deviation of 2.26. The Etf received some media coverage during the period.

Risk-Adjusted Performance

Compared to the overall equity markets, risk-adjusted returns on investments in PowerShares QQQ ETF are ranked lower than 3 (%) of all global equities and portfolios over the last 30 days.

One Month Efficiency

PowerShares QQQ Sharpe Ratio = 0.0478
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Estimated Market Risk

  actual daily
 91 %
of total potential

Expected Return

  actual daily
 1 %
of total potential

Risk-Adjusted Return

  actual daily
 3 %
of total potential
Based on monthly moving average PowerShares QQQ is performing at about 3% 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 QQQ by adding it to a well-diversified portfolio.


PowerShares QQQ ETF Dividends Analysis
Check PowerShares QQQ ETF dividend payout schedule and payment analysis over time. Analyze past dividends calendar and estimate annual dividend income
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