PowerShares QQQ Performance

PowerShares QQQ ETF -- USA Etf  

USD 148.64  0.33  0.22%

The etf holds Beta of 0.0779 which implies as returns on market increase, PowerShares QQQ returns are expected to increase less than the market. However during bear market, the loss on holding PowerShares QQQ will be expected to be smaller as well.. Although it is extremely important to respect PowerShares QQQ ETF 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 QQQ ETF technical indicators you can presently evaluate if the expected return of 0.0886% will be sustainable into the future.
Investment Horizon     30 Days    Login   to change

Relative Risk vs. Return Landscape

If you would invest  14,535  in PowerShares QQQ ETF on September 20, 2017 and sell it today you would earn a total of  296  from holding PowerShares QQQ ETF or generate 2.04% return on investment over 30 days. PowerShares QQQ ETF is generating 0.0886% of daily returns assuming volatility of 0.4456% on return distribution over 30 days investment horizon. In other words, 4% 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 1.39 times less return on investment than the market. In addition to that, the company is 1.89 times more volatile than its market benchmark. It trades about 0.2 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.52 per unit of volatility.

Price to Book

PowerShares QQQ ETF Price to Book
Based on latest financial disclosure the price to book indicator of PowerShares QQQ ETF is roughly 4.66 times. This is 169.36% higher than that of the PowerShares family, and 7.13% higher than that of Large Growth category, The Price to Book for all etfs is 380.41% lower than the firm.
  to Book 
      PowerShares QQQ Comparables 
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.

PowerShares QQQ Daily Price Distribution

The median price of PowerShares QQQ for the period between Wed, Sep 20, 2017 and Fri, Oct 20, 2017 is 147.46 with a coefficient of variation of 1.32. The daily time series for the period is distributed with a sample standard deviation of 1.93, arithmetic mean of 146.43, and mean deviation of 1.7. 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 13 (%) of all global equities and portfolios over the last 30 days.

One Month Efficiency

PowerShares QQQ Sharpe Ratio = 0.1989
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Estimated Market Risk

  actual daily
 96 %
of total potential

Expected Return

  actual daily
 1 %
of total potential

Risk-Adjusted Return

  actual daily
 13 %
of total potential
Based on monthly moving average PowerShares QQQ is performing at about 13% 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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