PowerShares SP Performance

PowerShares SP 500 Quality ETF -- USA Etf  

USD 31.98  0.18  0.57%

The etf holds Beta of 0.8315 which implies as returns on market increase, PowerShares SP returns are expected to increase less than the market. However during bear market, the loss on holding PowerShares SP will be expected to be smaller as well.. Although it is vital to follow to PowerShares SP 500 current trending patterns, it is good to be conservative about what you can actually do with the information regarding 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 SP 500 technical indicators you can presently evaluate if the expected return of 0.2663% will be sustainable into the future.
 Time Horizon     30 Days    Login   to change

PowerShares SP 500 Relative Risk vs. Return Landscape

If you would invest  3,049  in PowerShares SP 500 Quality ETF on December 23, 2017 and sell it today you would earn a total of  149  from holding PowerShares SP 500 Quality ETF or generate 4.89% return on investment over 30 days. PowerShares SP 500 Quality ETF is currenly generating 0.2663% of daily expected returns and assumes 0.4352% risk (volatility on return distribution) over the 30 days horizon. In different words, 4% of equities are less volatile than PowerShares SP 500 Quality ETF and 95% of traded equity instruments are projected to make higher returns than the company over the 30 days investment horizon.
 Daily Expected Return (%) 
      Risk (%) 
Given the investment horizon of 30 days, PowerShares SP 500 Quality ETF is expected to generate 1.09 times less return on investment than the market. But when comparing it to its historical volatility, the company is 1.06 times less risky than the market. It trades about 0.61 of its potential returns per unit of risk. The DOW is currently generating roughly 0.63 of returns per unit of risk over similar time horizon.

Price to Book

PowerShares SP 500 Price to Book
Based on latest financial disclosure the price to book indicator of PowerShares SP 500 Quality ETF is roughly 5.6 times. This is 223.7% higher than that of the PowerShares family, and 134.8% higher than that of Large Blend category, The Price to Book for all etfs is 477.32% lower than the firm.
  to Book 
      PowerShares SP 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 SP Daily Price Distribution

The median price of PowerShares SP for the period between Sat, Dec 23, 2017 and Mon, Jan 22, 2018 is 30.92 with a coefficient of variation of 1.8. The daily time series for the period is distributed with a sample standard deviation of 0.56, arithmetic mean of 31.02, and mean deviation of 0.5. The Etf did not receive any noticable media coverage during the period.

Risk-Adjusted Performance

Compared to the overall equity markets, risk-adjusted returns on investments in PowerShares SP 500 Quality ETF are ranked lower than 40 (%) of all global equities and portfolios over the last 30 days.

One Month Efficiency

PowerShares SP Sharpe Ratio = 0.6119
Good Returns
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Small ReturnsSPHQ
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Estimated Market Risk

  actual daily
 96 %
of total potential

Expected Return

  actual daily
 5 %
of total potential

Risk-Adjusted Return

  actual daily
 40 %
of total potential
Based on monthly moving average PowerShares SP is performing at about 40% 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 SP by adding it to a well-diversified portfolio.


PowerShares SP 500 Dividends Analysis
Check PowerShares SP 500 dividend payout schedule and payment analysis over time. Analyze past dividends calendar and estimate annual dividend income
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