PowerShares SP 500 Quality ETF holds Coefficient Of Variation of
(845.87) and Risk Adjusted Performance of (0.15). 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 will indeed mirror its model of past market data or the prices will eventually revert. We found nineteen technical drivers for PowerShares SP 500 which can be compared to its competitors. Please check PowerShares SP 500 Coefficient Of Variation as well as the relationship between Treynor Ratio and Semi Variance to decide if PowerShares SP 500 is priced some-what accurately providing market reflects its current price of 28.31 per share.
|Horizon||30 Days Login to change|
PowerShares SP 500 Technical Analysis
PowerShares SP 500 Trend AnalysisUse this graph to draw trend lines for PowerShares SP 500 Quality ETF. 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.
PowerShares Best Fit Change LineThe following chart estimates an ordinary least squares regression model for PowerShares SP 500 Quality ETF applied against its price change over selected period. The best fit line has a slop of 0.04 % which may suggest that PowerShares SP 500 Quality ETF market price will keep on failing further. It has 78 observation points and a regression sum of squares at 17.21, which is the sum of squared deviations for the predicted PowerShares price change compared to its average price change.
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations when you add PowerShares SP 500 Quality ETF to your portfolio
|Risk Adjusted Performance||(0.15)|
|Market Risk Adjusted Performance||(2.13)|
|Coefficient Of Variation||(845.87)|
|Total Risk Alpha||0.0314|
|Value At Risk||(2.77)|