PowerShares Aerospace Buy or Sell Recommendation

Macroaxis provides PowerShares Aerospace Defense ETF buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding PowerShares Aerospace positions. The advice algorithm takes into account all of PowerShares Aerospace Defense ETF available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from PowerShares Aerospace buy-and-hold prospective. Additionally take a look at PowerShares Aerospace Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with current analyst consensus

Time Horizon

Risk Tolerance

Execute Advice
PowerShares Aerospace Defense ETF -- USA Etf  

USD 57.06  0.05  0.0877%

Considering 30-days investment horizon, and your above average risk tolerance our recommendation regarding PowerShares Aerospace Defense ETF is 'Hold'.
For the selected time horizon PowerShares Aerospace Defense ETF has a risk adjusted performance of 0.11, jensen alpha of 0.093205, total risk alpha of 0.032351, sortino ratio of 0.0 and treynor ratio of 0.4759
Macroaxis advice module provides unbiased recommendation that can be used to complement current average analyst sentiment on PowerShares Aerospace. Our advice engine ##verb4## current market data to analyse the etf potential to grow from the prospective of investors risk tolerance and investing horizon. Use PowerShares Aerospace Number of Employees, and the relationship between Price to Sales and Three Year Return to make sure your buy or sell decision on PowerShares Aerospace is adequate.

Returns Distribution Density

Mean Return0.07Value At Risk1.45
Potential Upside1.03Standard Deviation0.79
 Return Density 

PowerShares Aerospace Greeks

Alpha over DOW
Beta against DOW=0.17
Overall volatility
Information ratio =0.01

PowerShares Aerospace Volatility Alert

PowerShares Aerospace Defense ETF exhibits very low volatility with skewness of -0.62 and kurtosis of 1.14. However, we advise investors to further study PowerShares Aerospace Defense ETF technical indicators to make sure all market info is available and is reliable.
 Better Than Average     
 Worse Than Average Compare PowerShares Aerospace to competition
FundamentalsPowerShares AerospacePeer Average
Price to Earning19.90 times8.24 times
Price to Book4.03 times0.97 times
Price to Sales1.43 times0.72 times
One Year Return39.48 % (1.25) %
Three Year Return20.79 % 2.26 %
Five Year Return23.73 % 0.20 %
Ten Year Return12.11 % 0.29 %
Net Asset991.97 M888.73 M
Equity Positions Weight99.97 % 49.22 %


Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Currently Unavailable

Piotroski F Score

Financial Leverage

Risk Adjusted Performance0.11
Market Risk Adjusted Performance0.4859
Mean Deviation0.565
Coefficient Of Variation1,101
Standard Deviation0.7852
Information Ratio0.014689
Jensen Alpha0.093205
Total Risk Alpha0.032351
Treynor Ratio0.4759
Maximum Drawdown3.09
Value At Risk1.45
Potential Upside1.03