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 55.99  0.48  0.85%

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 0.1969, jensen alpha of 0.1368, total risk alpha of (0.048747), sortino ratio of 0.0287 and treynor ratio of 0.5392
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 Return0.25Value At Risk0.42
Potential Upside1.2Standard Deviation0.49
 Return Density 

PowerShares Aerospace Greeks

Alpha over DOW
Beta against DOW=0.44
Overall volatility
Information ratio =0.0197

PowerShares Aerospace Volatility Alert

PowerShares Aerospace Defense ETF exhibits very low volatility with skewness of 0.75 and kurtosis of 0.23. 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 Earning19.9 times8.24 times
Price to Book4.03 times0.97 times
Price to Sales1.43 times0.72 times
One Year Return30.1 % (1.25) %
Three Year Return17.3 % 2.26 %
Five Year Return22.29 % 0.2 %
Ten Year Return10.42 % 0.29 %
Net Asset861.98 M888.73 M
Equity Positions Weight99.96 % 49.22 %


Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Currently Unavailable

Piotroski F Score

Financial Leverage

Risk Adjusted Performance0.1969
Market Risk Adjusted Performance0.5492
Mean Deviation0.379
Downside Deviation0.3362
Coefficient Of Variation199.3
Standard Deviation0.4889
Information Ratio0.0197
Jensen Alpha0.1368
Total Risk Alpha(0.048747)
Sortino Ratio0.0287
Treynor Ratio0.5392
Maximum Drawdown1.81
Value At Risk(0.42)
Potential Upside1.2
Downside Variance0.113
Semi Variance(0.21)
Expected Short fall(0.5)