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

Investment Horizon

  

Risk Tolerance

  
Symbol
Execute Advice
PowerShares Aerospace Defense ETF -- USA Etf  

USD 52.03  0.37  0.72%

Considering 30-days investment horizon, and your above average risk tolerance our recommendation regarding PowerShares Aerospace Defense ETF is 'Buy'.
For the selected time horizon PowerShares Aerospace Defense ETF has a risk adjusted performance of (0.048138), jensen alpha of (0.11), total risk alpha of (0.12), sortino ratio of 0.0 and treynor ratio of (0.084902)
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 Risk0.71
Potential Upside0.88Standard Deviation0.54
 Return Density 
      Distribution 

Institutional Investors

Security TypeSharesValue
Riverfront Investment Group LlcFund Units913.5 K46.9 M

PowerShares Aerospace Greeks

α
Alpha over DOW
=0.11
βBeta against DOW=0.95
σ
Overall volatility
=0.5
 IrInformation ratio =0.2

PowerShares Aerospace Volatility Alert

PowerShares Aerospace Defense ETF exhibits very low volatility with skewness of -0.18 and kurtosis of 1.74. 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 Return38.51 % (1.25) %
Three Year Return17.62 % 2.26 %
Five Year Return22.82 % 0.2 %
Ten Year Return9.54 % 0.29 %
Net Asset826.54 M888.73 M
Equity Positions Weight99.97 % 49.22 %
SellBuy
Buy

Volatility

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Currently Unavailable

Piotroski F Score

Financial Leverage

Inapplicable
Risk Adjusted Performance(0.048138)
Market Risk Adjusted Performance(0.074902)
Mean Deviation0.3548
Coefficient Of Variation(760.11)
Standard Deviation0.5399
Variance0.2915
Information Ratio(0.2)
Jensen Alpha(0.11)
Total Risk Alpha(0.12)
Treynor Ratio(0.084902)
Maximum Drawdown2.45
Value At Risk(0.71)
Potential Upside0.8827
Skewness(0.18)
Kurtosis1.74