PowerShares Global Buy or Sell Recommendation

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

Time Horizon

Risk Tolerance

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PowerShares Global Gold Prec Mtls ETF -- USA Etf  

USD 20.38  0.24  1.16%

Given the investment horizon of 30 days, and your above average risk tolerance our recommendation regarding PowerShares Global Gold Prec Mtls ETF is 'Strong Hold'.
For the selected time horizon PowerShares Global Gold Prec Mtls ETF has a risk adjusted performance of 0.1574, jensen alpha of 0.3345, total risk alpha of (0.16), sortino ratio of 0.2105 and treynor ratio of 2.02
Macroaxis recommendation module can be used to complement current analysts and expert consensus on PowerShares Global. Our advice engine exercises analyzes the etf potential to grow using all fundamental data market data available at the time. Please employ PowerShares Global Price to Earning and One Year Return to make buy, hold, or sell decision on PowerShares Global Gold.

Returns Distribution Density

Mean Return0.38Value At Risk1.17
Potential Upside2.07Standard Deviation0.99
 Return Density 

Institutional Investors

Security TypeSharesValue
Fil LtdFund Units496.4 K9.8 M

PowerShares Global Greeks

Alpha over DOW
Beta against DOW=0.18
Overall volatility
Information ratio =0.17

PowerShares Global Volatility Alert

PowerShares Global Gold Prec Mtls ETF exhibits relatively low volatility with skewness of 0.51 and kurtosis of -0.14. However, we advice investors to further investigate PowerShares Global Gold Prec Mtls ETF to make sure all market statistics is disseminated and is consistent with investors' estimations about PowerShares Global upside potential.
 Better Than Average     
 Worse Than Average Compare PowerShares Global to competition
FundamentalsPowerShares GlobalPeer Average
Price to Earning24.9 times8.24 times
Price to Book1.27 times0.97 times
Price to Sales2.11 times0.72 times
One Year Return13.23 % (1.25) %
Three Year Return8.2 % 2.26 %
Five Year Return(11.22) % 0.2 %
Net Asset31.56 M888.73 M
Equity Positions Weight98.78 % 49.22 %
Strong Hold

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Currently Unavailable

Piotroski F Score

Financial Leverage

Risk Adjusted Performance0.1574
Market Risk Adjusted Performance2.03
Mean Deviation0.7793
Downside Deviation0.7795
Coefficient Of Variation259.18
Standard Deviation0.9926
Information Ratio0.1653
Jensen Alpha0.3345
Total Risk Alpha(0.16)
Sortino Ratio0.2105
Treynor Ratio2.02
Maximum Drawdown3.36
Value At Risk(1.17)
Potential Upside2.07
Downside Variance0.6076
Semi Variance(0.1)
Expected Short fall(0.95)