PowerShares Aerospace Technical Analysis

PowerShares Aerospace Defense ETF -- USA Etf  

USD 57.71  0.33  0.57%

PowerShares Aerospace Defense ETF holds Coefficient Of Variation of 1211.1, Semi Deviation of 2.08 and Risk Adjusted Performance of 0.1434. Compared with Fundamental Indicators, Macroaxis technical analysis interface allows you to check existing technical drivers of PowerShares Aerospace 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 Aerospace which can be compared to its competitors. Please check PowerShares Aerospace Information Ratio, and the relationship between Downside Deviation and Value At Risk to decide if PowerShares Aerospace is priced some-what accurately providing market reflects its current price of 57.71 per share.
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PowerShares Aerospace Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of PowerShares Aerospace volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.

PowerShares Aerospace Trend Analysis

Use this graph to draw trend lines for PowerShares Aerospace Defense ETF. You can use it to identify possible trend reversals for PowerShares Aerospace 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 Aerospace price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

PowerShares Aerospace Best Fit Change Line

The following chart estimates an ordinary least squares regression model for PowerShares Aerospace Defense ETF applied against its price change over selected period. The best fit line has a slop of 0.094926 % which may imply that PowerShares Aerospace Defense ETF will maintain its good market sentiment and make money for investors. It has 34 observation points and a regression sum of squares at 7.35, which is the sum of squared deviations for the predicted PowerShares Aerospace price change compared to its average price change.

Current Sentiment - PPA

PowerShares Aerospace Investor Sentiment
Greater number of Macroaxis users are at this time bullish on PowerShares Aerospace Defense ETF. What is your perspective on investing in PowerShares Aerospace Defense ETF? Are you bullish or bearish?
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98% Bullish
2% Bearish
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PowerShares Aerospace Defense ETF is rated below average in mean deviation as compared to similar ETFs. It is regarded fourth largest ETF in standard deviation as compared to similar ETFs creating about  1.49  of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for PowerShares Aerospace Defense ETF is roughly  1.49 

One Year Return

PowerShares Aerospace One Year Return
Based on recorded statements PowerShares Aerospace Defense ETF has One Year Return of 39.48%. This is 19840.0% lower than that of the PowerShares family, and 4938.24% lower than that of Industrials category, The One Year Return for all etfs is 3258.4% lower than the firm.
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      PowerShares Aerospace Comparables 
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.

PowerShares Aerospace Market Strength

PowerShares Aerospace February 24, 2018 Daily Price Condition