PowerShares Aerospace holds recent Real Value of $52.6 per share. The prevailing price of the etf is $52.03. At this time the etf appears to be fairly valued. Macroaxis determines value of PowerShares Aerospace from analyzing the etf fundamentals such as Revenue of 1.35M, Price to Book of
4.03times and Return On Asset of 2.02% as well as examining its technical indicators and Probability Of Bankruptcy. In general, we support investing in undervalued entities and to dispose of overvalued entities since at some point stocks prices and their ongoing real values will merge together.
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PowerShares Aerospace Defense ETF is regarded third largest ETF in one year return as compared to similar ETFs. It is regarded third largest ETF in ten year return as compared to similar ETFs reporting about 0.25 of Ten Year Return per One Year Return. The ratio of One Year Return to Ten Year Return for PowerShares Aerospace Defense ETF is roughly 4.04
PowerShares Aerospace is not too risky asset. Calculation of real value of PowerShares Aerospace is based on 1 month time horizon. Increasing PowerShares Aerospace time horizon generally increases accuracy of value calculation and significantly improves predictive power of the methodology used.