PowerShares Aerospace Valuation

PowerShares Aerospace Defense ETF -- USA Etf  

USD 56.27  0.31  0.55%

PowerShares Aerospace holds recent Real Value of $57.39 per share. The prevailing price of the etf is $56.27. 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.
 Time Horizon     30 Days    Login   to change
PowerShares Aerospace Defense ETF is regarded second largest ETF in three year return as compared to similar ETFs. It is regarded fourth largest ETF in price to book as compared to similar ETFs fabricating about  0.19  of Price to Book per Three Year Return. The ratio of Three Year Return to Price to Book for PowerShares Aerospace Defense ETF is roughly  5.16 
Fairly Valued
March 23, 2018
Market Value
Downside upside
Real Value
Target Price Odds
 Above  Below  
Upside upside
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.

Net Asset

PowerShares Aerospace Net Asset Analysis
PowerShares Aerospace Defense ETF is rated below average in net asset as compared to similar ETFs. Total Asset Under Management (AUM) of Sector category is currently estimated at about 120.36 Billion. PowerShares Aerospace maintains roughly 992.84 Million in net asset contributing less than 1% to equities under Sector ETF category.