PowerShares Aerospace Valuation Overview

PPA -- USA Etf  

USD 57.29  0.07  0.12%

PowerShares Aerospace holds recent Real Value of $56.95 per share. The prevailing price of the etf is $57.29. 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 rated number one ETF in equity positions weight as compared to similar ETFs. It is rated below average in ten year return as compared to similar ETFs reporting about  0.12  of Ten Year Return per Equity Positions Weight. The ratio of Equity Positions Weight to Ten Year Return for PowerShares Aerospace Defense ETF is roughly  8.66 

Current Market Valuation

PowerShares Aerospace Valuation Boundaries
Fairly Valued
July 17, 2018
57.29
Market Value
56.95
Real Value
Target Odds
  
59.56
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.
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