PowerShares Global Technical Analysis

PowerShares Global Gold Prec Mtls ETF -- USA Etf  

USD 19.13  0.002  0.0105%

PowerShares Global Gold Prec Mtls ETF holds Coefficient Of Variation of (864.95) and Risk Adjusted Performance of (0.035493). Compared with Fundamental Indicators, Macroaxis technical analysis interface allows you to check existing technical drivers of PowerShares Global 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 Global Gold which can be compared to its competitors. Please check PowerShares Global Gold Coefficient Of Variation as well as the relationship between Treynor Ratio and Semi Variance to decide if PowerShares Global Gold is priced some-what accurately providing market reflects its current price of 19.13 per share.
Investment Horizon     30 Days    Login   to change

PowerShares Global Gold Trend Analysis

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

PowerShares Global Best Fit Change Line

The following chart estimates an ordinary least squares regression model for PowerShares Global Gold Prec Mtls ETF applied against its price change over selected period. The best fit line has a slop of 0.007111 % which means PowerShares Global Gold Prec Mtls ETF will continue generating value for investors. It has 34 observation points and a regression sum of squares at 0.04, which is the sum of squared deviations for the predicted PowerShares Global price change compared to its average price change.

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PowerShares Global Gold Prec Mtls ETF is regarded fifth largest ETF in mean deviation as compared to similar ETFs. It is currently under evaluation in standard deviation as compared to similar ETFs creating about  1.31  of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for PowerShares Global Gold Prec Mtls ETF is roughly  1.31 

One Year Return

PowerShares Global Gold One Year Return
Based on recorded statements PowerShares Global Gold Prec Mtls ETF has One Year Return of -7.75%. This is 3775.0% higher than that of the PowerShares family, and 53.77% higher than that of Equity Precious Metals category, The One Year Return for all etfs is 520.0% higher than the company.
  Year Return 
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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.