PowerShares Global Technical Analysis

PowerShares Global Gold Prec Mtls ETF -- USA Etf  

USD 20.26  0.36  1.75%

PowerShares Global Gold Prec Mtls ETF holds Standard Deviation of 0.93, Downside Deviation of 0.6744 and Risk Adjusted Performance of 0.1976. 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 eighteen technical drivers for PowerShares Global Gold which can be compared to its competitors. Please check PowerShares Global Gold Standard Deviation as well as the relationship between Maximum Drawdown and Expected Short fall to decide if PowerShares Global Gold is priced some-what accurately providing market reflects its current price of 20.26 per share.
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PowerShares Global Gold 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 Global Gold 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 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 0.059817 % 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 2.92, which is the sum of squared deviations for the predicted PowerShares Global price change compared to its average price change.

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Fundamentals Comparison

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PowerShares Global Gold Prec Mtls ETF is rated number one ETF in mean deviation as compared to similar ETFs. It is currently under evaluation in standard deviation as compared to similar ETFs creating about  1.28  of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for PowerShares Global Gold Prec Mtls ETF is roughly  1.28 

One Year Return

PowerShares Global Gold One Year Return
Based on recorded statements PowerShares Global Gold Prec Mtls ETF has One Year Return of 13.23%. This is 6715.0% lower than that of the PowerShares family, and 362.5% lower than that of Equity Precious Metals category, The One Year Return for all etfs is 1158.4% lower than the firm.
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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.