PowerShares Active One Year Return vs. Year To Date Return
Based on the measurements of profitability obtained from PowerShares Active's financial statements, PowerShares Active Mega may not be well positioned to generate adequate gross income at the present time. It has a very high likelihood of underperforming in February. Profitability indicators assess PowerShares Active's ability to earn profits and add value for shareholders.
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population.
Please note, there is a significant difference between PowerShares Active's value and its price as these two are different measures arrived at by different means. Investors typically determine if PowerShares Active is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PowerShares Active's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
For PowerShares Active profitability analysis, we use financial ratios and fundamental drivers that measure the ability of PowerShares Active to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well PowerShares Active Mega utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between PowerShares Active's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of PowerShares Active Mega over time as well as its relative position and ranking within its peers.
PowerShares |
PowerShares Active Mega Year To Date Return vs. One Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining PowerShares Active's current stock value. Our valuation model uses many indicators to compare PowerShares Active value to that of its competitors to determine the firm's financial worth. PowerShares Active Mega is rated number one ETF in one year return as compared to similar ETFs. It is regarded second largest ETF in year to date return as compared to similar ETFs creating about 0.71 of Year To Date Return per One Year Return. The ratio of One Year Return to Year To Date Return for PowerShares Active Mega is roughly 1.40 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the PowerShares Active's earnings, one of the primary drivers of an investment's value.PowerShares Year To Date Return vs. One Year Return
One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
PowerShares Active |
| = | 6.99 % |
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.
Year to Date Return (YTD) is the total return generated from holding a security from the beginning of the current fiscal year. In other words, YTD Return represents the capital appreciation of your investments from the start of the current fiscal year.
PowerShares Active |
| = | 4.99 % |
Year-To-Date typically refers to a period starting from the beginning of the current year and continuing up to the present day. Investors should becareful when comparing YTD ratios if not much of the year has occurred as research shows that YTD measures are more sensitive to early periods than late.
PowerShares Year To Date Return Comparison
PowerShares Active is currently under evaluation in year to date return as compared to similar ETFs.
PowerShares Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on PowerShares Active. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of PowerShares Active position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the PowerShares Active's important profitability drivers and their relationship over time.
One Year Return vs Annual Yield | ||
Three Year Return vs Year To Date Return | ||
One Year Return vs Net Asset | ||
Equity Positions Weight vs Year To Date Return |
Use PowerShares Active in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if PowerShares Active position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in PowerShares Active will appreciate offsetting losses from the drop in the long position's value.PowerShares Active Pair Trading
PowerShares Active Mega Pair Trading Analysis
The ability to find closely correlated positions to OReilly Automotive could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace OReilly Automotive when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back OReilly Automotive - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling OReilly Automotive to buy it.
The correlation of OReilly Automotive is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as OReilly Automotive moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if OReilly Automotive moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for OReilly Automotive can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your PowerShares Active position
In addition to having PowerShares Active in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Health Care ETFs Thematic Idea Now
Health Care ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Health Care ETFs theme has 47 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Health Care ETFs Theme or any other thematic opportunities.
View All Next | Launch |
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Other Consideration for investing in PowerShares Etf
If you are still planning to invest in PowerShares Active Mega check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the PowerShares Active's history and understand the potential risks before investing.
Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
Stocks Directory Find actively traded stocks across global markets | |
Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals |