Powershares Global Funds Etf Volatility
| EWQQF Etf | USD 366.34 0.75 0.21% |
At this point, PowerShares Global is very steady. PowerShares Global Funds maintains Sharpe Ratio (i.e., Efficiency) of 0.11, which implies the entity had a 0.11% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for PowerShares Global Funds, which you can use to evaluate the volatility of the etf. Please check PowerShares Global's Risk Adjusted Performance of 0.0934, semi deviation of 0.7636, and Coefficient Of Variation of 872.86 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%.
PowerShares |
PowerShares Global OTC Etf volatility depicts how high the prices fluctuate around the mean (or its average) price. In other words, it is a statistical measure of the distribution of PowerShares daily returns, and it is calculated using variance and standard deviation. We also use PowerShares's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of PowerShares Global volatility.
Downward market volatility can be a perfect environment for investors who play the long game with PowerShares Global. They may decide to buy additional shares of PowerShares Global at lower prices to lower the average cost per share, thereby improving their portfolio's performance when markets normalize.
Moving together with PowerShares OTC Etf
| 0.81 | VTI | Vanguard Total Stock | PairCorr |
| 0.82 | SPY | SPDR SP 500 Aggressive Push | PairCorr |
| 0.82 | IVV | iShares Core SP | PairCorr |
| 0.93 | VUG | Vanguard Growth Index | PairCorr |
| 0.63 | VB | Vanguard Small Cap | PairCorr |
Moving against PowerShares OTC Etf
| 0.71 | VEA | Vanguard FTSE Developed | PairCorr |
| 0.66 | VWO | Vanguard FTSE Emerging | PairCorr |
| 0.46 | BND | Vanguard Total Bond Sell-off Trend | PairCorr |
| 0.32 | PMBS | PIMCO Mortgage Backed | PairCorr |
PowerShares Global Market Sensitivity And Downside Risk
PowerShares Global's beta coefficient measures the volatility of PowerShares otc etf compared to the systematic risk of the entire market represented by your selected benchmark. In mathematical terms, beta represents the slope of the line through a regression of data points where each of these points represents PowerShares otc etf's returns against your selected market. In other words, PowerShares Global's beta of -0.0451 provides an investor with an approximation of how much risk PowerShares Global otc etf can potentially add to one of your existing portfolios. PowerShares Global Funds has relatively low volatility with skewness of -0.36 and kurtosis of 1.8. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure PowerShares Global's otc etf risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact PowerShares Global's otc etf price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.
3 Months Beta |Analyze PowerShares Global Funds Demand TrendCheck current 90 days PowerShares Global correlation with market (Dow Jones Industrial)PowerShares Beta |
PowerShares standard deviation measures the daily dispersion of prices over your selected time horizon relative to its mean. A typical volatile entity has a high standard deviation, while the deviation of a stable instrument is usually low. As a downside, the standard deviation calculates all uncertainty as risk, even when it is in your favor, such as above-average returns.
Standard Deviation | 1.02 |
It is essential to understand the difference between upside risk (as represented by PowerShares Global's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of PowerShares Global's daily returns or price. Since the actual investment returns on holding a position in powershares otc etf tend to have a non-normal distribution, there will be different probabilities for losses than for gains. The likelihood of losses is reflected in the downside risk of an investment in PowerShares Global.
PowerShares Global Funds OTC Etf Volatility Analysis
Volatility refers to the frequency at which PowerShares Global otc price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with PowerShares Global's price changes. Investors will then calculate the volatility of PowerShares Global's otc etf to predict their future moves. A otc that has erratic price changes quickly hits new highs, and lows are considered highly volatile. A otc etf with relatively stable price changes has low volatility. A highly volatile otc is riskier, but the risk cuts both ways. Investing in highly volatile security can either be highly successful, or you may experience significant failure. There are two main types of PowerShares Global's volatility:
Historical Volatility
This type of otc volatility measures PowerShares Global's fluctuations based on previous trends. It's commonly used to predict PowerShares Global's future behavior based on its past. However, it cannot conclusively determine the future direction of the otc etf.Implied Volatility
This type of volatility provides a positive outlook on future price fluctuations for PowerShares Global's current market price. This means that the otc will return to its initially predicted market price. This type of volatility can be derived from derivative instruments written on PowerShares Global's to be redeemed at a future date.Transformation |
The output start index for this execution was zero with a total number of output elements of sixty-one. PowerShares Global Funds Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input.
PowerShares Global Projected Return Density Against Market
Assuming the 90 days horizon PowerShares Global Funds has a beta of -0.0451 suggesting as returns on the benchmark increase, returns on holding PowerShares Global are expected to decrease at a much lower rate. During a bear market, however, PowerShares Global Funds is likely to outperform the market.Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to PowerShares Global or PowerShares sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that PowerShares Global's price will be affected by overall otc etf market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a PowerShares otc's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
PowerShares Global Funds has an alpha of 0.1058, implying that it can generate a 0.11 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Predicted Return Density |
| Returns |
What Drives a PowerShares Global Price Volatility?
Several factors can influence a otc's market volatility:Industry
Specific events can influence volatility within a particular industry. For instance, a significant weather upheaval in a crucial oil-production site may cause oil prices to increase in the oil sector. The direct result will be the rise in the stock price of oil distribution companies. Similarly, any government regulation in a specific industry could negatively influence stock prices due to increased regulations on compliance that may impact the company's future earnings and growth.Political and Economic environment
When governments make significant decisions regarding trade agreements, policies, and legislation regarding specific industries, they will influence stock prices. Everything from speeches to elections may influence investors, who can directly influence the stock prices in any particular industry. The prevailing economic situation also plays a significant role in stock prices. When the economy is doing well, investors will have a positive reaction and hence, better stock prices and vice versa.The Company's Performance
Sometimes volatility will only affect an individual company. For example, a revolutionary product launch or strong earnings report may attract many investors to purchase the company. This positive attention will raise the company's stock price. In contrast, product recalls and data breaches may negatively influence a company's stock prices.PowerShares Global OTC Etf Risk Measures
Assuming the 90 days horizon the coefficient of variation of PowerShares Global is 877.81. The daily returns are distributed with a variance of 1.05 and standard deviation of 1.02. The mean deviation of PowerShares Global Funds is currently at 0.69. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.8
α | Alpha over Dow Jones | 0.11 | |
β | Beta against Dow Jones | -0.05 | |
σ | Overall volatility | 1.02 | |
Ir | Information ratio | 0.08 |
PowerShares Global OTC Etf Return Volatility
PowerShares Global historical daily return volatility represents how much of PowerShares Global otc's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The Exchange Traded Fund shows 1.0233% volatility of returns over 90 . By contrast, Dow Jones Industrial accepts 0.8025% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About PowerShares Global Volatility
Volatility is a rate at which the price of PowerShares Global or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of PowerShares Global may increase or decrease. In other words, similar to PowerShares's beta indicator, it measures the risk of PowerShares Global and helps estimate the fluctuations that may happen in a short period of time. So if prices of PowerShares Global fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility.
Please read more on our technical analysis page.PowerShares Global Funds Ireland Public Limited Company - PowerShares EQQQ Nasdaq-100 UCITS ETF is an exchange traded fund launched by Invesco Global Asset Management DAC. PowerShares Global Funds Ireland Public Limited Company - PowerShares EQQQ Nasdaq-100 UCITS ETF was formed on December 2, 2002 and is domiciled in Ireland. Invesco Markets is traded on OTC Exchange in the United States.
PowerShares Global's stock volatility refers to the amount of uncertainty or risk involved with the size of changes in its stock's price. It is a statistical measure of the dispersion of returns on PowerShares OTC Etf over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much PowerShares Global's price varies over time.
3 ways to utilize PowerShares Global's volatility to invest better
Higher PowerShares Global's etf volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of PowerShares Global Funds etf is relatively stable. Investors and traders use stock volatility as an indicator of risk and potential reward, as stocks with higher volatility can offer the potential for more significant returns but also come with a greater risk of losses. PowerShares Global Funds etf volatility can provide helpful information for making investment decisions in the following ways:- Measuring Risk: Volatility can be used as a measure of risk, which can help you determine the potential fluctuations in the value of PowerShares Global Funds investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in PowerShares Global's etf can indicate that there is potential for significant price movements, either up or down, which could present investment opportunities.
- Diversification: Understanding how the volatility of PowerShares Global's etf relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
PowerShares Global Investment Opportunity
PowerShares Global Funds has a volatility of 1.02 and is 1.27 times more volatile than Dow Jones Industrial. Compared to the overall equity markets, volatility of historical daily returns of PowerShares Global Funds is lower than 9 percent of all global equities and portfolios over the last 90 days. You can use PowerShares Global Funds to enhance the returns of your portfolios. The otc etf experiences a normal upward fluctuation. Check odds of PowerShares Global to be traded at $384.66 in 90 days.Good diversification
The correlation between PowerShares Global Funds and DJI is -0.04 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding PowerShares Global Funds and DJI in the same portfolio, assuming nothing else is changed.
PowerShares Global Additional Risk Indicators
The analysis of PowerShares Global's secondary risk indicators is one of the essential steps in making a buy or sell decision. The process involves identifying the amount of risk involved in PowerShares Global's investment and either accepting that risk or mitigating it. Along with some common measures of PowerShares Global otc etf's risk such as standard deviation, beta, or value at risk, we also provide a set of secondary indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Risk Adjusted Performance | 0.0934 | |||
| Market Risk Adjusted Performance | (2.31) | |||
| Mean Deviation | 0.6697 | |||
| Semi Deviation | 0.7636 | |||
| Downside Deviation | 1.23 | |||
| Coefficient Of Variation | 872.86 | |||
| Standard Deviation | 1.0 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential otc etfs, we recommend comparing similar otcs with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
PowerShares Global Suggested Diversification Pairs
Pair trading is one of the very effective strategies used by professional day traders and hedge funds capitalizing on short-time and mid-term market inefficiencies. The approach is based on the fact that the ratio of prices of two correlating shares is long-term stable and oscillates around the average value. If the correlation ratio comes outside the common area, you can speculate with a high success rate that the ratio will return to the mean value and collect a profit.
The effect of pair diversification on risk is to reduce it, but we should note this doesn't apply to all risk types. When we trade pairs against PowerShares Global as a counterpart, there is always some inherent risk that will never be diversified away no matter what. This volatility limits the effect of tactical diversification using pair trading. PowerShares Global's systematic risk is the inherent uncertainty of the entire market, and therefore cannot be mitigated even by pair-trading it against the equity that is not highly correlated to it. On the other hand, PowerShares Global's unsystematic risk describes the types of risk that we can protect against, at least to some degree, by selecting a matching pair that is not perfectly correlated to PowerShares Global Funds.
Other Information on Investing in PowerShares OTC Etf
PowerShares Global financial ratios help investors to determine whether PowerShares OTC Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in PowerShares with respect to the benefits of owning PowerShares Global security.