Powershares Global Funds Etf Performance
| EWQQF Etf | USD 370.36 0.27 0.07% |
The etf holds a Beta of 0.57, which implies possible diversification benefits within a given portfolio. As returns on the market increase, PowerShares Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding PowerShares Global is expected to be smaller as well.
Risk-Adjusted Performance
17 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in PowerShares Global Funds are ranked lower than 17 (%) of all global equities and portfolios over the last 90 days. Despite nearly inconsistent basic indicators, PowerShares Global reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Fifty Two Week Low | 182.01 | |
| Fifty Two Week High | 182.01 |
PowerShares |
PowerShares Global Relative Risk vs. Return Landscape
If you would invest 31,685 in PowerShares Global Funds on September 16, 2024 and sell it today you would earn a total of 5,351 from holding PowerShares Global Funds or generate 16.89% return on investment over 90 days. PowerShares Global Funds is currently producing 0.2465% returns and takes up 1.1184% volatility of returns over 90 trading days. Put another way, 9% of traded otc etfs are less volatile than PowerShares, and 96% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
PowerShares Global Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for PowerShares Global's investment risk. Standard deviation is the most common way to measure market volatility of otc etfs, such as PowerShares Global Funds, and traders can use it to determine the average amount a PowerShares Global's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.2204
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Estimated Market Risk
| 1.12 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.25 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 17 83% of assets perform better |
Based on monthly moving average PowerShares Global is performing at about 17% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of PowerShares Global by adding it to a well-diversified portfolio.
About PowerShares Global Performance
By analyzing PowerShares Global's fundamental ratios, stakeholders can gain valuable insights into PowerShares Global's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if PowerShares Global has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if PowerShares Global has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
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.