Powershares Etf Net Asset
PowerShares fundamentals help investors to digest information that contributes to PowerShares' financial success or failures. It also enables traders to predict the movement of PowerShares Etf. The fundamental analysis module provides a way to measure PowerShares' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to PowerShares etf.
PowerShares |
PowerShares ETF Net Asset Analysis
PowerShares' Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current PowerShares Net Asset | 3.28 M |
Most of PowerShares' fundamental indicators, such as Net Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, PowerShares is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
CompetitionBased on the recorded statements, PowerShares has a Net Asset of 3.28 M. This is much higher than that of the PowerShares family and significantly higher than that of the Mid-Cap Value category. The net asset for all United States etfs is notably lower than that of the firm.
PowerShares Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses PowerShares' direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of PowerShares could also be used in its relative valuation, which is a method of valuing PowerShares by comparing valuation metrics of similar companies.PowerShares is currently under evaluation in net asset as compared to similar ETFs.
Fund Asset Allocation for PowerShares
The fund invests 99.98% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.Asset allocation divides PowerShares' investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
PowerShares Fundamentals
| Price To Earning | 15.11 X | |||
| Price To Book | 1.71 X | |||
| Price To Sales | 0.61 X | |||
| Number Of Employees | 282 | |||
| Total Asset | 3.28 M | |||
| One Year Return | 10.11 % | |||
| Three Year Return | 6.72 % | |||
| Net Asset | 3.28 M | |||
| Last Dividend Paid | 0.013 | |||
| Equity Positions Weight | 99.98 % |
Pair Trading with PowerShares
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 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 will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Sealed Air could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sealed Air 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 Sealed Air - 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 Sealed Air to buy it.
The correlation of Sealed Air 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 Sealed Air moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sealed Air 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 Sealed Air 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.Check out Trending Equities 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 estimate. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Other Tools for PowerShares Etf
When running PowerShares' price analysis, check to measure PowerShares' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy PowerShares is operating at the current time. Most of PowerShares' value examination focuses on studying past and present price action to predict the probability of PowerShares' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PowerShares' price. Additionally, you may evaluate how the addition of PowerShares to your portfolios can decrease your overall portfolio volatility.
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device |