PowerShares EURO Financial Statements From 2010 to 2024
| EUHD Etf | EUR 25.56 0.08 0.31% |
Check PowerShares EURO financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among PowerShares main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . PowerShares financial statements analysis is a perfect complement when working with PowerShares EURO Valuation or Volatility modules.
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PowerShares EURO STOXX ETF One Year Return Analysis
PowerShares EURO's 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.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current PowerShares EURO One Year Return | 2.74 % |
Most of PowerShares EURO's fundamental indicators, such as One Year Return, 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 EURO STOXX is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
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Based on the recorded statements, PowerShares EURO STOXX has an One Year Return of 2.74%. This is much higher than that of the Invesco Investment Management Limited family and significantly higher than that of the One Year Return category. The one year return for all France etfs is notably lower than that of the firm.
About PowerShares EURO Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include PowerShares EURO income statement, its balance sheet, and the statement of cash flows. PowerShares EURO investors use historical funamental indicators, such as PowerShares EURO's revenue or net income, to determine how well the company is positioned to perform in the future. Although PowerShares EURO investors may use each financial statement separately, they are all related. The changes in PowerShares EURO's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on PowerShares EURO's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on PowerShares EURO Financial Statements. Understanding these patterns can help to make the right decision on long term investment in PowerShares EURO. Please read more on our technical analysis and fundamental analysis pages.
The investment objective of the Fund is to generate income, together with capital growth which, before expenses, would correspond to, or track, the return on the Index. IVZ EUR is traded on Paris Stock Exchange in France.
Pair Trading with PowerShares EURO
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 EURO 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 EURO will appreciate offsetting losses from the drop in the long position's value.Moving together with PowerShares Etf
| 0.71 | JPNH | Lyxor UCITS Japan | PairCorr |
| 0.75 | MSE | Lyxor UCITS Stoxx | PairCorr |
| 0.71 | CAC | Lyxor UCITS CAC | PairCorr |
Moving against PowerShares Etf
| 0.61 | EMLD | SSgA SPDR ETFs | PairCorr |
The ability to find closely correlated positions to PowerShares EURO could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PowerShares EURO 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 PowerShares EURO - 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 PowerShares EURO STOXX to buy it.
The correlation of PowerShares EURO 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 PowerShares EURO moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PowerShares EURO STOXX 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 PowerShares EURO 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 the analysis of PowerShares EURO Correlation against competitors. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.