PowerShares Preferred's market value is the price at which a share of PowerShares Preferred trades on a public exchange. It measures the collective expectations of PowerShares Preferred Shares investors about its performance. PowerShares Preferred is selling for under 1102.90 as of the 23rd of July 2025; that is 0.22 percent down since the beginning of the trading day. The etf's lowest day price was 1102.9. With this module, you can estimate the performance of a buy and hold strategy of PowerShares Preferred Shares and determine expected loss or profit from investing in PowerShares Preferred over a given investment horizon. Check out PowerShares Preferred Correlation, PowerShares Preferred Volatility and PowerShares Preferred Alpha and Beta module to complement your research on PowerShares Preferred.
Please note, there is a significant difference between PowerShares Preferred's value and its price as these two are different measures arrived at by different means. Investors typically determine if PowerShares Preferred is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PowerShares Preferred'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.
PowerShares Preferred 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to PowerShares Preferred's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of PowerShares Preferred.
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure PowerShares Preferred's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess PowerShares Preferred Shares upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for PowerShares Preferred's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PowerShares Preferred's standard deviation. In reality, there are many statistical measures that can use PowerShares Preferred historical prices to predict the future PowerShares Preferred's volatility.
Currently, PowerShares Preferred Shares is very steady. PowerShares Preferred maintains Sharpe Ratio (i.e., Efficiency) of 0.0103, which implies the entity had a 0.0103 % return per unit of risk over the last 3 months. We have found thirty technical indicators for PowerShares Preferred, which you can use to evaluate the volatility of the etf. Please check PowerShares Preferred's Semi Deviation of 0.5956, risk adjusted performance of 0.0054, and Coefficient Of Variation of 9737.88 to confirm if the risk estimate we provide is consistent with the expected return of 0.0066%. The etf holds a Beta of -0.0409, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning PowerShares Preferred are expected to decrease at a much lower rate. During the bear market, PowerShares Preferred is likely to outperform the market.
Auto-correlation
-0.7
Very good reverse predictability
PowerShares Preferred Shares has very good reverse predictability. Overlapping area represents the amount of predictability between PowerShares Preferred time series from 24th of April 2025 to 8th of June 2025 and 8th of June 2025 to 23rd of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of PowerShares Preferred price movement. The serial correlation of -0.7 indicates that around 70.0% of current PowerShares Preferred price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.7
Spearman Rank Test
-0.4
Residual Average
0.0
Price Variance
172.18
PowerShares Preferred lagged returns against current returns
Autocorrelation, which is PowerShares Preferred etf's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting PowerShares Preferred's etf expected returns. We can calculate the autocorrelation of PowerShares Preferred returns to help us make a trade decision. For example, suppose you find that PowerShares Preferred has exhibited high autocorrelation historically, and you observe that the etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values
Timeline
PowerShares Preferred regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If PowerShares Preferred etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PowerShares Preferred etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PowerShares Preferred etf over time.
Current vs Lagged Prices
Timeline
PowerShares Preferred Lagged Returns
When evaluating PowerShares Preferred's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PowerShares Preferred etf have on its future price. PowerShares Preferred autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, PowerShares Preferred autocorrelation shows the relationship between PowerShares Preferred etf current value and its past values and can show if there is a momentum factor associated with investing in PowerShares Preferred Shares.
Regressed Prices
Timeline
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
PowerShares Preferred financial ratios help investors to determine whether PowerShares 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 Preferred security.