PowerShares Dynamic Food & Beverage Portfolio (PBJ)

19.70 -0.04  -0.20%  May 31, 5:21PM Go Pro
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PowerShares Dynamic Food & Beverage Portfolio Beta: 0.6758

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PBJ Beta Range, Past 5 Years

Minimum 0.6758 Apr 2012
Maximum 0.8528 Jun 2008
Average 0.7259

About Beta 60 Month

YCharts calculates the 60 month market beta by regressing stock returns less the risk free rate of returns on the market returns less the risk free rate of return (Market returns come from the S&P 500 Total Returns Index (SPXTR), and the risk free rate is the 4 Week Average T-Bill (Monthly). There must be a minimum of 36 months of stock returns for a company to have its beta calculated.

Beta is a measure of the risk of a stock when it is included in a well-diversified portfolio.

In financial theory, the Capital Asset Pricing Model breaks down expected stock returns into two components. The first is the return that would be expected based on covariance with the movements of the market (for most stocks, when the market as a whole goes up, the price of the stock will also go up). The second part is the increase in the price of a stock that is not explained by the market. The first part - covariance with the market - is what Beta captures.

When Beta is positive, the stock price tends to move in the same direction as the market, and the magnitude of Beta tells by how much. If a stock's Beta is greater than 1, that means that when the market index goes up 1%, we expect the stock will go up by more than 1%. On the contrary, if the market goes down by 1%, we expect the stock to go down by more than 1%. Negative Betas, while rare, signify a negative correlation. When the market goes up, we would expect the stock price to go down.

For readers with a background in regression analysis, Beta is the slope of the linear regression shown in the formula below, where Returns are the return on an individual stock or portfolio, Rf is the risk free rate, RMarket is the return on a market portfolio, and e is an error term.
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PBJ News

3 ETF Strategies to ‘Greek-Proof’ Your Money
May 18, 9:04AM Investor Place
How Wendy’s Caught Up To Burger King
Mar 27, 7:56AM The Daily Ticker
$PBJ Price crossed above 200 day SMA (19.1519). Confirmed by volume. http://stks.co/24XS #tradeideas 15:28EST
about 128 days ago by TradeIdeas1
RT @blackbetty $$ is there an ETF that tracks just orange juice?? (None specifically but 2 that have exposure are $PBJ and $FUD)
about 141 days ago by trending123
Farms, Housing And Investing
Nov 15, 5:17PM IndexUniverse.com
Global Food Prices Moving Down, Pointing Up
Nov 01, 9:10AM Minyanville
Three ETFs To Watch This Week: PBJ, FXE, KROO
Oct 03, 4:00AM ETF Database
RT @sunshinetrader http://stk.ly/m73zRG $PBJ Food and beverage stocks are rocking. Nice intermarket relationship with $DBA
about 340 days ago by sssc
http://stk.ly/m73zRG $PBJ Food and beverage stocks are rocking. Nice intermarket relationship with $DBA
about 340 days ago by sunshinetrader
ETFs that reached new 52-week high today: software $igv, beverages $pbj, retail $xrt, healthcare $xlv
about 385 days ago by ivanhoff
Potential pullback buy entry in ($PBJ). For more details, check out our morning commentary. http://tinyurl.com/3q93qql $$
about 413 days ago by MorpheusTrading
Watching this ETF to evaluate when rising prices theme becomes relevant to the market: http://stk.ly/fvLAOU $PBJ
about 471 days ago by sunshinetrader
Reuters/UofM consumer sentiment index's prelim reading for Jan fell to 72.7 vs est of 76 vs 74.5 at end of Dec - $SPY $RTH $PBJ $PEJ
about 503 days ago by Ro_Patel
NPD: US traffic ? <1% in 3Q10, spending ? 1.8% as avg check ? 2.6% - F/cast that traffic would ? by 1% in both 4Q10 & 1Q11 - $PBJ $PEJ
about 504 days ago by Ro_Patel
NPD: US, UK, Canada, France Germany, Italy & Spain — posted restaurant-traffic declines, while 3 showed drops in spending - $PBJ $PEJ
about 504 days ago by Ro_Patel
NPD: Traffic at food-service outlets in China jumped 16.2% in 3Q10 while spending by patrons was up almost 18% - $PBJ $PEJ
about 504 days ago by Ro_Patel
US obesity rates have 2X since fed govt began requiring food producers to post calorie & other nutrit info on labels 20 yrs ago - $PBJ $PEJ
about 504 days ago by Ro_Patel
NPD: 3Q10 traffic for midscale restaurants was down 3%; casual dining down 2%; QSRs 1% increase - $PBJ $PEJ $MCD $YUM $CMG $CKE
about 534 days ago by Ro_Patel
NPD:Since Sept08, per capita restaurant visits for 18-24 have declined from 236 to 215 & for 25-34 have declined from 256 to 235 - $PBJ $PEJ
about 534 days ago by Ro_Patel
NPD: Expects traffic to grow by 1% in both 4Q10 & 1Q11 - US cons made 67M visits to comm & non-comm restaurants over past yr - $PEJ $PBJ
about 534 days ago by Ro_Patel
NPD: Continued high employment suppressed overall restaurant industry traffic recovery in 3Q10 with traffic showing 1% decline - $PBJ $PEJ
about 534 days ago by Ro_Patel
$PBJ http://chart.ly/9pkbi8 PBJ
about 547 days ago by zerobeta
$PBJ http://chart.ly/dum7ll PBJ
about 547 days ago by zerobeta
Warning: Commodity Surge Could Sink Consumer Staples ETFs http://stk.ly/d8xqOy $IYK $JO $PBJ $SGG
about 570 days ago by EricDutram
Three ETFs To Watch This Week: PBJ, KROO, EZU http://etfdb.com/2010/three-etfs-to-watch-this-week-pbj-kroo-ezu/ $EZU $KROO $PBJ $PEP $YUM
about 605 days ago by EricDutram
@deltaStrikejj closest is like $PBJ i think
about 616 days ago by Skibbs
Canadian Restaurant and Foodservice Association: Canadians spend $57B or 23% of their food dollar in restaurants - $MCD $BKC $YUM $PBJ $PEJ
about 645 days ago by Ro_Patel
National Restaurant Association: Americans spend $580B or 49% of their food dollar in restaurants - $YUM $MCD $CMG $DRI $PBJ $PEJ
about 645 days ago by Ro_Patel
NPD: Y/y number of patrons coming to restaurants has declined for each of last 7 quarters — most prolonged drop in 22 yrs - $PBJ $PEJ
about 647 days ago by Ro_Patel
NPD: Almost all the restaurant closures in 2009 were independently owned restaurants - only 2% closures were from chains - $PBJ $PEJ
about 647 days ago by Ro_Patel

Recent Quotes

Symbol Price Chg Chg % Market Cap
PBJ 19.70 -0.04 -0.20%
PBIP 5.26 +0.00 +0.00% 52.71M
PBIB 1.60 -0.05 -3.03% 19.50M
PBI 13.63 +0.21 +1.56% 2.687B
PBH 13.72 -0.01 -0.07% 692.40M
PBCT 11.63 +0.02 +0.17% 4.163B
PB 42.69 +0.22 +0.52% 2.006B
PAYX 29.97 -0.13 -0.43% 10.91B
PAY 36.09 -0.16 -0.44% 3.868B
PATR 20.39 -0.73 -3.46% 189.83M
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