PowerShares Preferred Portfolio (PGX)

14.22 +0.03  +0.22%  May 31, 5:21PM Go Pro
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PowerShares Preferred Portfolio Beta: 0.7336

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PGX Beta Range, Past 5 Years

Minimum 0.7336 Apr 2012
Maximum 0.8096 Jan 2011
Average 0.7717

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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PGX News

Why You Need A Preferred Stock ETF
May 25, 2:50PM Seeking Alpha
Investors Chase Yield with Preferred Stock ETFs http://stks.co/3kKo $PSK $PGX $PGF $PFF
about 22 days ago by ETFTrends
Top 5 ETFs to Buy in April
Apr 05, 12:34PM Investor Place
@wyattresearch Some ETFs that yield > 5% with > 250k avg daily vol $AMLP $BBN $EWA $EWG $EWM $HYD $HYG $JNK $PCY $PGF $PGX $PHB $PPT
about 68 days ago by 1973Hog
Van Eck Plans Ex-Financials Preferred ETF
Mar 15, 4:12PM IndexUniverse.com
Dividend Investing: 5 ETFs for Income
Feb 24, 11:53AM ETF Trends
The Good Leads
Feb 21, 7:45AM
$PGX flashing golden cross. Will preferreds try to breakout soon? http://stks.co/2Tr0
about 101 days ago by tradewithpete
If your into a basket of preferred financials you might want to check out $PGX
about 427 days ago by mdbrenner
Another down day. Celebrating by adding to my favorites: $IGF $PGX $IYE
about 556 days ago by AaronLevitt
Adding to my new favorite $PGX once again. I'll take the 7+% yield.
about 594 days ago by AaronLevitt
Added to $IGF and $PGX this morning.
about 597 days ago by AaronLevitt
Reading: Just One #ETF : Deflation, Deleveraging Point Investors to High-Yield Debt http://bit.ly/cdVfgf $JNK $HYG $PCY $PGX #mkt #investing
about 622 days ago by ScottMartindale
$SVR, $SCMR, $PTV, & $PGX all holding up well today.
about 632 days ago by 1nvestor
$PGX http://chart.ly/aloq8uf Nice and steady climb.
about 634 days ago by 1nvestor
Looks like #MOF pick $PGX at a 52-wk high today...not bad, not bad considering what the S&P has given us this year: http://bit.ly/bpZ45O
about 640 days ago by MOFinancial
Looking for Dividend Income? Think outside the box: http://su.pr/1BScsR $PGX $CWB $PCIB $AMJ #ETF #MKT
about 708 days ago by AaronLevitt
http://tinyurl.com/ybftoh6 -- Preferred Way to Play Financials ($PFF, $PGX, $PGF, $BAC, $JPM) #ETF
about 794 days ago by MatthewMcCall
Midday Oversold above 200-day ma: $PGX $PFF $LQD #trading #stocks #mkt
about 794 days ago by Penn_TM
Definitive Guide To Preferred Stock ETF Investing http://etfdb.com/2009/preferred-stock-etfs-gaining-favor/ $PFF $PGF $PGX $PSK
about 891 days ago by mjohnsto
Getting ready to put research for $CYNO, $PGJ, $PGX, $GTDDX, and more on the website Friday at: http://linkth.at/92
about 981 days ago by MOFinancial
Overbought and oversold stocks for Tuesday's trading: $DUG $EEV $FXP $PGX $EWT $XOP http://bit.ly/SIp4q #ETF #mkt #stocks
about 1025 days ago by Penn_TM
Not the sexiest,but $PGX and $PHB are terrific ways to play the repairing of the credit markets over time, terrific dividends while you wait
about 1053 days ago by MOFinancial
Before I go: $PGX - Preferred Shares ETF in sell-off mode since open yesterday. Anyone who caught $FAZ @ 25, nice trading.
about 1168 days ago by ZMoose12

Recent Quotes

Symbol Price Chg Chg % Market Cap
PGX 14.22 +0.03 +0.22%
PGTI 2.53 -0.02 -0.78% 136.86M
PGR 21.73 +0.14 +0.65% 13.20B
PGP 20.10 +0.05 +0.25%
PGNX 8.66 -0.36 -3.99% 305.42M
PGN 54.81 +0.43 +0.79% 16.05B
PGI 8.35 +0.09 +1.09% 414.32M
PEGA 31.05 -0.30 -0.96% 1.185B
PEG 31.18 +0.43 +1.40% 15.56B
PEET 59.48 -0.43 -0.72% 792.01M
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