Principal Financials
| BTEC Etf | USD 39.49 0.00 0.00% |
Principal |
The data published in Principal's official financial statements typically reflect Principal's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Principal's quantitative information. For example, before you start analyzing numbers published by Principal accountants, it's essential to understand Principal's liquidity, profitability, and earnings quality within the context of the Principal Funds space in which it operates.
Please note, the presentation of Principal's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Principal's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Principal's management manipulating its earnings.
Principal Etf Summary
Principal competes with Invesco DWA, Invesco DWA, Invesco DWA, and Invesco DWA. Under normal circumstances, the fund invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in equity securities of companies in the healthcare sector. Principal Healthcare is traded on NASDAQ Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NASDAQ Exchange |
| Region | Others |
| Investment Issuer | Others |
| Etf Family | Principal Funds |
| Fund Category | Others |
| Portfolio Concentration | Others |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
Principal Key Financial Ratios
Principal Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Principal's current stock value. Our valuation model uses many indicators to compare Principal value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Principal competition to find correlations between indicators driving Principal's intrinsic value. More Info.Principal is the top ETF in beta as compared to similar ETFs. It also is the top ETF in one year return as compared to similar ETFs reporting about 13.24 of One Year Return per Beta. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Principal's earnings, one of the primary drivers of an investment's value.Principal Market Pulse
| Quote | 39.49 |
| Change(%) | 0.00 |
| Change | 0.00 |
| Open | 39.49 |
| Low | 39.49 |
| High | 39.49 |
| Volume | 0 |
| Exchange | NASDAQ |
About Principal Financials
What exactly are Principal Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Principal's income statement, its balance sheet, and the statement of cash flows. Potential Principal investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Principal investors may use each financial statement separately, they are all related. The changes in Principal's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Principal'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. Please read more on our technical analysis and fundamental analysis pages.Principal December 18, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Principal help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Principal. We use our internally-developed statistical techniques to arrive at the intrinsic value of Principal based on widely used predictive technical indicators. In general, we focus on analyzing Principal Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Principal's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.48 | |||
| Information Ratio | 0.0925 | |||
| Maximum Drawdown | 6.75 | |||
| Value At Risk | (2.27) | |||
| Potential Upside | 2.64 |
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 income. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
The market value of Principal is measured differently than its book value, which is the value of Principal that is recorded on the company's balance sheet. Investors also form their own opinion of Principal's value that differs from its market value or its book value, called intrinsic value, which is Principal's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Principal's market value can be influenced by many factors that don't directly affect Principal's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Principal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Principal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Principal'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.