Principal Etf Performance
| BTEC Etf | USD 39.49 0.00 0.00% |
The etf holds a Beta of 0.28, which implies not very significant fluctuations relative to the market. As returns on the market increase, Principal's returns are expected to increase less than the market. However, during the bear market, the loss of holding Principal is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days Principal has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound technical and fundamental indicators, Principal is not utilizing all of its potentials. The recent stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
| In Threey Sharp Ratio | -0.41 |
Principal |
Principal Relative Risk vs. Return Landscape
If you would invest 3,949 in Principal on September 19, 2024 and sell it today you would earn a total of 0.00 from holding Principal or generate 0.0% return on investment over 90 days. Principal is currently does not generate positive expected returns and assumes 0.0% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of etfs are less volatile than Principal, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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Principal Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Principal's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Principal, and traders can use it to determine the average amount a Principal's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0
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Based on monthly moving average Principal is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Principal by adding Principal to a well-diversified portfolio.
Principal Fundamentals Growth
Principal Etf prices reflect investors' perceptions of the future prospects and financial health of Principal, and Principal fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Principal Etf performance.
| Total Asset | 58.39 M | |||
About Principal Performance
By analyzing Principal's fundamental ratios, stakeholders can gain valuable insights into Principal's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Principal has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Principal has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
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.| Principal is not yet fully synchronised with the market data | |
| The fund created three year return of -11.0% | |
| Principal holds 99.61% of its assets under management (AUM) in equities |
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 Equity Valuation module to check real value of public entities based on technical and fundamental data.
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.