Principal Exchange Traded Funds Etf Performance
| IG Etf | USD 20.01 0.19 0.94% |
The etf holds a Beta of 0.33, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Principal Exchange's returns are expected to increase less than the market. However, during the bear market, the loss of holding Principal Exchange is expected to be smaller as well.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Principal Exchange Traded Funds has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable technical and fundamental indicators, Principal Exchange is not utilizing all of its potentials. The current stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
1 | Brompton Flaherty Crumrine Investment Grade Preferred ETF Announces Increased Distributions - GlobeNewswire | 01/24/2024 |
2 | Principal Investment Grade Corporate Active ETF declares 0.0824 dividend | 02/01/2024 |
3 | BMO Mid Term US IG Corp Bond ETF Quote - Press Release - The Globe and Mail | 02/22/2024 |
4 | Invesco Investment Grade Defensive ETF Shares Sold by Scotia Capital Inc. - Defense World | 03/11/2024 |
5 | Fidelity Investment Grade Securitized ETF Shares Down 0 percent - Defense World | 03/26/2024 |
6 | Disposition of 30000 shares by Koehler Steven H of Principal Exchange at 8.01 subject to Rule 16b-3 | 04/10/2024 |
| In Threey Sharp Ratio | -0.56 |
Principal |
Principal Exchange Relative Risk vs. Return Landscape
If you would invest 2,046 in Principal Exchange Traded Funds on January 17, 2024 and sell it today you would lose (45.00) from holding Principal Exchange Traded Funds or give up 2.2% of portfolio value over 90 days. Principal Exchange Traded Funds is generating negative expected returns and assumes 0.4393% volatility on return distribution over the 90 days horizon. Put differently, 3% of etfs are less risky than Principal on the basis of their historical return distribution, and some 99% of all equities are expected to be superior in generating returns on investments over the next 90 days. Expected Return |
| Risk |
Principal Exchange Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Principal Exchange's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Principal Exchange Traded Funds, and traders can use it to determine the average amount a Principal Exchange'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 = -0.0782
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | IG |
Estimated Market Risk
| 0.44 actual daily | 3 97% of assets are more volatile |
Expected Return
| -0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Principal Exchange 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 Exchange by adding Principal Exchange to a well-diversified portfolio.
Principal Exchange Fundamentals Growth
Principal Etf prices reflect investors' perceptions of the future prospects and financial health of Principal Exchange, and Principal Exchange 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.
| Return On Asset | 1.88 | |||
| Profit Margin | 53.44 % | |||
| Operating Margin | 7.89 % | |||
| Current Valuation | 357.34 M | |||
| Shares Outstanding | 52.86 M | |||
| Price To Earning | 151.40 X | |||
| Price To Book | 5.36 X | |||
| Price To Sales | 10.01 X | |||
| Revenue | 39.97 M | |||
| Cash And Equivalents | 150.22 M | |||
| Cash Per Share | 2.84 X | |||
| Total Debt | 106.88 M | |||
| Debt To Equity | 1.43 % | |||
| Cash Flow From Operations | (9.21 M) | |||
| Earnings Per Share | 0.06 X | |||
| Total Asset | 18.2 M | |||
| Retained Earnings | (23.66 M) | |||
| Current Asset | 173.13 M | |||
| Current Liabilities | 13.21 M | |||
About Principal Exchange Performance
To evaluate Principal Exchange Etf as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Principal Exchange generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Principal Etf's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Principal Exchange market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Principal's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.The fund is an actively managed exchange-traded fund that seeks to achieve its investment objective by investing, under normal circumstances, at least 80 percent of its net assets, plus any borrowings for investment purposes, in investment grade corporate bonds and other fixed income securities at the time of purchase. Principal Investment is traded on NYSEARCA Exchange in the United States.| Principal Exchange generated a negative expected return over the last 90 days | |
| The fund produced three year return of -3.0% | |
| Roughly 58.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: BMO Mid Term US IG Corp Bond ETF Quote - Press Release - The Globe and Mail | |
| Principal Exchange retains almost 16.18% of its assets under management (AUM) in fixed income securities |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Principal Exchange Traded Funds. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the Principal Exchange information on this page should be used as a complementary analysis to other Principal Exchange's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
The market value of Principal Exchange 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 Exchange's value that differs from its market value or its book value, called intrinsic value, which is Principal Exchange'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 Exchange's market value can be influenced by many factors that don't directly affect Principal Exchange'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 Exchange's value and its price as these two are different measures arrived at by different means. Investors typically determine if Principal Exchange is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Principal Exchange'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.