Principal Capital Financial Statements From 2010 to 2025
| LCAP Etf | USD 29.84 0.02 0.07% |
Check Principal Capital financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Principal Capital's main balance sheet or income statement drivers, such as , as well as many indicators such as . Principal financial statements analysis is a perfect complement when working with Principal Capital Valuation or Volatility modules.
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Principal Capital Appreciation ETF Price To Book Analysis
Principal Capital's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Current Principal Capital Price To Book | 58.67 X |
Most of Principal Capital's fundamental indicators, such as Price To Book, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Principal Capital Appreciation is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
| Competition |
Based on the latest financial disclosure, Principal Capital Appreciation has a Price To Book of 58 times. This is much higher than that of the Financial Services family and significantly higher than that of the Shell Companies category. The price to book for all United States etfs is notably lower than that of the firm.
About Principal Capital Financial Statements
Principal Capital shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Principal Capital investors may analyze each financial statement separately, they are all interrelated. The changes in Principal Capital's assets and liabilities, for example, are also reflected in the revenues and expenses on on Principal Capital's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Lionheart Acquisition Corporation II does not have significant operations. The company was incorporated in 2019 and is based in Miami, Florida. Lionheart Acquisition is traded on NCM Exchange in the United States.
Pair Trading with Principal Capital
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Principal Capital position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Principal Capital will appreciate offsetting losses from the drop in the long position's value.Moving together with Principal Etf
| 0.95 | VTI | Vanguard Total Stock | PairCorr |
| 0.67 | FB | ProShares Trust ProShares | PairCorr |
| 0.7 | VBK | Vanguard Small Cap | PairCorr |
Moving against Principal Etf
The ability to find closely correlated positions to Principal Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Principal Capital when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Principal Capital - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Principal Capital Appreciation to buy it.
The correlation of Principal Capital is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Principal Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Principal Capital moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Principal Capital can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Principal Capital Correlation against competitors. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
The market value of Principal Capital 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 Capital's value that differs from its market value or its book value, called intrinsic value, which is Principal Capital'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 Capital's market value can be influenced by many factors that don't directly affect Principal Capital'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 Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Principal Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Principal Capital'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.