Principal Exchange Financials
| IG Etf | USD 20.70 0.02 0.1% |
Net Expense Ratio 0.0019 | 3 y Sharp Ratio (0.67) |
Principal |
The data published in Principal Exchange's official financial statements typically reflect Principal Exchange'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 Exchange's quantitative information. For example, before you start analyzing numbers published by Principal accountants, it's essential to understand Principal Exchange's liquidity, profitability, and earnings quality within the context of the Principal Funds space in which it operates.
Principal Exchange Etf Summary
Principal Exchange competes with Senstar Technologies, ImmuCell, Anika Therapeutics, Morningstar Unconstrained, and High-yield Municipal. 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.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US74255Y8214 |
| CUSIP | 74255Y821 |
| Region | North America |
| Investment Issuer | Principal |
| Location | Iowa; U.S.A |
| Business Address | IGI Laboratories, IncBuena, |
| Etf Family | Principal Funds |
| Fund Category | Broad Debt |
| Portfolio Concentration | Investment Grade |
| Benchmark | Dow Jones Industrial |
| Website | www.igilabs.com |
| Phone | NA |
| Currency | USD - US Dollar |
Principal Exchange Key Financial Ratios
Principal Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Principal Exchange's current stock value. Our valuation model uses many indicators to compare Principal Exchange value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Principal Exchange competition to find correlations between indicators driving Principal Exchange's intrinsic value. More Info.Principal Exchange Traded Funds is considered the top ETF in price to earning as compared to similar ETFs. It is rated second overall ETF in price to book as compared to similar ETFs fabricating about 0.04 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Principal Exchange Traded Funds is roughly 28.25 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Principal Exchange by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Principal Exchange Systematic Risk
Principal Exchange's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Principal Exchange volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Principal Exchange correlated with the market. If Beta is less than 0 Principal Exchange generally moves in the opposite direction as compared to the market. If Principal Exchange Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Principal Exchange is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Principal Exchange is generally in the same direction as the market. If Beta > 1 Principal Exchange moves generally in the same direction as, but more than the movement of the benchmark.
About Principal Exchange Financials
What exactly are Principal Exchange 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 Exchange's income statement, its balance sheet, and the statement of cash flows. Potential Principal Exchange investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Principal Exchange investors may use each financial statement separately, they are all related. The changes in Principal Exchange's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Principal Exchange'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 Exchange Thematic Clasifications
Principal Exchange Traded Funds is part of several thematic ideas from Broad Debt ETFs to Investment Grade ETFs. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasPrincipal Exchange November 24, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Principal Exchange help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Principal Exchange Traded Funds. We use our internally-developed statistical techniques to arrive at the intrinsic value of Principal Exchange Traded Funds 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 Exchange's daily price indicators and compare them against related drivers.
| Information Ratio | (0.44) | |||
| Maximum Drawdown | 1.88 | |||
| Value At Risk | (0.61) | |||
| Potential Upside | 0.4348 |
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 closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
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.