Principal Active High Etf Performance
| YLD Etf | USD 19.51 0.05 0.26% |
The etf holds a Beta of 0.0832, which implies not very significant fluctuations relative to the market. As returns on the market increase, Principal Active's returns are expected to increase less than the market. However, during the bear market, the loss of holding Principal Active is expected to be smaller as well.
Risk-Adjusted Performance
9 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Principal Active High are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. In spite of rather sound essential indicators, Principal Active is not utilizing all of its potentials. The recent stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
1 | XCCC ETF High Yield Accompanied By High Risk - Seeking Alpha | 10/30/2024 |
| In Threey Sharp Ratio | 0.13 |
Principal |
Principal Active Relative Risk vs. Return Landscape
If you would invest 1,905 in Principal Active High on September 12, 2024 and sell it today you would earn a total of 49.00 from holding Principal Active High or generate 2.57% return on investment over 90 days. Principal Active High is generating 0.0403% of daily returns assuming volatility of 0.3463% on return distribution over 90 days investment horizon. In other words, 3% of etfs are less volatile than Principal, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Principal Active Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Principal Active's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Principal Active High, and traders can use it to determine the average amount a Principal Active'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 = 0.1163
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | YLD |
Estimated Market Risk
| 0.35 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Principal Active is performing at about 9% of its full potential. 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 Active by adding it to a well-diversified portfolio.
Principal Active Fundamentals Growth
Principal Etf prices reflect investors' perceptions of the future prospects and financial health of Principal Active, and Principal Active 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.
| Price To Earning | 18.55 X | |||
| Price To Book | 1.66 X | |||
| Price To Sales | 1.78 X | |||
| Total Asset | 224.88 M | |||
About Principal Active Performance
By analyzing Principal Active's fundamental ratios, stakeholders can gain valuable insights into Principal Active's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Principal Active 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 Active has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
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 below-investment grade fixed income securities, such as bonds and bank loans. Principal Edge is traded on NYSEARCA Exchange in the United States.| The fund keeps about 14.5% of its net assets in bonds |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Principal Active High. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
The market value of Principal Active High 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 Active's value that differs from its market value or its book value, called intrinsic value, which is Principal Active'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 Active's market value can be influenced by many factors that don't directly affect Principal Active'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 Active's value and its price as these two are different measures arrived at by different means. Investors typically determine if Principal Active is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Principal Active'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.