Principal Spectrum Preferred Etf Ten Year Return
| PREF Etf | USD 18.72 0.01 0.05% |
Principal Spectrum Preferred fundamentals help investors to digest information that contributes to Principal Spectrum's financial success or failures. It also enables traders to predict the movement of Principal Etf. The fundamental analysis module provides a way to measure Principal Spectrum's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Principal Spectrum etf.
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Principal Spectrum Preferred ETF Ten Year Return Analysis
Principal Spectrum's Ten Year Return shows the total annualized return generated from holding a fund for the last 10 years and represents fund's capital appreciation, including dividends losses and capital gains distributions. This return indicator is considered by many investors to be the ultimate measures of fund performance and can reflect the overall performance of the market or market segment it invests in.
More About Ten Year Return | All Equity Analysis
Ten Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Although Ten Year Fund Return indicator can give a sense of overall fund long-term potential, it is recommended to compare funds performances against other similar funds or market benchmarks for the same 10-year interval.
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Based on the latest financial disclosure, Principal Spectrum Preferred has a Ten Year Return of 0.0%. This indicator is about the same for the Principal Funds average (which is currently at 0.0) family and about the same as Preferred Stock (which currently averages 0.0) category. The ten year return for all United States etfs is 100.0% higher than that of the company.
Principal Ten Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Principal Spectrum's direct or indirect competition against its Ten Year Return to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Principal Spectrum could also be used in its relative valuation, which is a method of valuing Principal Spectrum by comparing valuation metrics of similar companies.Principal Spectrum is currently under evaluation in ten year return as compared to similar ETFs.
Fund Asset Allocation for Principal Spectrum
The fund invests most of its assets under management in various types of exotic instruments, with the rest of asset invested in bonds.Asset allocation divides Principal Spectrum's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Principal Fundamentals
| Number Of Employees | 550 | |||
| Beta | 0.73 | |||
| Total Asset | 334.29 M | |||
| One Year Return | 15.60 % | |||
| Three Year Return | 1.70 % | |||
| Five Year Return | 3.10 % | |||
| Net Asset | 334.29 M | |||
| Last Dividend Paid | 0.41 | |||
| Bond Positions Weight | 15.55 % |
About Principal Spectrum Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Principal Spectrum Preferred's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Principal Spectrum using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Principal Spectrum Preferred based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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When determining whether Principal Spectrum is a strong investment it is important to analyze Principal Spectrum's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Principal Spectrum's future performance. For an informed investment choice regarding Principal Etf, refer to the following important reports:Check out Principal Spectrum Piotroski F Score and Principal Spectrum Altman Z Score analysis. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
The market value of Principal Spectrum 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 Spectrum's value that differs from its market value or its book value, called intrinsic value, which is Principal Spectrum'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 Spectrum's market value can be influenced by many factors that don't directly affect Principal Spectrum'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 Spectrum's value and its price as these two are different measures arrived at by different means. Investors typically determine if Principal Spectrum is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Principal Spectrum'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.