Principal Active High Etf Fundamentals
| YLD Etf | USD 19.51 0.04 0.21% |
Principal Active High fundamentals help investors to digest information that contributes to Principal Active'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 Active'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 Active etf.
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Principal Active High ETF Price To Earning Analysis
Principal Active's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current Principal Active Price To Earning | 18.55 X |
Most of Principal Active's fundamental indicators, such as Price To Earning, 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 Active High is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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Based on the latest financial disclosure, Principal Active High has a Price To Earning of 18.55 times. This is much higher than that of the Principal Funds family and significantly higher than that of the High Yield Bond category. The price to earning for all United States etfs is notably lower than that of the firm.
Principal Active High Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Principal Active's current stock value. Our valuation model uses many indicators to compare Principal Active value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Principal Active competition to find correlations between indicators driving Principal Active's intrinsic value. More Info.Principal Active High is rated first in price to earning as compared to similar ETFs. It is rated first in price to book as compared to similar ETFs fabricating about 0.09 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Principal Active High is roughly 11.17 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Principal Active 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.Did you try this?
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Fund Asset Allocation for Principal Active
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 Active'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
| Price To Earning | 18.55 X | |||
| Price To Book | 1.66 X | |||
| Price To Sales | 1.78 X | |||
| Number Of Employees | 384 | |||
| Beta | 0.76 | |||
| Total Asset | 224.88 M | |||
| One Year Return | 10.10 % | |||
| Three Year Return | 5.10 % | |||
| Five Year Return | 5.00 % | |||
| Net Asset | 224.88 M | |||
| Last Dividend Paid | 0.15 | |||
| Bond Positions Weight | 14.50 % |
About Principal Active Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Principal Active High's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Principal Active using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Principal Active High 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.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.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Principal Active High is a strong investment it is important to analyze Principal Active'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 Active's future performance. For an informed investment choice regarding Principal Etf, refer to the following important reports:Check out Principal Active Piotroski F Score and Principal Active Altman Z Score analysis. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
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.