Principal Active High Etf Three Year Return
| YLD Etf | USD 19.41 0.20 1.02% |
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 Three Year Return Analysis
Principal Active's Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.
More About Three Year Return | All Equity Analysis
Three Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Principal Active Three Year Return | 4.90 % |
Most of Principal Active's fundamental indicators, such as Three Year Return, 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.
Although Three Year Fund Return indicator can give a sense of overall fund mid-term potential, it is recommended to compare fund performances against other similar funds, ETFs, or market benchmarks for the same 3 year interval.
| Competition |
Based on the latest financial disclosure, Principal Active High has a Three Year Return of 4.9%. This is much higher than that of the Principal Funds family and significantly higher than that of the High Yield Bond category. The three year return for all United States etfs is 51.7% lower than that of the firm.
Principal Three Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Principal Active's direct or indirect competition against its Three 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 Active could also be used in its relative valuation, which is a method of valuing Principal Active by comparing valuation metrics of similar companies.Principal Active is currently under evaluation in three year return as compared to similar ETFs.
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 | 13.40 % | |||
| Three Year Return | 4.90 % | |||
| Five Year Return | 5.20 % | |||
| 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.
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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 Commodity Directory module to find actively traded commodities issued by global 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.