Principal Real Estate Stock Market Value
| PGZ Stock | USD 10.62 0.11 1.05% |
| Symbol | Principal |
Principal Real Estate Price To Book Ratio
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Principal Real. If investors know Principal will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Principal Real listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.99 |
The market value of Principal Real Estate 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 Real's value that differs from its market value or its book value, called intrinsic value, which is Principal Real'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 Real's market value can be influenced by many factors that don't directly affect Principal Real'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 Real's value and its price as these two are different measures arrived at by different means. Investors typically determine if Principal Real is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Principal Real'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.
Principal Real 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Principal Real's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Principal Real.
| 11/29/2023 |
| 11/23/2024 |
If you would invest 0.00 in Principal Real on November 29, 2023 and sell it all today you would earn a total of 0.00 from holding Principal Real Estate or generate 0.0% return on investment in Principal Real over 360 days. Principal Real is related to or competes with Eaton Vance, Invesco High, Blackrock Muniholdings, Nuveen California, Invesco Van, Invesco Trust, and Bny Mellon. Principal Real Estate Income Fund is a closed ended balanced mutual fund launched and managed by ALPS Advisers, Inc More
Principal Real Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Principal Real's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Principal Real Estate upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6415 | |||
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 3.11 | |||
| Value At Risk | (0.85) | |||
| Potential Upside | 1.05 |
Principal Real Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Principal Real's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Principal Real's standard deviation. In reality, there are many statistical measures that can use Principal Real historical prices to predict the future Principal Real's volatility.| Risk Adjusted Performance | 0.0527 | |||
| Jensen Alpha | 0.0282 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.14) | |||
| Treynor Ratio | 0.7373 |
Principal Real Estate Backtested Returns
At this stage we consider Principal Stock to be very steady. Principal Real Estate maintains Sharpe Ratio (i.e., Efficiency) of 0.0205, which implies the firm had a 0.0205% return per unit of risk over the last 3 months. We have found thirty technical indicators for Principal Real Estate, which you can use to evaluate the volatility of the company. Please check Principal Real's Coefficient Of Variation of 1385.56, semi deviation of 0.5702, and Risk Adjusted Performance of 0.0527 to confirm if the risk estimate we provide is consistent with the expected return of 0.0118%. Principal Real has a performance score of 1 on a scale of 0 to 100. The company holds a Beta of 0.0458, which implies not very significant fluctuations relative to the market. As returns on the market increase, Principal Real's returns are expected to increase less than the market. However, during the bear market, the loss of holding Principal Real is expected to be smaller as well. Principal Real Estate right now holds a risk of 0.58%. Please check Principal Real Estate treynor ratio, as well as the relationship between the expected short fall and day median price , to decide if Principal Real Estate will be following its historical price patterns.
Auto-correlation | 0.90 |
Excellent predictability
Principal Real Estate has excellent predictability. Overlapping area represents the amount of predictability between Principal Real time series from 29th of November 2023 to 27th of May 2024 and 27th of May 2024 to 23rd of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Principal Real Estate price movement. The serial correlation of 0.9 indicates that approximately 90.0% of current Principal Real price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.9 | |
| Spearman Rank Test | 0.68 | |
| Residual Average | 0.0 | |
| Price Variance | 0.24 |
Principal Real Estate lagged returns against current returns
Autocorrelation, which is Principal Real stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Principal Real's stock expected returns. We can calculate the autocorrelation of Principal Real returns to help us make a trade decision. For example, suppose you find that Principal Real has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Principal Real regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Principal Real stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Principal Real stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Principal Real stock over time.
Current vs Lagged Prices |
| Timeline |
Principal Real Lagged Returns
When evaluating Principal Real's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Principal Real stock have on its future price. Principal Real autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Principal Real autocorrelation shows the relationship between Principal Real stock current value and its past values and can show if there is a momentum factor associated with investing in Principal Real Estate.
Regressed Prices |
| Timeline |
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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.Additional Tools for Principal Stock Analysis
When running Principal Real's price analysis, check to measure Principal Real's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Principal Real is operating at the current time. Most of Principal Real's value examination focuses on studying past and present price action to predict the probability of Principal Real's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Principal Real's price. Additionally, you may evaluate how the addition of Principal Real to your portfolios can decrease your overall portfolio volatility.