Principal Spectrum Preferred Etf Market Value
| PREF Etf | USD 19.14 0.04 0.21% |
| Symbol | Principal |
Investors evaluate Principal Spectrum using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Principal Spectrum's intrinsic value—the estimated true worth—helps identify when the stock trades at a discount or premium to fair value. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. External factors like market trends, sector rotation, and investor psychology can cause Principal Spectrum's market price to deviate significantly from intrinsic value.
It's important to distinguish between Principal Spectrum's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Principal Spectrum should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Conversely, Principal Spectrum's market price signifies the transaction level at which participants voluntarily complete trades.
Principal Spectrum '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 Spectrum's etf 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 Spectrum.
| 11/01/2025 |
| 01/30/2026 |
If you would invest 0.00 in Principal Spectrum on November 1, 2025 and sell it all today you would earn a total of 0.00 from holding Principal Spectrum Preferred or generate 0.0% return on investment in Principal Spectrum over 90 days. Principal Spectrum is related to or competes with First Trust, Invesco Variable, Vanguard Total, Invesco DWA, Global X, IShares MSCI, and Kovitz Core. Under normal circumstances, the fund invests at least 80 percent of its net assets, plus any borrowings for investment p... More
Principal Spectrum 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 Spectrum's etf 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 Spectrum Preferred upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.2093 | |||
| Information Ratio | (0.21) | |||
| Maximum Drawdown | 0.739 | |||
| Value At Risk | (0.26) | |||
| Potential Upside | 0.3158 |
Principal Spectrum Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Principal Spectrum's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Principal Spectrum's standard deviation. In reality, there are many statistical measures that can use Principal Spectrum historical prices to predict the future Principal Spectrum's volatility.| Risk Adjusted Performance | 0.0578 | |||
| Jensen Alpha | 0.0072 | |||
| Total Risk Alpha | (0.0009) | |||
| Sortino Ratio | (0.19) | |||
| Treynor Ratio | 0.1209 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Principal Spectrum's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Principal Spectrum January 30, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0578 | |||
| Market Risk Adjusted Performance | 0.1309 | |||
| Mean Deviation | 0.1524 | |||
| Semi Deviation | 0.0859 | |||
| Downside Deviation | 0.2093 | |||
| Coefficient Of Variation | 842.05 | |||
| Standard Deviation | 0.1891 | |||
| Variance | 0.0358 | |||
| Information Ratio | (0.21) | |||
| Jensen Alpha | 0.0072 | |||
| Total Risk Alpha | (0.0009) | |||
| Sortino Ratio | (0.19) | |||
| Treynor Ratio | 0.1209 | |||
| Maximum Drawdown | 0.739 | |||
| Value At Risk | (0.26) | |||
| Potential Upside | 0.3158 | |||
| Downside Variance | 0.0438 | |||
| Semi Variance | 0.0074 | |||
| Expected Short fall | (0.18) | |||
| Skewness | (0.15) | |||
| Kurtosis | (0.43) |
Principal Spectrum Backtested Returns
At this point, Principal Spectrum is very steady. Principal Spectrum maintains Sharpe Ratio (i.e., Efficiency) of 0.16, which implies the entity had a 0.16 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Principal Spectrum, which you can use to evaluate the volatility of the etf. Please check Principal Spectrum's Coefficient Of Variation of 842.05, semi deviation of 0.0859, and Risk Adjusted Performance of 0.0578 to confirm if the risk estimate we provide is consistent with the expected return of 0.0282%. The etf holds a Beta of 0.1, which implies not very significant fluctuations relative to the market. As returns on the market increase, Principal Spectrum's returns are expected to increase less than the market. However, during the bear market, the loss of holding Principal Spectrum is expected to be smaller as well.
Auto-correlation | 0.66 |
Good predictability
Principal Spectrum Preferred has good predictability. Overlapping area represents the amount of predictability between Principal Spectrum time series from 1st of November 2025 to 16th of December 2025 and 16th of December 2025 to 30th of January 2026. 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 Spectrum price movement. The serial correlation of 0.66 indicates that around 66.0% of current Principal Spectrum price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.66 | |
| Spearman Rank Test | 0.77 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Currently Active Assets on Macroaxis
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 Correlation, Principal Spectrum Volatility and Principal Spectrum Performance module to complement your research on Principal Spectrum. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Principal Spectrum technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.