Principal International Equity Etf Performance
| PIEQ Etf | 24.52 0.23 0.93% |
The etf holds a Beta of 0.0135, which implies not very significant fluctuations relative to the market. As returns on the market increase, Principal International's returns are expected to increase less than the market. However, during the bear market, the loss of holding Principal International is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days Principal International Equity has generated negative risk-adjusted returns adding no value to investors with long positions. Even with relatively invariable technical and fundamental indicators, Principal International is not utilizing all of its potentials. The recent stock price agitation, may contribute to short-term losses for the retail investors. ...more
1 | Principal Asset Management Launches Global ETF Amid Record 349B Active Fund Demand PFG Stock News - StockTitan | 11/11/2024 |
2 | Principal launches active global ex-US equities ETF - ETF Strategy | 11/13/2024 |
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Principal International Relative Risk vs. Return Landscape
If you would invest 2,493 in Principal International Equity on September 1, 2024 and sell it today you would lose (41.00) from holding Principal International Equity or give up 1.64% of portfolio value over 90 days. Principal International Equity is currently does not generate positive expected returns and assumes 0.8222% risk (volatility on return distribution) over the 90 days horizon. In different words, 7% of etfs are less volatile than Principal, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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Principal International Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Principal International's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Principal International Equity, and traders can use it to determine the average amount a Principal International's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.1081
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| Negative Returns | PIEQ |
Estimated Market Risk
| 0.82 actual daily | 7 93% of assets are more volatile |
Expected Return
| -0.09 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Principal International is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Principal International by adding Principal International to a well-diversified portfolio.
About Principal International Performance
Assessing Principal International's fundamental ratios provides investors with valuable insights into Principal International's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Principal International is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
| Principal International generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Principal launches active global ex-US equities ETF - ETF Strategy |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Principal International Equity. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
The market value of Principal International 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 International's value that differs from its market value or its book value, called intrinsic value, which is Principal International'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 International's market value can be influenced by many factors that don't directly affect Principal International'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 International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Principal International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Principal International'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.