Real Estate Competition

PREPX Fund

USD 27.18 1.06 3.75%

Real Estate Securities competes with Materials Portfolio, Balanced Fund, Abr 7525, Scharf Global, and Rbc Microcap; as well as few others. The fund is listed under Real Estate category and is part of Principal Funds family. Analyzing Real Estate competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Real Estate to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Real Estate Correlation with its peers.

You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Real Estate competition on your existing holdings.

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Hype

Prediction

Low	Estimated	High
26.26	27.18	28.10

Details

Intrinsic

Valuation

Low	Real	High
26.60	27.52	28.44

Details

Real Estate Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Real Estate and its competitors represents the degree of relationship between the price movements of corresponding funds. A correlation of about +1.0 implies that the price of Real and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Real Estate Securities does not affect the price movement of the other competitor.

	FFCGX	FIJFX	TWBIX	VOLJX	WRLDX	TMVAX	CPUCX	ADOIX
FFCGX		0.47	0.68	0.6	0.67	0.58	-0.08	0.71	FFCGX
FIJFX	0.47		0.06	0.0	0.65	-0.06	0.13	-0.03	FIJFX
TWBIX	0.68	0.06		0.94	0.35	0.71	-0.02	0.71	TWBIX
VOLJX	0.6	0.0	0.94		0.37	0.85	-0.18	0.77	VOLJX
WRLDX	0.67	0.65	0.35	0.37		0.44	0.07	0.28	WRLDX
TMVAX	0.58	-0.06	0.71	0.85	0.44		-0.45	0.85	TMVAX
CPUCX	-0.08	0.13	-0.02	-0.18	0.07	-0.45		-0.6	CPUCX
ADOIX	0.71	-0.03	0.71	0.77	0.28	0.85	-0.6		ADOIX
	FFCGX	FIJFX	TWBIX	VOLJX	WRLDX	TMVAX	CPUCX	ADOIX

Click cells to compare fundamentals

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High positive correlations

VOLJX	+ 0.94	TWBIX
TMVAX	+ 0.85	VOLJX
ADOIX	+ 0.85	TMVAX
ADOIX	+ 0.77	VOLJX
ADOIX	+ 0.71	FFCGX
TMVAX	+ 0.71	TWBIX

High negative correlations

ADOIX	- 0.6	CPUCX
CPUCX	- 0.45	TMVAX
CPUCX	- 0.18	VOLJX
CPUCX	- 0.08	FFCGX
TMVAX	- 0.06	FIJFX
ADOIX	- 0.03	FIJFX

Risk-Adjusted Indicators

There is a big difference between Real Mutual Fund performing well and Real Estate Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Real Estate's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
FFCGX	0.53	(0.02)	(0.04)	(0.01)	0.71	(0.58)	1.26	(1.05)	3.41
FIJFX	0.69	(0.06)	0.00	(0.31)	0.00	0.00	1.63	(1.16)	3.93
TWBIX	0.34	0.01	(0.01)	0.14	0.40	(0.37)	0.75	(0.75)	2.38
VOLJX	0.69	0.06	0.04	1.20	1.03	(0.70)	1.44	(1.39)	4.97
WRLDX	0.51	(0.10)	0.00	(0.13)	0.00	0.00	0.91	(1.04)	5.22
TMVAX	0.81	0.09	0.10	0.10	0.70	(1.04)	2.17	(1.54)	8.08
CPUCX	0.24	(0.06)	0.00	(4.92)	0.00	0.00	0.44	(0.54)	1.41
ADOIX	0.42	0.05	0.06	0.13	0.51	(0.45)	1.03	(0.79)	2.89

Unable to evaluate fundamental data of [FFCGX, FIJFX, TWBIX, VOLJX, WRLDX, TMVAX, CPUCX, ADOIX] at this time. Please try again later

All Fundamental Data

Real Estate Competitive Analysis

The better you understand Real Estate competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Real Estate's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Real Estate's competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

View Performance Chart

	PREPX	FFCGX	FIJFX	TWBIX	VOLJX	WRLDX	TMVAX	CPUCX	ADOIX
	3.75 27.18 Real	2.64 39.04 FFCGX	0.93 94.53 Materials	0.89 20.14 Balanced	0.45 11.16 Abr	1.86 34.83 Scharf	0.93 30.83 Rbc	0.54 9.17 Aam	1.60 21.57 Acm
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady
Market Performance (90 Days Performance)	Very Weak	Very Weak	Very Weak	Modest	Insignificant	Very Weak	Modest	Very Weak	OK
Odds of Financial Distress (Probability Of Bankruptcy)	Low	About Average	Low	Low	Low	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Fairly Valued	Fairly Valued	Over Valued	Fairly Valued	Fairly Valued	Fairly Valued	Under Valued	Fairly Valued	Fairly Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Strong Buy	Strong Buy	Strong Buy	Buy	Strong Hold	Strong Buy	Strong Buy	Strong Hold	Strong Buy
Net Asset	3.87 B	N/A	559.89 M	875.31 M	270.08 M	26.32 M	105.7 M	110.12 M	66.73 M
Minimum Initial Investment	N/A	N/A	N/A	N/A	N/A	10 K	N/A	N/A	10 K
Price To Book	2.54	N/A	N/A	2.74	N/A	2.16	1.31	N/A	4.96
Five Year Return	4.97	N/A	10.46	7.67	N/A	7.95	11.13	0.058	7.51
One Year Return	11.14	N/A	6.87	16.14	N/A	11.64	21.4	5.65	24.15
Last Dividend Paid	0.09	N/A	0.02	0.05	N/A	0.23	0.2	0.02	N/A
Price To Earning	32.23	N/A	N/A	17.99	N/A	17.75	15.65	N/A	25.44
Price To Sales	6.88	N/A	N/A	1.53	N/A	2.0	0.63	N/A	3.43
Cash Position Weight	1.93	N/A	0.89	2.09	98.02	3.74	1.75	2.0	14.98
Equity Positions Weight	98.07	N/A	99.11	56.34	5.49	96.04	98.25	N/A	85.02
Three Year Return	-1.53	N/A	1.58	3.56	N/A	4.51	7.79	-2.48	4.93
Annual Yield	0.0223	N/A	0.0143	0.0173	N/A	0.0105	0.0073	0.0027	0.0109
Year To Date Return	8.76	N/A	3.32	14.43	N/A	8.91	16.07	3.72	23.23
Bond Positions Weight	N/A	N/A	N/A	2.11	N/A	N/A	N/A	20.02	N/A
Ten Year Return	9.62	N/A	5.93	8.62	N/A	N/A	6.95	N/A	N/A
Daily Balance Of Power	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)
Day Typical Price	27.18	39.04	94.53	20.14	11.16	34.83	30.83	9.17	21.57
Period Momentum Indicator	(1.06)	(1.06)	(0.89)	(0.18)	(0.05)	(0.66)	(0.29)	(0.05)	(0.35)
Rate Of Daily Change	0.96	0.97	0.99	0.99	1.0	0.98	0.99	0.99	0.98
Day Median Price	27.18	39.04	94.53	20.14	11.16	34.83	30.83	9.17	21.57
Price Action Indicator	(0.53)	(0.53)	(0.45)	(0.09)	(0.03)	(0.33)	(0.15)	(0.03)	(0.18)
Coefficient Of Variation	(863.25)	28281.08	(2,090)	1878.41	1436.66	(943.99)	1004.52	(614.82)	866.96
Mean Deviation	0.6343	0.5281	0.6934	0.3357	0.6882	0.5128	0.806	0.245	0.4205
Jensen Alpha	(0.10)	(0.02)	(0.06)	0.0118	0.0577	(0.10)	0.0926	(0.06)	0.048
Total Risk Alpha	(0.12)	(0.02)	(0.07)	0.003	0.0349	(0.11)	0.0845	(0.07)	0.0424
Sortino Ratio	N/A	(0.04)	N/A	(0.01)	0.035	N/A	0.1049	N/A	0.0581
Downside Variance	N/A	0.5553	N/A	0.2299	1.27	N/A	0.8287	N/A	0.4084
Standard Deviation	0.7899	0.7166	0.875	0.4455	0.9855	0.7414	1.25	0.3164	0.5741
Kurtosis	(0.41)	2.39	0.6421	1.12	2.88	6.4	10.86	1.01	1.22
Potential Upside	1.15	1.26	1.63	0.7519	1.44	0.9061	2.17	0.4362	1.03
Treynor Ratio	(0.58)	(0.01)	(0.31)	0.1386	1.2	(0.13)	0.0997	(4.92)	0.1304
Maximum Drawdown	3.05	3.41	3.93	2.38	4.97	5.22	8.08	1.41	2.89
Variance	0.624	0.5134	0.7656	0.1985	0.9712	0.5497	1.57	0.1001	0.3296
Market Risk Adjusted Performance	(0.57)	(0.0007)	(0.30)	0.1486	1.21	(0.12)	0.1097	(4.91)	0.1404
Risk Adjusted Performance	(0.09)	0.0017	(0.04)	0.0345	0.0573	(0.08)	0.0828	(0.14)	0.0878
Skewness	(0.18)	(0.43)	0.8248	(0.16)	(0.60)	(1.42)	2.35	0.4453	(0.45)
Semi Deviation	N/A	0.7107	N/A	0.4045	1.03	N/A	0.6992	N/A	0.511
Information Ratio	(0.15)	(0.04)	(0.08)	(0.01)	0.0401	(0.15)	0.0763	(0.25)	0.0646
Value At Risk	(1.38)	(1.05)	(1.16)	(0.75)	(1.39)	(1.04)	(1.54)	(0.54)	(0.79)
Expected Short fall	N/A	(0.58)	N/A	(0.37)	(0.70)	N/A	(1.04)	N/A	(0.45)
Downside Deviation	N/A	0.7452	N/A	0.4794	1.13	N/A	0.9104	N/A	0.639
Semi Variance	N/A	0.5051	N/A	0.1636	1.07	N/A	0.4889	N/A	0.2611

Real Estate Competition Performance Charts

Five steps to successful analysis of Real Estate Competition

Real Estate's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Real Estate Securities in relation to its competition. Real Estate's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of Real Estate in the market, both direct and indirect, as well as new entrants and disruptive technologies.
Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Real Estate's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Real Estate Securities, and developing a strategy to address them.
Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.

Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Real Estate position

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Other Information on Investing in Real Mutual Fund

Real Estate financial ratios help investors to determine whether Real Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Real with respect to the benefits of owning Real Estate security.

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