Principal Spectrum Financial Statements From 2010 to 2025
| PREF Etf | USD 18.65 0.01 0.05% |
Check Principal Spectrum financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Principal Spectrum's main balance sheet or income statement drivers, such as , as well as many indicators such as . Principal financial statements analysis is a perfect complement when working with Principal Spectrum Valuation or Volatility modules.
Principal |
Principal Spectrum Preferred ETF Beta Analysis
Principal Spectrum's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Principal Spectrum Beta | 0.7 |
Most of Principal Spectrum's fundamental indicators, such as Beta, 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 Spectrum Preferred is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Principal Spectrum Preferred has a Beta of 0.7. This is much higher than that of the Principal Funds family and significantly higher than that of the Preferred Stock category. The beta for all United States etfs is notably lower than that of the firm.
About Principal Spectrum Financial Statements
Principal Spectrum stakeholders use historical fundamental indicators, such as Principal Spectrum's revenue or net income, to determine how well the company is positioned to perform in the future. Although Principal Spectrum investors may analyze each financial statement separately, they are all interrelated. For example, changes in Principal Spectrum's assets and liabilities are reflected in the revenues and expenses on Principal Spectrum's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Principal Spectrum Preferred. Please read more on our technical analysis and fundamental analysis pages.
Under normal circumstances, the fund invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in preferred securities at the time of purchase. Principal Spectrum is traded on NYSEARCA Exchange in the United States.
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 the analysis of Principal Spectrum Correlation against competitors. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
The market value of Principal Spectrum 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 Spectrum's value that differs from its market value or its book value, called intrinsic value, which is Principal Spectrum'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 Spectrum's market value can be influenced by many factors that don't directly affect Principal Spectrum'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 Spectrum's value and its price as these two are different measures arrived at by different means. Investors typically determine if Principal Spectrum is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Principal Spectrum'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.