Principal Mega Financials
| USMC Etf | USD 57.36 0.08 0.14% |
Principal |
The data published in Principal Mega's official financial statements typically reflect Principal Mega's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Principal Mega's quantitative information. For example, before you start analyzing numbers published by Principal accountants, it's essential to understand Principal Mega's liquidity, profitability, and earnings quality within the context of the Principal Funds space in which it operates.
Please note, the presentation of Principal Mega's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Principal Mega's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Principal Mega's management manipulating its earnings.
Principal Mega Etf Summary
Principal Mega competes with Principal Quality, VictoryShares Multi, VictoryShares Dividend, IShares ESG, and Invesco Variable. Under normal circumstances, the fund invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in equity securities of U.S. companies with very large market capitalizations at the time of purchase. Principal is traded on NASDAQ Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NASDAQ Exchange |
| ISIN | US74255Y8701 |
| CUSIP | 74255Y870 |
| Region | North America |
| Investment Issuer | Principal |
| Etf Family | Principal Funds |
| Fund Category | Size and Style |
| Portfolio Concentration | Large Cap |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
Principal Mega Key Financial Ratios
Principal Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Principal Mega's current stock value. Our valuation model uses many indicators to compare Principal Mega value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Principal Mega competition to find correlations between indicators driving Principal Mega's intrinsic value. More Info.Principal Mega Cap ETF is rated first in beta as compared to similar ETFs. It is rated first in one year return as compared to similar ETFs reporting about 13.26 of One Year Return per Beta. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Principal Mega's earnings, one of the primary drivers of an investment's value.Principal Mega Cap Systematic Risk
Principal Mega's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Principal Mega volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Principal Mega Cap correlated with the market. If Beta is less than 0 Principal Mega generally moves in the opposite direction as compared to the market. If Principal Mega Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Principal Mega Cap is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Principal Mega is generally in the same direction as the market. If Beta > 1 Principal Mega moves generally in the same direction as, but more than the movement of the benchmark.
About Principal Mega Financials
What exactly are Principal Mega Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Principal Mega's income statement, its balance sheet, and the statement of cash flows. Potential Principal Mega investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Principal Mega investors may use each financial statement separately, they are all related. The changes in Principal Mega's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Principal Mega's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.Principal Mega Thematic Clasifications
Principal Mega Cap ETF is part of several thematic ideas from Large Cap ETFs to Size And Style ETFs. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasPrincipal Mega March 24, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Principal Mega help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Principal Mega Cap ETF. We use our internally-developed statistical techniques to arrive at the intrinsic value of Principal Mega Cap ETF based on widely used predictive technical indicators. In general, we focus on analyzing Principal Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Principal Mega's daily price indicators and compare them against related drivers.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 5.28 | |||
| Value At Risk | (1.76) | |||
| Potential Upside | 1.45 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Principal Mega Cap ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Stocks Directory module to find actively traded stocks across global markets.
The market value of Principal Mega Cap 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 Mega's value that differs from its market value or its book value, called intrinsic value, which is Principal Mega'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 Mega's market value can be influenced by many factors that don't directly affect Principal Mega'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 Mega's value and its price as these two are different measures arrived at by different means. Investors typically determine if Principal Mega is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Principal Mega'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.