Principal Lifetime 2040 Fund Price on August 30, 2024
| PTDAX Fund | USD 15.58 0.85 5.17% |
Below is the normalized historical share price chart for Principal Lifetime 2040 extending back to October 28, 2005. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Principal Lifetime stands at 15.58, as last reported on the 21st of December, with the highest price reaching 15.58 and the lowest price hitting 15.58 during the day.
If you're considering investing in Principal Mutual Fund, it is important to understand the factors that can impact its price. Principal Lifetime 2040 maintains Sharpe Ratio (i.e., Efficiency) of -0.12, which implies the entity had a -0.12% return per unit of risk over the last 3 months. Principal Lifetime 2040 exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Principal Lifetime's Risk Adjusted Performance of (0.07), coefficient of variation of (1,069), and Variance of 0.739 to confirm the risk estimate we provide.
Principal Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Principal |
Sharpe Ratio = -0.1209
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| Negative Returns | PTDAX |
Estimated Market Risk
| 0.85 actual daily | 7 93% of assets are more volatile |
Expected Return
| -0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Principal Lifetime 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 Lifetime by adding Principal Lifetime to a well-diversified portfolio.
Principal Lifetime Valuation on August 30, 2024
It is possible to determine the worth of Principal Lifetime on a given historical date. On August 30, 2024 Principal was worth 16.51 at the beginning of the trading date compared to the closed value of 16.51. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Principal Lifetime mutual fund. Still, in general, we apply an absolute valuation method to find Principal Lifetime's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Principal Lifetime where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Principal Lifetime's related companies.
| Open | High | Low | Close | Volume | |
| 16.41 | 16.41 | 16.41 | 16.41 | 1.00 | |
08/30/2024 | 16.51 | 16.51 | 16.51 | 16.51 | 1.00 |
| 16.26 | 16.26 | 16.26 | 16.26 | 1.00 |
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Principal Lifetime Trading Date Momentum on August 30, 2024
| On September 03 2024 Principal Lifetime 2040 was traded for 16.26 at the closing time. The highest daily price throughout the period was 16.26 and the lowest price was 16.26 . There was no trading activity during the period 1.0. Lack of trading volume on 09/03/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 1.51% . The trading delta at closing time to current closing price is 2.06% . |
Principal Lifetime 2040 Fundamentals Correlations and Trends
By evaluating Principal Lifetime's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Principal Lifetime's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Principal financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Principal Lifetime Mutual Fund history
Principal Lifetime investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Principal is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Principal Lifetime 2040 will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Principal Lifetime stock prices may prove useful in developing a viable investing in Principal Lifetime
The fund operates as a target date fund that invests according to an asset allocation strategy designed for investors having a retirement investment goal close to the year in 2040. It is a fund of funds and invests in underlying funds of Principal Funds, Inc. . Its underlying funds consist of domestic and foreign equity funds, fixed-income funds, real asset funds, and other funds that aim to offer diversification beyond traditional equity and fixed-income securities.
Principal Lifetime Mutual Fund Technical Analysis
Principal Lifetime technical mutual fund 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, fund market cycles, or different charting patterns.
Price Boundaries
Principal Lifetime Period Price Range
Low | December 21, 2024
| High |
0.00 | 0.00 |
Principal Lifetime 2040 cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Principal Lifetime December 21, 2024 Market Strength
Market strength indicators help investors to evaluate how Principal Lifetime mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Principal Lifetime shares will generate the highest return on investment. By undertsting and applying Principal Lifetime mutual fund market strength indicators, traders can identify Principal Lifetime 2040 entry and exit signals to maximize returns
Principal Lifetime Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Principal Lifetime's price direction in advance. Along with the technical and fundamental analysis of Principal Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Principal to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.11) | |||
| Treynor Ratio | 1.47 |
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Other Information on Investing in Principal Mutual Fund
Principal Lifetime financial ratios help investors to determine whether Principal 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 Principal with respect to the benefits of owning Principal Lifetime security.
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance |