Principal Small Cap Multi Factor Etf Performance
| PSC Etf | USD 48.33 1.20 2.55% |
The etf holds a Beta of 0.0426, which implies not very significant fluctuations relative to the market. As returns on the market increase, Principal Small's returns are expected to increase less than the market. However, during the bear market, the loss of holding Principal Small is expected to be smaller as well.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Principal Small Cap Multi Factor has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest weak performance, the Etf's basic indicators remain sound and the latest tumult on Wall Street may also be a sign of longer-term gains for the fund shareholders. ...more
| In Threey Sharp Ratio | 0.18 |
Principal |
Principal Small Relative Risk vs. Return Landscape
If you would invest 5,341 in Principal Small Cap Multi Factor on December 17, 2024 and sell it today you would lose (508.00) from holding Principal Small Cap Multi Factor or give up 9.51% of portfolio value over 90 days. Principal Small Cap Multi Factor is generating negative expected returns assuming volatility of 1.2708% on return distribution over 90 days investment horizon. In other words, 11% of etfs are less volatile than Principal, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Principal Small Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Principal Small's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Principal Small Cap Multi Factor, and traders can use it to determine the average amount a Principal Small'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 = -0.1247
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | PSC |
Estimated Market Risk
| 1.27 actual daily | 11 89% of assets are more volatile |
Expected Return
| -0.16 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 Small 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 Small by adding Principal Small to a well-diversified portfolio.
Principal Small Fundamentals Growth
Principal Etf prices reflect investors' perceptions of the future prospects and financial health of Principal Small, and Principal Small fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Principal Etf performance.
| Price To Earning | 18.18 X | |||
| Price To Book | 2.06 X | |||
| Price To Sales | 1.07 X | |||
| Total Asset | 217.28 M | |||
About Principal Small Performance
By analyzing Principal Small's fundamental ratios, stakeholders can gain valuable insights into Principal Small's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Principal Small has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Principal Small has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
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 small market capitalizations at the time of purchase. Resources Prospect is traded on NASDAQ Exchange in the United States.| Principal Small Cap generated a negative expected return over the last 90 days | |
| The fund maintains 99.67% of its assets in stocks |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Principal Small Cap Multi Factor. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
The market value of Principal Small 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 Small's value that differs from its market value or its book value, called intrinsic value, which is Principal Small'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 Small's market value can be influenced by many factors that don't directly affect Principal Small'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 Small's value and its price as these two are different measures arrived at by different means. Investors typically determine if Principal Small is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Principal Small'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.