Principal International Equity Etf Performance
| PIEQ Etf | 27.21 0.32 1.19% |
The etf holds a Beta of 0.59, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Principal International's returns are expected to increase less than the market. However, during the bear market, the loss of holding Principal International is expected to be smaller as well.
Risk-Adjusted Performance
Good
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Principal International Equity are ranked lower than 15 (%) of all global equities and portfolios over the last 90 days. Even with relatively uncertain technical and fundamental indicators, Principal International may actually be approaching a critical reversion point that can send shares even higher in April 2025. ...more
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Principal International Relative Risk vs. Return Landscape
If you would invest 2,427 in Principal International Equity on December 28, 2024 and sell it today you would earn a total of 294.00 from holding Principal International Equity or generate 12.11% return on investment over 90 days. Principal International Equity is currently generating 0.1953% in daily expected returns and assumes 0.9655% risk (volatility on return distribution) over the 90 days horizon. In different words, 8% of etfs are less volatile than Principal, and 97% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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Principal International Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Principal International's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Principal International Equity, and traders can use it to determine the average amount a Principal International'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 = 0.2023
| Best Portfolio | Best Equity | |||
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| Small Returns | PIEQ | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.97 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.2 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average Principal International is performing at about 15% of its full potential. 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 International by adding it to a well-diversified portfolio.
About Principal International Performance
Assessing Principal International's fundamental ratios provides investors with valuable insights into Principal International's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Principal International is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.