Principal Value Etf Performance
| PY Etf | USD 48.76 0.27 0.55% |
The etf holds a Beta of 0.75, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Principal Value's returns are expected to increase less than the market. However, during the bear market, the loss of holding Principal Value is expected to be smaller as well.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Principal Value ETF has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly strong basic indicators, Principal Value is not utilizing all of its potentials. The newest stock price disturbance, may contribute to short-term losses for the investors. ...more
| In Threey Sharp Ratio | 0.33 |
Principal |
Principal Value Relative Risk vs. Return Landscape
If you would invest 4,975 in Principal Value ETF on December 22, 2024 and sell it today you would lose (99.00) from holding Principal Value ETF or give up 1.99% of portfolio value over 90 days. Principal Value ETF is generating negative expected returns and assumes 0.8191% volatility on return distribution over the 90 days horizon. Put differently, 7% of etfs are less risky than Principal on the basis of their historical return distribution, and some 99% of all equities are expected to be superior in generating returns on investments over the next 90 days. Expected Return |
| Risk |
Principal Value Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Principal Value's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Principal Value ETF, and traders can use it to determine the average amount a Principal Value'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 = -0.0362
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | PY |
Estimated Market Risk
| 0.82 actual daily | 7 93% of assets are more volatile |
Expected Return
| -0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Principal Value 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 Value by adding Principal Value to a well-diversified portfolio.
Principal Value Fundamentals Growth
Principal Etf prices reflect investors' perceptions of the future prospects and financial health of Principal Value, and Principal Value 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 | 14.27 X | |||
| Price To Book | 2.12 X | |||
| Price To Sales | 1.01 X | |||
| Total Asset | 90 M | |||
About Principal Value Performance
Evaluating Principal Value's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Principal Value 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 Value has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Under normal circumstances, the fund primarily invests in equity securities, focusing on value stocks. Principal Shareholders is traded on NASDAQ Exchange in the United States.| Principal Value ETF generated a negative expected return over the last 90 days | |
| The fund maintains 99.55% of its assets in stocks |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Principal Value 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 manufacturing. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
The market value of Principal Value ETF 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 Value's value that differs from its market value or its book value, called intrinsic value, which is Principal Value'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 Value's market value can be influenced by many factors that don't directly affect Principal Value'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 Value's value and its price as these two are different measures arrived at by different means. Investors typically determine if Principal Value is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Principal Value'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.