Principal Exchange Traded Funds Etf One Year Return
| IG Etf | USD 20.02 0.08 0.40% |
Principal Exchange Traded Funds fundamentals help investors to digest information that contributes to Principal Exchange's financial success or failures. It also enables traders to predict the movement of Principal Etf. The fundamental analysis module provides a way to measure Principal Exchange's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Principal Exchange etf.
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Principal Exchange Traded Funds ETF One Year Return Analysis
Principal Exchange's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Principal Exchange One Year Return | 1.10 % |
Most of Principal Exchange's fundamental indicators, such as One Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Principal Exchange Traded Funds is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
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Based on the recorded statements, Principal Exchange Traded Funds has an One Year Return of 1.1%. This is 80.67% lower than that of the Principal Funds family and significantly higher than that of the Corporate Bond category. The one year return for all United States etfs is notably lower than that of the firm.
Principal One Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Principal Exchange's direct or indirect competition against its One Year Return to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Principal Exchange could also be used in its relative valuation, which is a method of valuing Principal Exchange by comparing valuation metrics of similar companies.Principal Exchange is currently under evaluation in one year return as compared to similar ETFs.
Fund Asset Allocation for Principal Exchange
The fund invests most of its assets under management in various types of exotic instruments, with the rest of asset invested in bonds.Asset allocation divides Principal Exchange's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Principal Fundamentals
| Return On Asset | 1.88 | |||
| Profit Margin | 53.44 % | |||
| Operating Margin | 7.89 % | |||
| Current Valuation | 357.34 M | |||
| Shares Outstanding | 52.86 M | |||
| Shares Owned By Insiders | 58.47 % | |||
| Shares Owned By Institutions | 17.90 % | |||
| Number Of Shares Shorted | 10.22 M | |||
| Price To Earning | 151.40 X | |||
| Price To Book | 5.36 X | |||
| Price To Sales | 10.01 X | |||
| Revenue | 39.97 M | |||
| Gross Profit | 16.79 M | |||
| Net Income | 21.36 M | |||
| Cash And Equivalents | 150.22 M | |||
| Cash Per Share | 2.84 X | |||
| Total Debt | 106.88 M | |||
| Debt To Equity | 1.43 % | |||
| Current Ratio | 13.11 X | |||
| Cash Flow From Operations | (9.21 M) | |||
| Earnings Per Share | 0.06 X | |||
| Number Of Employees | 81 | |||
| Beta | 1.26 | |||
| Market Capitalization | 400.18 M | |||
| Total Asset | 18.2 M | |||
| Retained Earnings | (23.66 M) | |||
| Working Capital | 159.92 M | |||
| Current Asset | 173.13 M | |||
| Current Liabilities | 13.21 M | |||
| One Year Return | 1.10 % | |||
| Three Year Return | (3.80) % | |||
| Five Year Return | 0.70 % | |||
| Net Asset | 18.2 M | |||
| Last Dividend Paid | 0.065 | |||
| Bond Positions Weight | 16.18 % |
About Principal Exchange Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Principal Exchange Traded Funds's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Principal Exchange using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Principal Exchange Traded Funds based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Principal Exchange in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Principal Exchange's short interest history, or implied volatility extrapolated from Principal Exchange options trading.
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The market value of Principal Exchange 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 Exchange's value that differs from its market value or its book value, called intrinsic value, which is Principal Exchange'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 Exchange's market value can be influenced by many factors that don't directly affect Principal Exchange'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 Exchange's value and its price as these two are different measures arrived at by different means. Investors typically determine if Principal Exchange is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Principal Exchange'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.