Our philosophy towards forecasting volatility of a fund is to use all available market data together with fund specific technical indicators
that cannot be diversified away. We have found twenty-one technical indicators
for Principal Preferred which you can use to evaluate future volatility of the fund. Please check Principal Preferred to confirm if risk estimate we provide are consistent with the epected return of 0.0%. The fund holds Beta of 0.0 which implies the returns on MARKET and Principal Preferred are completely uncorrelated. Although it is extremely important to respect Principal Preferred
current trending patterns, it is better to be realistic regarding the information on equity existing price patterns
. The philosophy towards forecasting future performance of any fund is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators
. By analyzing Principal Preferred technical indicators
you can presently evaluate if the expected return of 0.0% will be sustainable into the future.
No correlation between past and present
Principal Preferred Secs I JPY Hdg Acc has no correlation between past and present. Overlapping area represents the amount of predictability between Principal Preferred time series from May 19, 2019 to June 18, 2019 and June 18, 2019 to July 18, 2019. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Principal Preferred price movement. The serial correlation of 0.0 indicates that just 0.0% of current Principal Preferred price fluctuation can be explain by its past prices.