Principal Preferred (Ireland) Manager Performance Evaluation

F00000Q3K6 -- Ireland Fund  

EUR 7.16  0.04  0.56%

The fund holds Beta of 0.1894 which implies as returns on market increase, Principal Preferred returns are expected to increase less than the market. However during bear market, the loss on holding Principal Preferred will be expected to be smaller as well.. Even though it is essential to pay attention to Principal Preferred current trending patterns, it is always good to be careful when utilizing equity existing price patterns. Macroaxis philosophy towards forecasting future performance of any fund is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Principal Preferred exposes twenty-one different technical indicators which can help you to evaluate its performance.
Horizon     30 Days    Login   to change

Principal Preferred Relative Risk vs. Return Landscape

If you would invest  737.00  in Principal Preferred Secs A EUR Hdg on September 21, 2018 and sell it today you would lose (21.00)  from holding Principal Preferred Secs A EUR Hdg or give up 2.85% of portfolio value over 30 days. Principal Preferred Secs A EUR Hdg is generating negative expected returns and assumes 1.2538% volatility on return distribution over the 30 days horizon. Simply put, 11% of equities are less volatile than Principal Preferred Secs A EUR Hdg and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming 30 trading days horizon, Principal Preferred Secs A EUR Hdg is expected to under-perform the market. In addition to that, the company is 1.21 times more volatile than its market benchmark. It trades about -0.57 of its total potential returns per unit of risk. The DOW is currently generating roughly -0.21 per unit of volatility.

Principal Preferred Current Valuation

Not valued
October 21, 2018
Market Value
Real Value
Target Odds
Principal Preferred is Unknown risk asset. Principal Preferred recent Real Value cannot be determined due to lack of data. The prevailing price of Principal Preferred is €7.16. Based on Macroaxis valuation methodology, the fund cannot be evaluated at this time. We determine the value of Principal Preferred from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we support investing in undervalued entities and to dispose of overvalued entities since at some point stocks prices and their ongoing real values will merge together.

Principal Preferred Market Risk Analysis

Sharpe Ratio = -0.5695
Good Returns
Average Returns
Small Returns
Negative ReturnsF00000Q3K6

Principal Preferred Relative Performance Indicators

Estimated Market Risk
  actual daily
 89 %
of total potential
Expected Return
  actual daily
 1 %
of total potential
Risk-Adjusted Return
  actual daily
 1 %
of total potential
Based on monthly moving average Principal Preferred is performing at about 0% 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 Preferred by adding it to a well-diversified portfolio.

Principal Preferred Performance Rating

Principal Preferred Secs A EUR Hdg Risk Adjusted Performance Analysis


Risk-Adjusted Fund Performance

Over the last 30 days Principal Preferred Secs A EUR Hdg has generated negative risk-adjusted returns adding no value to fund investors.

Principal Preferred Alerts

Equity Alerts and Improvement Suggestions

Principal Preferred is not yet fully synchronised with the market data
Principal Preferred generates negative expected return over the last 30 days
The fund retains about 61.6% of its assets under management (AUM) in fixed income securities
Additionally see Investing Opportunities. Please also try Volatility Analysis module to get historical volatility and risk analysis based on latest market data.