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.
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. Inspite very unfluctuating forward-looking indicators, Principal Preferred is not utilizing all of its potentials. The current stock price disarray, may contribute to short term momentum losses for the insiders.
|Fifty Two Week Low||6.96|
|Fifty Two Week High||6.97|
|Annual Report Expense Ratio||1.07%|
Principal Preferred Relative Risk vs. Return Landscape
If you would invest (100.00)
in Principal Preferred Secs A EUR Hdg on June 18, 2019
and sell it today you would earn a total of 100.00
from holding Principal Preferred Secs A EUR Hdg or generate -100.0%
return on investment over 30
days. Principal Preferred Secs A EUR Hdg is generating negative expected returns and assumes 0.0% volatility on return distribution over the 30 days horizon. Simply put, 0% of equities are less volatile than Principal Preferred and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
Principal Preferred Market Risk Analysis
Sharpe Ratio = 0.0
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