|Horizon||30 Days Login to change|
Principal Preferred Market Sensitivity
|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.One Month Beta |Analyze Principal Preferred Demand TrendCheck current 30 days Principal Preferred correlation with market (DOW)|
β = 0.1894
Principal Preferred Technical Analysis
Principal Preferred Projected Return Density Against MarketAssuming 30 trading days horizon, Principal Preferred has beta of 0.1894 suggesting as returns on market go up, Principal Preferred average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Principal Preferred Secs A EUR Hdg will be expected to be much smaller as well. Additionally, Principal Preferred Secs A EUR Hdg has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
Predicted Return Density
Principal Preferred Return VolatilityPrincipal Preferred Secs A EUR Hdg accepts 1.2538% volatility on return distribution over the 30 days horizon. DOW inherits 1.0618% risk (volatility on return distribution) over the 30 days horizon.