The fund holds Beta of 0.0 which implies the returns on MARKET and Principal Preferred are completely uncorrelated. 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 LandscapeIf you would invest 154,342 in Principal Preferred Secs I JPY Hdg Acc on November 16, 2018 and sell it today you would lose (4,231) from holding Principal Preferred Secs I JPY Hdg Acc or give up 2.74% of portfolio value over 30 days. Principal Preferred Secs I JPY Hdg Acc is generating negative expected returns and assumes 0.5497% volatility on return distribution over the 30 days horizon. Simply put, 4% of equities are less volatile than Principal Preferred Secs I JPY Hdg Acc 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 Current Valuation
December 16, 2018
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 ¥1501.11. 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 = -0.8385
Principal Preferred Relative Performance Indicators
Estimated Market Risk
Risk-Adjusted Fund PerformanceOver the last 30 days Principal Preferred Secs I JPY Hdg Acc has generated negative risk-adjusted returns adding no value to fund investors.
|Fifty Two Week Low||1,418.0400|
|Fifty Two Week High||1,418.0400|
|Annual Report Expense Ratio||0.42%|