Principal Preferred (Ireland) Manager Performance Evaluation

IE00B5KPPF97 -- Ireland Fund  

JPY 1,549  8.22  0.53%

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 Landscape

If you would invest  156,233  in Principal Preferred Secs I JPY Hdg Acc on September 18, 2018 and sell it today you would lose (1,365)  from holding Principal Preferred Secs I JPY Hdg Acc or give up 0.87% of portfolio value over 30 days. Principal Preferred Secs I JPY Hdg Acc is generating negative expected returns and assumes 0.2484% volatility on return distribution over the 30 days horizon. Simply put, 2% 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 (%) 
      Risk (%) 
Assuming 30 trading days horizon, Principal Preferred Secs I JPY Hdg Acc is expected to under-perform the market. But the company apears to be less risky and when comparing its historical volatility, the company is 4.3 times less risky than the market. the firm trades about -0.5 of its potential returns per unit of risk. The DOW is currently generating roughly -0.08 of returns per unit of risk over similar time horizon.

Principal Preferred Current Valuation

Not valued
October 18, 2018
1,549
Market Value
0.00
Real Value
Target Odds
  
0.00
Upside
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 ¥1548.68. 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 = -0.5032
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Principal Preferred Relative Performance Indicators

Estimated Market Risk
 0.25
  actual daily
 
 98 %
of total potential
  
Expected Return
 -0.12
  actual daily
 
 1 %
of total potential
  
Risk-Adjusted Return
 -0.5
  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 I JPY Hdg Acc Risk Adjusted Performance Analysis

0 

Risk-Adjusted Fund Performance

Over the last 30 days Principal Preferred Secs I JPY Hdg Acc 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
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