Principal Preferred (Ireland) Manager Performance Evaluation

IE00B5KPPF97 -- Ireland Fund  

JPY 1,562  3.75  0.24%

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 0.0429% will be sustainable into the future.
 Time Horizon     30 Days    Login   to change

Principal Preferred Relative Risk vs. Return Landscape

If you would invest  155,537  in Principal Preferred Secs I JPY Hdg Acc on July 17, 2018 and sell it today you would earn a total of  666.00  from holding Principal Preferred Secs I JPY Hdg Acc or generate 0.43% return on investment over 30 days. Principal Preferred Secs I JPY Hdg Acc is generating 0.0429% of daily returns and assumes 0.1807% volatility on return distribution over the 30 days horizon. Simply put, 1% 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 generate 0.4 times more return on investment than the market. However, the company is 2.53 times less risky than the market. It trades about 0.24 of its potential returns per unit of risk. The DOW is currently generating roughly 0.02 per unit of risk.

Principal Preferred Current Valuation

Not valued
August 16, 2018
1,562
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 ¥1562.03. 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 = 0.2374
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Principal Preferred Relative Performance Indicators

Estimated Market Risk
 0.18
  actual daily
 
 99 %
of total potential
  
Expected Return
 0.04
  actual daily
 
 1 %
of total potential
  
Risk-Adjusted Return
 0.24
  actual daily
 
 15 %
of total potential
  
Based on monthly moving average Principal Preferred is performing at about 15% 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.

Performance Rating

Principal Preferred Secs I JPY Hdg Acc Risk Adjusted Performance Analysis
15 

Risk-Adjusted Fund Performance

Compared to the overall equity markets, risk-adjusted returns on investments in Principal Preferred Secs I JPY Hdg Acc are ranked lower than 15 (%) of all funds and portfolios of funds over the last 30 days.

Principal Preferred Alerts

Equity Alerts and Improvement Suggestions
The fund retains about 61.6% of its assets under management (AUM) in fixed income securities
Please also check Risk vs Return Analysis. Please also try Piotroski F Score module to get piotroski f score based on binary analysis strategy of nine different fundamentals.