Principal Preferred (Ireland) Probability of Target Price Finishing Over Current Price

    F000005N3U -- Ireland Fund  

    USD 11.33  0.00  0.00%

    Principal Preferred probability of target price tool provides mechanism to make assumptions about upside and downside potential of Principal Preferred Secs D USD performance during a given time horizon utilizing its historical volatility. Please specify Principal Preferred time horizon, a valid symbol (red box) and a target price (blue box) you would like Principal Preferred odds to be computed. Additionally see Investing Opportunities.
    Horizon     30 Days    Login   to change
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    Principal Preferred Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     11.33 30 days 11.33  ABOUT 81.16%
    Based on normal probability distribution, the odds of Principal Preferred to move above current price in 30 days from now is about 81.16% (This Principal Preferred Secs D USD probability density function shows the probability of Principal Preferred Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Principal Preferred has beta of 0.0829 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 D USD will be expected to be much smaller as well. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. Principal Preferred is significantly underperforming DOW.
     Principal Preferred Price Density 
          Price 
    α
    Alpha over DOW
    =0.77
    β
    Beta against DOW=0.08
    σ
    Overall volatility
    =0.26
    Ir
    Information ratio =0.69

    Principal Preferred Alerts

    Principal Preferred Alerts and Suggestions

    Principal Preferred is not yet fully synchronised with the market data
    The fund retains about 61.6% of its assets under management (AUM) in fixed income securities

    Price Density Drivers

    Principal Preferred Health Indicators

    Additionally see Investing Opportunities. Please also try Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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