|Horizon||30 Days Login to change|
Principal Preferred Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds 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
|Alpha over DOW||=||0.77|
|Beta against DOW||=||0.08|