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

    Principal Preferred probability of target price tool provides mechanism to make assumptions about upside and downside potential of Principal Preferred Secs A EUR Hdg 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
    Symbol:
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    Principal Preferred Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     0.00 30 days 0.00  UNDER 95%
    Based on normal probability distribution, the odds of Principal Preferred to move above current price in 30 days from now is under 95% (This Principal Preferred Secs A EUR Hdg 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 0.0572 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 A EUR Hdg will be expected to be much smaller as well. Additionally Principal Preferred Secs A EUR Hdg has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     Principal Preferred Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.27
    β
    Beta against DOW=0.06
    σ
    Overall volatility
    =3.43
    Ir
    Information ratio =0.16

    Principal Preferred Alerts

    Principal Preferred Alerts and Suggestions

    Principal Preferred is not yet fully synchronised with the market data
    Principal Preferred generates negative expected return over the last 30 days
    Principal Preferred has some characteristics of a very speculative penny stock
    The fund retains about 61.6% of its assets under management (AUM) in fixed income securities
    Additionally see Investing Opportunities. Please also try ETF Directory module to find actively-traded exchange traded funds (etf) from around the world.
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