Principal Mutual Fund Manager Performance Evaluation

PJARX -  USA Fund  

USD 13.69  0.03  0.22%

The fund holds a Beta of 1.2096, which implies a somewhat significant risk relative to the market. Let's try to break down what Principal's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Principal Fds will likely underperform. Although it is extremely important to respect Principal Fds 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 Fds technical indicators, you can presently evaluate if the expected return of 0.15% will be sustainable into the future.

Principal Mutual Fund Performance 

 Principal Performance
10 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in Principal Fds are ranked lower than 10 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak basic indicators, Principal Fds may actually be approaching a critical reversion point that can send shares even higher in November 2021.
Fifty Two Week Low8.41
Fifty Two Week High14.01
Annual Report Expense Ratio1.51%

Principal Fds Relative Risk vs. Return Landscape

If you would invest  1,247  in Principal Fds on July 19, 2021 and sell it today you would earn a total of  122.00  from holding Principal Fds or generate 9.78% return on investment over 90 days. Principal Fds is currently producing 0.1496% returns and takes up 1.0978% volatility of returns over 90 trading days. Put another way, 9% of traded mutual funds are less volatile than Principal, and 98% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming the 90 days horizon Principal Fds is expected to generate 1.49 times more return on investment than the market. However, the company is 1.49 times more volatile than its market benchmark. It trades about 0.14 of its potential returns per unit of risk. The DOW is currently generating roughly 0.08 per unit of risk.

Principal Fds Current Valuation

Fairly Valued
17th of October 2021
Please note that Principal Fds' price fluctuation is very steady at this time.
Principal Fds holds a recent Real Value of $13.71 per share. The prevailing price of the fund is $13.69. At this time, the fund appears to be fairly valued. We determine the value of Principal Fds from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we support acquiring undervalued entities and dropping overvalued entities since, at some point, stock prices and their ongoing real values will merge together.
Our valuation method for Principal Fds is useful when determining the fair value of the Principal mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of Principal Fds. Since Principal Fds is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Principal Mutual Fund. However, Principal Fds' intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
Real Value
Estimating the potential upside or downside of Principal Fds helps investors to forecast how Principal mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Principal Fds more accurately as focusing exclusively on Principal Fds' fundamentals will not take into account other important factors:
Band Projection (param)
LowerMiddle BandUpper
LowEstimated ValueHigh
Annual Dividend
LowIncome Per ShareHigh

Principal Fds Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Principal Fds' investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Principal Fds, and traders can use it to determine the average amount a Principal Fds' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.1363

Good Returns
Average Returns
Small Returns
Negative Returns
Estimated Market Risk
  actual daily
 9 %
of total potential
Expected Return
  actual daily
 2 %
of total potential
Risk-Adjusted Return
  actual daily
 10 %
of total potential
Based on monthly moving average Principal Fds is performing at about 10% 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 Fds by adding it to a well-diversified portfolio.

About Principal Fds Performance

To evaluate Principal Fds Mutual Fund as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Principal Fds generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Principal Mutual Fund's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Principal Fds stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents Principal's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Under normal circumstances, the fund invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in equity securities of companies with small market capitalizations at the time of purchase. Principal Fds is traded on NASDAQ Exchange in the United States.

Things to note about Principal Fds

Checking the ongoing alerts about Principal Fds for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Principal Fds help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Principal Fds Alerts

Equity Alerts and Improvement Suggestions

Principal Fds generated five year return of -1.0%
This fund maintains 98.03% of its assets in stocks
Please check Your Equity Center. Note that the Principal Fds information on this page should be used as a complementary analysis to other Principal Fds' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

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When running Principal Fds price analysis, check to measure Principal Fds' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Principal Fds is operating at the current time. Most of Principal Fds' value examination focuses on studying past and present price action to predict the probability of Principal Fds' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Principal Fds' price. Additionally, you may evaluate how the addition of Principal Fds to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Principal Fds' value and its price as these two are different measures arrived at by different means. Investors typically determine Principal Fds value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Principal Fds' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.