Principal Spectrum Preferred Etf Performance
| PREF Etf | USD 18.94 0.02 0.11% |
The etf holds a Beta of 0.0132, which implies not very significant fluctuations relative to the market. As returns on the market increase, Principal Spectrum's returns are expected to increase less than the market. However, during the bear market, the loss of holding Principal Spectrum is expected to be smaller as well.
Risk-Adjusted Performance
Very Strong
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Principal Spectrum Preferred are ranked lower than 33 (%) of all global equities and portfolios over the last 90 days. Despite nearly stable technical and fundamental indicators, Principal Spectrum is not utilizing all of its potentials. The current stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
| In Threey Sharp Ratio | 0.47 |
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Principal Spectrum Relative Risk vs. Return Landscape
If you would invest 1,828 in Principal Spectrum Preferred on April 30, 2025 and sell it today you would earn a total of 66.50 from holding Principal Spectrum Preferred or generate 3.64% return on investment over 90 days. Principal Spectrum Preferred is currently generating 0.0577% in daily expected returns and assumes 0.1355% risk (volatility on return distribution) over the 90 days horizon. In different words, 1% of etfs are less volatile than Principal, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Principal Spectrum Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Principal Spectrum's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Principal Spectrum Preferred, and traders can use it to determine the average amount a Principal Spectrum's 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 = 0.4259
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| Cash | PREF | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.14 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.43 actual daily | 33 67% of assets perform better |
Based on monthly moving average Principal Spectrum is performing at about 33% 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 Spectrum by adding it to a well-diversified portfolio.
Principal Spectrum Fundamentals Growth
Principal Etf prices reflect investors' perceptions of the future prospects and financial health of Principal Spectrum, and Principal Spectrum fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Principal Etf performance.
| Total Asset | 334.29 M | |||
About Principal Spectrum Performance
By analyzing Principal Spectrum's fundamental ratios, stakeholders can gain valuable insights into Principal Spectrum's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Principal Spectrum has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Principal Spectrum has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Under normal circumstances, the fund invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in preferred securities at the time of purchase. Principal Spectrum is traded on NYSEARCA Exchange in the United States.| Principal is showing solid risk-adjusted performance over 90 days | |
| The fund maintains about 15.55% of its assets in bonds |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Principal Spectrum Preferred. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
The market value of Principal Spectrum is measured differently than its book value, which is the value of Principal that is recorded on the company's balance sheet. Investors also form their own opinion of Principal Spectrum's value that differs from its market value or its book value, called intrinsic value, which is Principal Spectrum's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Principal Spectrum's market value can be influenced by many factors that don't directly affect Principal Spectrum's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Principal Spectrum's value and its price as these two are different measures arrived at by different means. Investors typically determine if Principal Spectrum is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Principal Spectrum's 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.