Principal Stock Probability of Future Stock Price Finishing Over 68.54

PFG
 Stock
  

USD 72.15  0.73  1.02%   

Principal Financial's future price is the expected price of Principal Financial instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Principal Financial Group performance during a given time horizon utilizing its historical volatility.
  
Principal Financial's implied volatility is one of the determining factors in the pricing options written on Principal Financial Group. Implied volatility approximates the future value of Principal Financial based on the option's current value. Options with high implied volatility have higher premiums and can be used to hedge the downside of investing in Principal Financial Group over a specific time period. For example, 2022-10-21 CALL at $70.0 is a CALL option contract on Principal Financial's common stock with a strick price of 70.0 expiring on 2022-10-21. The contract was last traded on 2022-09-26 at 14:52:40 for $3.9 and, as of today, has 19 days remaining before the expiration. The option is currently trading at a bid price of $3.6, and an ask price of $4.1. The implied volatility as of the 2nd of October is 39.976. View All Principal options

Closest to current price Principal long CALL Option Payoff at Expiration

Please check Principal Financial Backtesting, Principal Financial Valuation, Principal Financial Correlation, Principal Financial Hype Analysis, Principal Financial Volatility, Principal Financial History as well as Principal Financial Performance. Please specify Principal Financial time horizon, a valid symbol (red box) and a target price (blue box) you would like Principal Financial odds to be computed.

Principal Financial Target Price Odds to finish over 68.54

The tendency of Principal Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to stay above $ 68.54  in 90 days
 72.15 90 days 68.54 
about 71.15
Based on a normal probability distribution, the odds of Principal Financial to stay above $ 68.54  in 90 days from now is about 71.15 (This Principal Financial Group probability density function shows the probability of Principal Stock to fall within a particular range of prices over 90 days) . Probability of Principal Financial price to stay between $ 68.54  and its current price of $72.15 at the end of the 90-day period is about 24.47 .
Considering the 90-day investment horizon the stock has the beta coefficient of 1.1 indicating Principal Financial Group market returns are highly-sensitive to returns on the market. As the market goes up or down, Principal Financial is expected to follow. Additionally The company has an alpha of 0.2441, implying that it can generate a 0.24 percent excess return over DOW after adjusting for the inherited market risk (beta).
   Principal Financial Price Density   
       Price  

Predictive Modules for Principal Financial

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Principal Financial. Regardless of method or technology, however, to accurately forecast the stock or bond market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Principal Financial's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Principal Financial in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
70.4972.3174.13
Details
Intrinsic
Valuation
LowReal ValueHigh
64.9478.5380.35
Details
8 Analysts
Consensus
LowTarget PriceHigh
63.0072.8883.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Principal Financial. Your research has to be compared to or analyzed against Principal Financial's peers to derive any actionable benefits. When done correctly, Principal Financial's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Principal Financial.

Principal Financial Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Principal Financial is not an exception. The market had few large corrections towards the Principal Financial's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Principal Financial Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Principal Financial within the framework of very fundamental risk indicators.
α
Alpha over DOW
0.24
β
Beta against DOW1.10
σ
Overall volatility
5.63
Ir
Information ratio 0.13

Principal Financial Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Principal Financial for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Principal Financial can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Over 76.0% of the company shares are owned by institutional investors
On 30th of September 2022 Principal Financial paid $ 0.64 per share dividend to its current shareholders
Latest headline from www.marketbeat.com: Principal U.S. Mega-Cap ETF Short Interest Up 27.3 percent in September - MarketBeat

Principal Financial Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Principal Stock often depends not only on the future outlook of the current and potential Principal Financial's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Principal Financial's indicators that are reflective of the short sentiment are summarized in the table below.
Shares Percent Shares Out3.96%
Trailing Annual Dividend Rate2.24
Short Percent Of Float4.48%
Float Shares251.54M
Average Daily Volume Last 10 Day1.79M
Shares Short Prior Month9.89M
Average Daily Volume In Three Month1.57M
Date Short Interest15th of July 2022
Trailing Annual Dividend Yield3.13%

Principal Financial Technical Analysis

Principal Financial's future price can be derived by breaking down and analyzing its technical indicators over time. Principal Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Principal Financial Group. In general, you should focus on analyzing Principal Stock price patterns and their correlations with different microeconomic environments and drivers.

Principal Financial Predictive Forecast Models

Principal Financial time-series forecasting models is one of many Principal Financial's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Principal Financial's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

Things to note about Principal Financial

Checking the ongoing alerts about Principal Financial for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Principal Financial help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Over 76.0% of the company shares are owned by institutional investors
On 30th of September 2022 Principal Financial paid $ 0.64 per share dividend to its current shareholders
Latest headline from www.marketbeat.com: Principal U.S. Mega-Cap ETF Short Interest Up 27.3 percent in September - MarketBeat
Please check Principal Financial Backtesting, Principal Financial Valuation, Principal Financial Correlation, Principal Financial Hype Analysis, Principal Financial Volatility, Principal Financial History as well as Principal Financial Performance. Note that the Principal Financial information on this page should be used as a complementary analysis to other Principal Financial's 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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

Complementary Tools for Principal Stock analysis

When running Principal Financial price analysis, check to measure Principal Financial's 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 Financial is operating at the current time. Most of Principal Financial's value examination focuses on studying past and present price action to predict the probability of Principal Financial's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Principal Financial's price. Additionally, you may evaluate how the addition of Principal Financial to your portfolios can decrease your overall portfolio volatility.
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Is Principal Financial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Principal Financial. If investors know Principal will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Principal Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Principal Financial 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 Financial's value that differs from its market value or its book value, called intrinsic value, which is Principal Financial'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 Financial's market value can be influenced by many factors that don't directly affect Principal Financial'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 Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine Principal Financial value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Principal Financial'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.