Principal Stock Market Value

PFG
 Stock
  

USD 90.92  1.24  1.38%   

Principal Financial's market value is the price at which a share of Principal Financial stock trades on a public exchange. It measures the collective expectations of Principal Financial Group investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Principal Financial Group and determine expected loss or profit from investing in Principal Financial over a given investment horizon. Please check Principal Financial Correlation, Principal Financial Volatility and Principal Financial Alpha and Beta module to complement your research on Principal Financial.
Symbol


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.
Quarterly Earnings Growth YOY
3.17
Market Capitalization
22 B
Quarterly Revenue Growth YOY
0.34
Return On Assets
0.0143
Return On Equity
0.41
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.

Principal Financial 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Principal Financial's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Principal Financial.
0.00
10/02/2022
No Change 0.00  0.0 
In 2 months and 2 days
12/01/2022
0.00
If you would invest  0.00  in Principal Financial on October 2, 2022 and sell it all today you would earn a total of 0.00 from holding Principal Financial Group or generate 0.0% return on investment in Principal Financial over 60 days. Principal Financial is related to or competes with Verizon Communications. Principal Financial Group, Inc. provides retirement, asset management, and insurance products and services to businesses... More

Principal Financial Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Principal Financial's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Principal Financial Group upside and downside potential and time the market with a certain degree of confidence.

Principal Financial Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Principal Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Principal Financial's standard deviation. In reality, there are many statistical measures that can use Principal Financial historical prices to predict the future Principal Financial's volatility.
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
90.0092.0894.16
Details
Intrinsic
Valuation
LowReal ValueHigh
85.8787.9599.88
Details
Naive
Forecast
LowNext ValueHigh
86.2388.3190.39
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 Backtested Returns

Principal Financial appears to be very steady, given 3 months investment horizon. Principal Financial maintains Sharpe Ratio (i.e., Efficiency) of 0.17, which implies the firm had 0.17% of return per unit of risk over the last 3 months. Our standpoint towards forecasting the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for Principal Financial, which you can use to evaluate the future volatility of the company. Please evaluate Principal Financial's Risk Adjusted Performance of 0.2144, coefficient of variation of 703.32, and Semi Deviation of 1.36 to confirm if our risk estimates are consistent with your expectations.
On a scale of 0 to 100, Principal Financial holds a performance score of 12. The company holds a Beta of 1.1317, which implies a somewhat significant risk relative to the market. Let's try to break down what Principal's beta means in this case. Principal Financial returns are very sensitive to returns on the market. As the market goes up or down, Principal Financial is expected to follow. Although it is vital to follow Principal Financial current trending patterns, it is good to be conservative about what you can do with the information regarding equity existing price patterns. The philosophy towards forecasting future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing Principal Financial technical indicators, you can presently evaluate if the expected return of 0.35% will be sustainable into the future. Please employ Principal Financial total risk alpha, expected short fall, market facilitation index, as well as the relationship between the value at risk and daily balance of power to make a quick decision on whether Principal Financial historical price patterns will revert.

Auto-correlation

    
  -0.02  

Very weak reverse predictability

Principal Financial Group has very weak reverse predictability. Overlapping area represents the amount of predictability between Principal Financial time series from 2nd of October 2022 to 1st of November 2022 and 1st of November 2022 to 1st of December 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Principal Financial price movement. The serial correlation of -0.02 indicates that only 2.0% of current Principal Financial price fluctuation can be explain by its past prices.
Correlation Coefficient-0.02
Spearman Rank Test0.06
Residual Average0.0
Price Variance4.38

Principal Financial lagged returns against current returns

Autocorrelation, which is Principal Financial stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Principal Financial's stock expected returns. We can calculate the autocorrelation of Principal Financial returns to help us make a trade decision. For example, suppose you find that Principal Financial stock has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
   Current and Lagged Values   
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       Timeline  

Principal Financial regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Principal Financial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Principal Financial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Principal Financial stock over time.
   Current vs Lagged Prices   
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       Timeline  

Principal Financial Lagged Returns

When evaluating Principal Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Principal Financial stock have on its future price. Principal Financial autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Principal Financial autocorrelation shows the relationship between Principal Financial stock current value and its past values and can show if there is a momentum factor associated with investing in Principal Financial Group.
   Regressed Prices   
Share
       Timeline  

Principal Financial Investors Sentiment

The influence of Principal Financial's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Principal. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Principal Financial's public news can be used to forecast risks associated with investment in Principal. The trend in average sentiment can be used to explain how an investor holding Principal can time the market purely based on public headlines and social activities around Principal Financial Group. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Principal Financial's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Principal Financial's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Principal Financial's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Principal Financial.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Principal Financial in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Principal Financial's short interest history, or implied volatility extrapolated from Principal Financial options trading.

Currently Active Assets on Macroaxis

Please check Principal Financial Correlation, Principal Financial Volatility and Principal Financial Alpha and Beta module to complement your research on Principal Financial. 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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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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Principal Financial technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Principal Financial technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Principal Financial trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...