Principal Stock Market Value

PFG
 Stock
  

USD 68.22  0.24  0.35%   

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 Hype Analysis, Principal Financial Correlation, Principal Financial Valuation, Principal Financial Volatility, as well as analyze Principal Financial Alpha and Beta and Principal Financial Performance.
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
-0.23
Market Capitalization
17.2 B
Quarterly Revenue Growth YOY
-0.031
Return On Assets
0.004
Return On Equity
0.12
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
08/18/2020
No Change 0.00  0.0 
In 1 year 11 months and 21 days
08/08/2022
0.00
If you would invest  0.00  in Principal Financial on August 18, 2020 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 720 days. Principal Financial is related to or competes with State Street, Northern Trust, Charles Schwab, SLM Corp, Starbucks Corp, International Business, and Dupont Denemours. 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
66.2968.2270.15
Details
Intrinsic
Valuation
LowReal ValueHigh
61.4070.1772.10
Details
8 Analysts
Consensus
LowTarget PriceHigh
63.0072.8883.00
Details
Earnings
Estimates (4)
LowProjected EPSHigh
6.506.546.57
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

We consider Principal Financial very steady. Principal Financial maintains Sharpe Ratio (i.e., Efficiency) of 0.006, which implies the firm had 0.006% 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-one technical indicators for Principal Financial, which you can use to evaluate the future volatility of the company. Please check Principal Financial coefficient of variation of (100,336), and Risk Adjusted Performance of 0.002 to confirm if the risk estimate we provide is consistent with the expected return of 0.0118%.
The company holds a Beta of 1.261, 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 Financial will likely underperform. Although it is important to respect Principal Financial current trending patterns, it is better to be realistic regarding the information on the equity's 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 0.0118% will be sustainable into the future. Principal Financial right now holds a risk of 1.96%. Please check Principal Financial information ratio, as well as the relationship between the value at risk and expected short fall to decide if Principal Financial will be following its historical price patterns.

Auto-correlation

    
  0.36  

Below average predictability

Principal Financial Group has below average predictability. Overlapping area represents the amount of predictability between Principal Financial time series from 18th of August 2020 to 13th of August 2021 and 13th of August 2021 to 8th of August 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 0.36 indicates that just about 36.0% of current Principal Financial price fluctuation can be explain by its past prices.
Correlation Coefficient0.36
Spearman Rank Test0.23
Residual Average0.0
Price Variance13.64

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   
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       Timeline  

Be your own money manager

Our tools can tell you how much better you can do entering a position in Principal Financial without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Please check Principal Financial Hype Analysis, Principal Financial Correlation, Principal Financial Valuation, Principal Financial Volatility, as well as analyze Principal Financial Alpha and Beta and 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 ETF Directory module to find actively traded Exchange Traded Funds (ETF) from around the world.

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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...