Principal Lifetime 2030 Fund Market Value

PMTIX Fund  USD 13.75  0.08  0.59%   
Principal Lifetime's market value is the price at which a share of Principal Lifetime trades on a public exchange. It measures the collective expectations of Principal Lifetime 2030 investors about its performance. Principal Lifetime is trading at 13.75 as of the 28th of April 2024; that is 0.59 percent up since the beginning of the trading day. The fund's open price was 13.67.
With this module, you can estimate the performance of a buy and hold strategy of Principal Lifetime 2030 and determine expected loss or profit from investing in Principal Lifetime over a given investment horizon. Check out Principal Lifetime Correlation, Principal Lifetime Volatility and Principal Lifetime Alpha and Beta module to complement your research on Principal Lifetime.
Symbol

Please note, there is a significant difference between Principal Lifetime's value and its price as these two are different measures arrived at by different means. Investors typically determine if Principal Lifetime is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Principal Lifetime'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 Lifetime '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 Lifetime's mutual fund 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 Lifetime.
0.00
06/08/2022
No Change 0.00  0.0 
In 1 year 10 months and 22 days
04/28/2024
0.00
If you would invest  0.00  in Principal Lifetime on June 8, 2022 and sell it all today you would earn a total of 0.00 from holding Principal Lifetime 2030 or generate 0.0% return on investment in Principal Lifetime over 690 days. Principal Lifetime is related to or competes with Strategic Asset, Strategic Asset, Strategic Asset, Strategic Asset, Strategic Asset, International Equity, and Strategic Asset. The fund operates as a target date fund that invests according to an asset allocation strategy designed for investors ha... More

Principal Lifetime 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 Lifetime's mutual fund 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 Lifetime 2030 upside and downside potential and time the market with a certain degree of confidence.

Principal Lifetime Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Principal Lifetime's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Principal Lifetime's standard deviation. In reality, there are many statistical measures that can use Principal Lifetime historical prices to predict the future Principal Lifetime's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Principal Lifetime'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.
Hype
Prediction
LowEstimatedHigh
13.2713.7514.23
Details
Intrinsic
Valuation
LowRealHigh
13.2813.7614.24
Details
Naive
Forecast
LowNextHigh
13.3513.8314.31
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
13.4713.6813.90
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Principal Lifetime. Your research has to be compared to or analyzed against Principal Lifetime's peers to derive any actionable benefits. When done correctly, Principal Lifetime's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Principal Lifetime 2030.

Principal Lifetime 2030 Backtested Returns

We consider Principal Lifetime very steady. Principal Lifetime 2030 maintains Sharpe Ratio (i.e., Efficiency) of 0.0452, which implies the entity had a 0.0452% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Principal Lifetime 2030, which you can use to evaluate the volatility of the fund. Please check Principal Lifetime's Semi Deviation of 0.4288, risk adjusted performance of 0.0477, and Coefficient Of Variation of 1233.03 to confirm if the risk estimate we provide is consistent with the expected return of 0.0217%. The fund holds a Beta of 0.73, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Principal Lifetime's returns are expected to increase less than the market. However, during the bear market, the loss of holding Principal Lifetime is expected to be smaller as well.

Auto-correlation

    
  0.66  

Good predictability

Principal Lifetime 2030 has good predictability. Overlapping area represents the amount of predictability between Principal Lifetime time series from 8th of June 2022 to 19th of May 2023 and 19th of May 2023 to 28th of April 2024. 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 Lifetime 2030 price movement. The serial correlation of 0.66 indicates that around 66.0% of current Principal Lifetime price fluctuation can be explain by its past prices.
Correlation Coefficient0.66
Spearman Rank Test0.39
Residual Average0.0
Price Variance0.36

Principal Lifetime 2030 lagged returns against current returns

Autocorrelation, which is Principal Lifetime mutual fund'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 Lifetime's mutual fund expected returns. We can calculate the autocorrelation of Principal Lifetime returns to help us make a trade decision. For example, suppose you find that Principal Lifetime has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

Principal Lifetime 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 Lifetime mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Principal Lifetime mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Principal Lifetime mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Principal Lifetime Lagged Returns

When evaluating Principal Lifetime's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Principal Lifetime mutual fund have on its future price. Principal Lifetime 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 Lifetime autocorrelation shows the relationship between Principal Lifetime mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Principal Lifetime 2030.
   Regressed Prices   
       Timeline  

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 Lifetime 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 Lifetime's short interest history, or implied volatility extrapolated from Principal Lifetime options trading.

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Check out Principal Lifetime Correlation, Principal Lifetime Volatility and Principal Lifetime Alpha and Beta module to complement your research on Principal Lifetime.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Principal Lifetime technical mutual fund 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, fund market cycles, or different charting patterns.
A focus of Principal Lifetime technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Principal Lifetime 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...