PRINCIPAL FINANCIAL GROUP INC

43.62 +0.37 (+0.86%) Sell

Want to invest in PFG? Consider as it is looking better than most other alternatives

13 min read

PRINCIPAL FINANCIAL GROUP INC delivered good returns today. It grew by +0.86% to close at 43.62. It's recent 5 day performance has been +1.1%, +1.69%, -2.0%, -3.31% and -1.4%.

[Themes containing PFG]

PFG showed a strong down trend over the last 3 months. During this period PFG returned -23.41% and saw a maximum drawdown of -30.63%. There were 2 short signals during this period that returned a cumulative of +14.36% to investors.

Trend

PFG has been underperforming the SP500 index in recent time, after having outperformed till 29 Nov, 2017. Over the last 2 years 11 months and 10 days, PFG underperformed the SP500 index on 46% days. Which indicates that on days PFG underperforms the SP500 index, it's performance is marginally worse than on the days it outperforms the SP500 index.

During the last three months PFG was mostly loss making and delivered on average -0.4% per day. It's best return during this period (of +3.03%) was on Wednesday, 28 Nov, 2018. While it's worst loss in the same period (of -6.98%) was on Friday, 26 Oct, 2018. There was initially a bullish trend during this period which started on 17 Sep, 2018 and went on till 21 Sep, 2018. The bullish trend returned +4.47% to investors. This was followed by a bearish trend that started on 29 Nov, 2018 and ended on 11 Dec, 2018. This bearish trend lost -17.71% of investor capital.

On monthly basis, PFG delivered losses in more months over the last year, than profits. PFG delivered profits less regularly than SP500 index. PFG was also a more risky investment than SP500 index as it's worst month in the last year, Oct 2018, returned -19.68% compared to -7.28% returned by SP500 index in Oct 2018. PFG had a longer winning streak of losing months than SP500 index. It went down in 6 straight months (from Jan 2018 to Jun 2018) during which period it delivered -25.26%. It is interesting to note that both PFG and SP500 index significantly outperform during months when quarterly/annual results are announced.

I believe in capitalism for everybody, not necessarily high finance but capitalism that works for the working men and women of this country who are out there paddling alone in America right now.
-- Rick Santorum

PFG is becoming more volatile overall. In comparison, the SP500 index is seeing a rise in volatility. During the last three months, there was a significant surge in PFG's volatility from 17 Sep, 2018 to 29 Oct, 2018. While there was a significant surge in the SP500 index's volatility from 25 Sep, 2018 to 29 Oct, 2018.

Advanced/professional short-term investors should note that PFG has significant positive skewness in it's return distribution. This indicates that investors can expect PFG to recover from drawdowns quickly. Which makes PFG a good candidate for investing on short-term bullish trends or even counter-trends hoping for a pull-back.

SP500 index has more chance of extreme outcomes than PFG. Therefore, SP500 must receive a lower allocation than PFG in your portfolio. PFG usually has shorter drawdown period than the SP500 index.

On a general note (since you are interested in PFG), NFEC has performed really well this year and deserves to be closely tracked for investment opportunities.

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