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PPNMX Principal SmallCap Growth I R3 Forecast, Technical & Fundamental Analysis

Category SmallGrowth
A.I.Advisor
published Highlights

Industry description

The investment seeks long-term growth of capital. Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of companies with small market capitalizations at the time of purchase. The fund may invest up to 30% of the fund's assets using an index sampling strategy designed to match the performance of the Russell 2000® Growth Index.

Market Cap

The average market capitalization across the Principal SmallCap Growth I R3 MF is 16.35B. The market cap for tickers in the group ranges from 2.01B to 59.14B. SMCI holds the highest valuation in this group at 59.14B. The lowest valued company is NEO at 2.01B.

Volume

The average weekly volume growth across all stocks in the Principal SmallCap Growth I R3 MF was 27%. For the same stocks of the MF, the average monthly volume growth was 59% and the average quarterly volume growth was 67%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 81
P/E Growth Rating: 45
Price Growth Rating: 46
SMR Rating: 73
Profit Risk Rating: 51
Seasonality Score: 17 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category SmallGrowth

Profile
Fundamentals
Details
Category
Small Growth
Address
Principal Financial Group711 High StreetDes Moines
Phone
(800) 986-3343
Web
www.principalfunds.com
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PPNMX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, PPNMX has been closely correlated with WCMNX. These tickers have moved in lockstep 92% of the time. This A.I.-generated data suggests there is a high statistical probability that if PPNMX jumps, then WCMNX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To PPNMX
1D Price
Change %
PPNMX100%
+0.72%
WCMNX - PPNMX
92%
Closely correlated
+0.55%
WCMLX - PPNMX
92%
Closely correlated
+0.47%
VSGAX - PPNMX
72%
Closely correlated
+0.76%
VSGIX - PPNMX
72%
Closely correlated
+0.75%
VISGX - PPNMX
72%
Closely correlated
+0.76%
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