PGE Competitors
| PCG Stock | USD 17.69 0.59 3.45% |
PGE Corp vs CMS Energy Correlation
Very weak diversification
The correlation between PGE Corp and CMS is 0.51 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding PGE Corp and CMS in the same portfolio, assuming nothing else is changed.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of PGE Corp'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.
PGE Corp Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between PGE Corp and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of PGE and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of PGE Corp does not affect the price movement of the other competitor.
Risk-Adjusted Indicators
There is a big difference between PGE Stock performing well and PGE Corp Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze PGE Corp's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ED | 0.84 | 0.23 | 0.10 | (0.54) | 0.90 | 1.91 | 4.62 | |||
| WEC | 0.62 | 0.04 | (0.07) | 10.91 | 0.78 | 1.33 | 4.32 | |||
| PEG | 0.80 | 0.02 | (0.05) | 0.23 | 1.01 | 1.61 | 4.66 | |||
| DTE | 0.74 | 0.06 | (0.02) | 0.45 | 1.03 | 1.74 | 4.73 | |||
| AEE | 0.72 | 0.05 | (0.03) | 0.34 | 0.95 | 1.46 | 5.74 | |||
| FE | 0.68 | 0.10 | 0.00 | (1.36) | 0.84 | 1.60 | 4.07 | |||
| ETR | 0.87 | 0.05 | (0.01) | 0.20 | 1.08 | 1.90 | 4.91 | |||
| FTS | 0.65 | 0.12 | 0.02 | (0.56) | 0.60 | 1.35 | 4.38 | |||
| PPL | 0.83 | (0.02) | 0.00 | (0.11) | 0.00 | 1.57 | 4.62 | |||
| CMS | 0.76 | 0.04 | (0.04) | 0.50 | 1.01 | 1.32 | 5.00 |
Cross Equities Net Income Analysis
Compare PGE Corp and related stocks such as Consolidated Edison, WEC Energy Group, and Public Service Enterprise Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ED | 563.7 M | 1.1 B | 1.1 B | 1.1 B | 1.1 B | 1.2 B | 1.2 B | 1.5 B | 1.4 B | 1.3 B | 1.1 B | 1.3 B | 1.7 B | 2.5 B | 1.8 B | 2.1 B | 2.2 B |
| WEC | 167.5 M | 526.2 M | 546.3 M | 577.4 M | 588.3 M | 640.3 M | 940.2 M | 1.2 B | 1.1 B | 1.1 B | 1.2 B | 1.3 B | 1.4 B | 1.3 B | 1.5 B | 1.6 B | 1.6 B |
| PEG | 544.6 M | 1.5 B | 1.3 B | 1.2 B | 1.5 B | 1.7 B | 887 M | 1.6 B | 1.4 B | 1.7 B | 1.9 B | (648 M) | 1 B | 2.6 B | 1.8 B | 2 B | 1 B |
| DTE | 437.5 M | 711 M | 610 M | 661 M | 905 M | 727 M | 868 M | 1.1 B | 1.1 B | 1.2 B | 1.4 B | 907 M | 1.1 B | 1.4 B | 1.4 B | 1.6 B | 1.7 B |
| AEE | 334.7 M | 519 M | (974 M) | 289 M | 586 M | 630 M | 653 M | 523 M | 815 M | 828 M | 871 M | 990 M | 1.1 B | 1.2 B | 1.2 B | 1.4 B | 1.4 B |
| FE | 305.8 M | 885 M | 770 M | 392 M | 299 M | 578 M | (6.2 B) | (1.7 B) | 1.3 B | 912 M | 1.1 B | 1.3 B | 406 M | 1.1 B | 978 M | 880.2 M | 924.2 M |
| ETR | 401 M | 1.4 B | 868.4 M | 730.6 M | 960.3 M | (156.7 M) | (564.5 M) | 425.4 M | 862.6 M | 1.3 B | 1.4 B | 1.1 B | 1.1 B | 2.4 B | 1.1 B | 1.2 B | 818 M |
| FTS | 35 M | 357 M | 362 M | 410 M | 379 M | 805 M | 660 M | 1 B | 1.2 B | 1.7 B | 1.3 B | 1.3 B | 1.4 B | 1.6 B | 1.7 B | 1.9 B | 2 B |
| PPL | 290.6 M | 1.5 B | 1.5 B | 1.1 B | 1.7 B | 682 M | 1.9 B | 1.1 B | 1.8 B | 1.7 B | 1.5 B | (1.5 B) | 756 M | 740 M | 888 M | 1 B | 750 M |
| CMS | (269.8 M) | 415 M | 382 M | 452 M | 477 M | 523 M | 551 M | 460 M | 657 M | 680 M | 755 M | 1.4 B | 837 M | 887 M | 1 B | 1.1 B | 1.1 B |
PGE Corp and related stocks such as Consolidated Edison, WEC Energy Group, and Public Service Enterprise Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in PGE Corp financial statement analysis. It represents the amount of money remaining after all of PGE Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.PGE Corp Competitive Analysis
The better you understand PGE Corp competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, PGE Corp's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across PGE Corp's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
PGE Corp Competition Performance Charts
Five steps to successful analysis of PGE Corp Competition
PGE Corp's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by PGE Corp in relation to its competition. PGE Corp's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of PGE Corp in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact PGE Corp's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to PGE Corp, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
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Check out PGE Corp Correlation with its peers. For more detail on how to invest in PGE Stock please use our How to Invest in PGE Corp guide.You can also try the 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.
Can Electric Utilities industry sustain growth momentum? Does PGE have expansion opportunities? Factors like these will boost the valuation of PGE Corp. Anticipated expansion of PGE directly elevates investor willingness to pay premium valuations. Determining accurate worth demands scrutiny of both present operating results and projected expansion capacity. Evaluating PGE Corp demands reviewing these metrics collectively while recognizing certain factors exert disproportionate influence.
Quarterly Earnings Growth 0.378 | Dividend Share 0.1 | Earnings Share 1.19 | Revenue Per Share | Quarterly Revenue Growth 0.052 |
Understanding PGE Corp requires distinguishing between market price and book value, where the latter reflects PGE's accounting equity. The concept of intrinsic value - what PGE Corp's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. Market sentiment, economic cycles, and investor behavior can push PGE Corp's price substantially above or below its fundamental value.
It's important to distinguish between PGE Corp's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding PGE Corp should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, PGE Corp's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.