PacifiCorp Correlations
| PPWLMDelisted Stock | USD 193.25 0.00 0.00% |
A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as PacifiCorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PacifiCorp moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
PacifiCorp Correlation With Market
Good diversification
The correlation between PacifiCorp and DJI is -0.05 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding PacifiCorp and DJI in the same portfolio, assuming nothing else is changed.
PacifiCorp |
The ability to find closely correlated positions to PacifiCorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PacifiCorp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back PacifiCorp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling PacifiCorp to buy it.
Moving together with PacifiCorp Pink Sheet
| 0.67 | AMPH | Amphastar P Earnings Call Today | PairCorr |
Moving against PacifiCorp Pink Sheet
| 0.54 | GOOD | Gladstone Commercial | PairCorr |
| 0.52 | SRE | Sempra Energy | PairCorr |
| 0.48 | KNTK | Kinetik Holdings Earnings Call Today | PairCorr |
| 0.46 | ENLAY | ENEL Societa per | PairCorr |
| 0.43 | ENGQF | Engie SA | PairCorr |
| 0.41 | PGZ | Principal Real Estate | PairCorr |
| 0.39 | ESOCF | Enel SpA | PairCorr |
| 0.36 | IBDSF | Iberdrola SA | PairCorr |
| 0.34 | CVLG | Covenant Logistics | PairCorr |
| 0.32 | IBDRY | Iberdrola SA | PairCorr |
| 0.74 | EDRY | EuroDry | PairCorr |
| 0.63 | NFG | National Fuel Gas | PairCorr |
| 0.5 | TR | Tootsie Roll Industries | PairCorr |
| 0.49 | ATXS | Astria Therapeutics Earnings Call Tomorrow | PairCorr |
| 0.46 | XPO | XPO Logistics | PairCorr |
| 0.31 | TTC | Toro Earnings Call Tomorrow | PairCorr |
| 0.79 | GEAHF | Great Eagle Holdings | PairCorr |
| 0.56 | ELEZF | Endesa SA | PairCorr |
| 0.48 | SNAX | Stryve Foods | PairCorr |
| 0.42 | SBGSY | Schneider Electric | PairCorr |
| 0.41 | KSKGF | Kingsgate Consolidated | PairCorr |
| 0.41 | EXR | Extra Space Storage | PairCorr |
Related Correlations Analysis
Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between PacifiCorp Pink Sheet performing well and PacifiCorp 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 PacifiCorp'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ECIFF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| ECIFY | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| AEMMF | 0.71 | 0.35 | 0.00 | (4.79) | 0.00 | 0.00 | 23.81 | |||
| CDUUF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| AEMMY | 0.93 | 0.45 | 0.00 | (0.36) | 0.00 | 0.00 | 34.71 | |||
| HRASF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| NOSPF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| INGXF | 0.77 | 0.07 | 0.02 | (0.63) | 1.43 | 2.89 | 9.89 | |||
| CEZYY | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| CGNWF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
PacifiCorp Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with PacifiCorp pink sheet to make a market-neutral strategy. Peer analysis of PacifiCorp could also be used in its relative valuation, which is a method of valuing PacifiCorp by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
PacifiCorp Corporate Management
| Jeffery Erb | Assistant Sec | Profile | |
| William Fehrman | Chairman CEO | Profile | |
| Mark Reis | Co Director | Profile | |
| Nikki Kobliha | CFO, VP | Profile |
Still Interested in PacifiCorp?
Investing in delisted pink sheets can be risky, as the pink sheet is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.