PacifiCorp Correlations

PPWLO Stock

USD 153.45 0.00 0.00%

The current 90-days correlation between PacifiCorp and Fair Isaac is -0.04 (i.e., Good diversification). 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

Significant diversification

The correlation between PacifiCorp and DJI is 0.02 (i.e., Significant 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.

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

0.69	PPWLM	PacifiCorp Trending	Pair Corr
0.64	MUFG	Mitsubishi UFJ Financial Earnings Call This Week	Pair Corr
0.63	MBFJF	Mitsubishi UFJ Financial Earnings Call This Week	Pair Corr
0.67	MFG	Mizuho Financial Earnings Call Today	Pair Corr
0.76	EXCH	Exchange Bankshares	Pair Corr
0.69	CSCO	Cisco Systems	Pair Corr
0.7	AXP	American Express	Pair Corr

Moving against PacifiCorp Pink Sheet

0.73	ENLAY	ENEL Societa per	Pair Corr
0.68	ESOCF	Enel SpA	Pair Corr
0.65	IBDSF	Iberdrola SA	Pair Corr
0.61	IBDRY	Iberdrola SA	Pair Corr
0.59	SHG	Shinhan Financial Earnings Call This Week	Pair Corr
0.49	ENGQF	Engie SA	Pair Corr
0.41	KB	KB Financial Group Earnings Call This Week	Pair Corr
0.37	BTCM	BIT Mining	Pair Corr
0.73	DD	Dupont De Nemours Earnings Call This Week	Pair Corr
0.69	KO	Coca Cola Earnings Call This Week	Pair Corr
0.58	HPQ	HP Inc	Pair Corr
0.57	MCD	McDonalds Earnings Call This Week	Pair Corr
0.49	XOM	Exxon Mobil Corp Earnings Call Today	Pair Corr
0.46	VZ	Verizon Communications	Pair Corr
0.36	INTC	Intel	Pair Corr

Related Correlations Analysis

	DINO	FICO	PVARF	ALTR	NI	DAL	SPH
DINO		0.67	-0.59	-0.77	-0.06	-0.13	0.24	DINO
FICO	0.67		-0.79	-0.68	0.23	0.03	-0.04	FICO
PVARF	-0.59	-0.79		0.6	-0.28	-0.06	-0.1	PVARF
ALTR	-0.77	-0.68	0.6		0.27	0.37	0.13	ALTR
NI	-0.06	0.23	-0.28	0.27		0.76	0.4	NI
DAL	-0.13	0.03	-0.06	0.37	0.76		0.51	DAL
SPH	0.24	-0.04	-0.1	0.13	0.4	0.51		SPH
	DINO	FICO	PVARF	ALTR	NI	DAL	SPH

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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

DAL	+ 0.76	NI
FICO	+ 0.67	DINO
ALTR	+ 0.6	PVARF
SPH	+ 0.51	DAL
SPH	+ 0.4	NI
DAL	+ 0.37	ALTR

High negative correlations

PVARF	- 0.79	FICO
ALTR	- 0.77	DINO
ALTR	- 0.68	FICO
PVARF	- 0.59	DINO
NI	- 0.28	PVARF
DAL	- 0.13	DINO

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
DINO	1.47	(0.26)	0.00	(0.43)	0.00	0.00	2.85	(2.97)	10.71
FICO	1.36	(0.15)	0.00	(0.13)	0.00	0.00	4.02	(2.99)	13.28
PVARF	0.28	0.08	0.00	(0.21)	0.00	0.00	0.00	0.00	7.89
ALTR	0.51	0.08	(0.01)	59.15	0.80	(0.52)	0.81	(1.11)	12.77
NI	0.94	0.08	0.02	0.36	1.17	(0.96)	2.08	(2.04)	6.69
DAL	1.65	0.36	0.16	(208.91)	1.45	(2.06)	3.83	(2.91)	11.77
SPH	1.46	0.16	0.05	0.35	2.22	(1.42)	2.73	(1.88)	10.80

Be your own money manager

Our tools can tell you how much better you can do entering a position in PacifiCorp without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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PacifiCorp Corporate Management

Jeffery Erb	Assistant Sec	Profile
William Fehrman	Chairman CEO	Profile
Mark Reis	Co Director	Profile
Nikki Kobliha	CFO, VP	Profile

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