Pacific Gas Preferred Stock Forecast - 20 Period Moving Average
PCG-PI Preferred Stock | USD 17.25 0.00 0.00% |
The 20 Period Moving Average forecasted value of Pacific Gas and on the next trading day is expected to be 17.75 with a mean absolute deviation of 0.60 and the sum of the absolute errors of 24.73. Pacific Preferred Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Pacific Gas' historical fundamentals, such as revenue growth or operating cash flow patterns.
Pacific |
Pacific Gas 20 Period Moving Average Price Forecast For the 30th of November
Given 90 days horizon, the 20 Period Moving Average forecasted value of Pacific Gas and on the next trading day is expected to be 17.75 with a mean absolute deviation of 0.60, mean absolute percentage error of 0.55, and the sum of the absolute errors of 24.73.Please note that although there have been many attempts to predict Pacific Preferred Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Pacific Gas' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Pacific Gas Preferred Stock Forecast Pattern
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Model Predictive Factors
The below table displays some essential indicators generated by the model showing the 20 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Pacific Gas preferred stock data series using in forecasting. Note that when a statistical model is used to represent Pacific Gas preferred stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.AIC | Akaike Information Criteria | 80.7551 |
Bias | Arithmetic mean of the errors | -0.4475 |
MAD | Mean absolute deviation | 0.6033 |
MAPE | Mean absolute percentage error | 0.0346 |
SAE | Sum of the absolute errors | 24.734 |
Predictive Modules for Pacific Gas
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Pacific Gas. Regardless of method or technology, however, to accurately forecast the preferred stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the preferred stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Pacific Gas 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 Pacific Gas preferred stock to make a market-neutral strategy. Peer analysis of Pacific Gas could also be used in its relative valuation, which is a method of valuing Pacific Gas by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Pacific Gas Market Strength Events
Market strength indicators help investors to evaluate how Pacific Gas preferred stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Pacific Gas shares will generate the highest return on investment. By undertsting and applying Pacific Gas preferred stock market strength indicators, traders can identify Pacific Gas and entry and exit signals to maximize returns.
Pacific Gas Risk Indicators
The analysis of Pacific Gas' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Pacific Gas' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting pacific preferred stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Mean Deviation | 1.91 | |||
Semi Deviation | 2.6 | |||
Standard Deviation | 2.71 | |||
Variance | 7.35 | |||
Downside Variance | 8.43 | |||
Semi Variance | 6.78 | |||
Expected Short fall | (1.98) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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Other Information on Investing in Pacific Preferred Stock
Pacific Gas financial ratios help investors to determine whether Pacific Preferred Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Pacific with respect to the benefits of owning Pacific Gas security.