Portland General Electric Stock Beta
| POR Stock | USD 48.07 0.50 1.05% |
Portland General Electric fundamentals help investors to digest information that contributes to Portland General's financial success or failures. It also enables traders to predict the movement of Portland Stock. The fundamental analysis module provides a way to measure Portland General's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Portland General stock.
Portland | Beta |
Portland General Electric Company Beta Analysis
Portland General's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Portland General Beta | 0.61 |
Most of Portland General's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Portland General Electric is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Portland Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Portland General is extremely important. It helps to project a fair market value of Portland Stock properly, considering its historical fundamentals such as Beta. Since Portland General's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Portland General's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Portland General's interrelated accounts and indicators.
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In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Portland General Electric has a Beta of 0.605. This is 34.44% higher than that of the Electric Utilities sector and significantly higher than that of the Utilities industry. The beta for all United States stocks is notably lower than that of the firm.
Portland Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Portland General's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Portland General could also be used in its relative valuation, which is a method of valuing Portland General by comparing valuation metrics of similar companies.Portland General is currently under evaluation in beta category among its peers.
Portland General ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Portland General's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Portland General's managers, analysts, and investors.Environmental | Governance | Social |
Portland General Institutional Holders
Institutional Holdings refers to the ownership stake in Portland General that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Portland General's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Portland General's value.| Shares | Amvescap Plc. | 2024-06-30 | 1.9 M | Zimmer Partners Lp | 2024-09-30 | 1.8 M | Bank Of New York Mellon Corp | 2024-06-30 | 1.8 M | Channing Capital Management, Llc | 2024-09-30 | 1.7 M | Principal Financial Group Inc | 2024-09-30 | 1.6 M | Dimensional Fund Advisors, Inc. | 2024-09-30 | 1.6 M | Cbre Investment Management Listed Real Assets Llc | 2024-09-30 | 1.4 M | Bank Of America Corp | 2024-06-30 | 1.4 M | Northern Trust Corp | 2024-09-30 | 1.3 M | Blackrock Inc | 2024-06-30 | 13.9 M | Vanguard Group Inc | 2024-09-30 | 11.3 M |
As returns on the market increase, Portland General's returns are expected to increase less than the market. However, during the bear market, the loss of holding Portland General is expected to be smaller as well.
Portland Fundamentals
| Return On Equity | 0.0991 | ||||
| Return On Asset | 0.0306 | ||||
| Profit Margin | 0.10 % | ||||
| Operating Margin | 0.16 % | ||||
| Current Valuation | 9.72 B | ||||
| Shares Outstanding | 105.46 M | ||||
| Shares Owned By Insiders | 0.46 % | ||||
| Shares Owned By Institutions | 99.54 % | ||||
| Number Of Shares Shorted | 3.71 M | ||||
| Price To Earning | 25.47 X | ||||
| Price To Book | 1.38 X | ||||
| Price To Sales | 1.50 X | ||||
| Revenue | 2.92 B | ||||
| Gross Profit | 1.31 B | ||||
| EBITDA | 904 M | ||||
| Net Income | 228 M | ||||
| Cash And Equivalents | 165 M | ||||
| Cash Per Share | 0.20 X | ||||
| Total Debt | 4.44 B | ||||
| Debt To Equity | 1.32 % | ||||
| Current Ratio | 0.76 X | ||||
| Book Value Per Share | 34.42 X | ||||
| Cash Flow From Operations | 420 M | ||||
| Short Ratio | 4.11 X | ||||
| Earnings Per Share | 3.35 X | ||||
| Price To Earnings To Growth | 1.58 X | ||||
| Target Price | 52.35 | ||||
| Number Of Employees | 2.84 K | ||||
| Beta | 0.61 | ||||
| Market Capitalization | 5.02 B | ||||
| Total Asset | 11.21 B | ||||
| Retained Earnings | 1.57 B | ||||
| Working Capital | (177 M) | ||||
| Current Asset | 557 M | ||||
| Current Liabilities | 626 M | ||||
| Annual Yield | 0.04 % | ||||
| Five Year Return | 3.22 % | ||||
| Net Asset | 11.21 B | ||||
| Last Dividend Paid | 1.95 |
About Portland General Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Portland General Electric's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Portland General using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Portland General Electric based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Portland General
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Portland General position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Portland General will appreciate offsetting losses from the drop in the long position's value.Moving together with Portland Stock
Moving against Portland Stock
The ability to find closely correlated positions to Portland General could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Portland General 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 Portland General - 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 Portland General Electric to buy it.
The correlation of Portland General is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Portland General moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Portland General Electric moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Portland General can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Portland Stock Analysis
When running Portland General's price analysis, check to measure Portland General's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Portland General is operating at the current time. Most of Portland General's value examination focuses on studying past and present price action to predict the probability of Portland General's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Portland General's price. Additionally, you may evaluate how the addition of Portland General to your portfolios can decrease your overall portfolio volatility.