Portland General Electric Stock Piotroski F Score

POR Stock  USD 47.57  0.03  0.06%   
This module uses fundamental data of Portland General to approximate its Piotroski F score. Portland General F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Portland General Electric. These three categories are profitability, efficiency, and funding. Some research analysts and sophisticated value traders use Piotroski F Score to find opportunities outside of the conventional market and financial statement analysis.They believe that some of the new information about Portland General financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Portland General Altman Z Score, Portland General Correlation, Portland General Valuation, as well as analyze Portland General Alpha and Beta and Portland General Hype Analysis.
  
At this time, Portland General's Short and Long Term Debt Total is relatively stable compared to the past year. As of 11/22/2024, Net Debt is likely to grow to about 4.7 B, while Long Term Debt is likely to drop slightly above 2 B. At this time, Portland General's Interest Coverage is relatively stable compared to the past year. As of 11/22/2024, Payout Ratio is likely to grow to 0.79, while Dividend Yield is likely to drop 0.04.
At this time, it appears that Portland General's Piotroski F Score is Unavailable. Although some professional money managers and academia have recently criticized Piotroski F-Score model, we still consider it an effective method of predicting the state of the financial strength of any organization that is not predisposed to accounting gimmicks and manipulations. Using this score on the criteria to originate an efficient long-term portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
9.0
Piotroski F Score - Unavailable
Current Return On Assets

Positive

Focus
Change in Return on Assets

Increased

Focus
Cash Flow Return on Assets

Positive

Focus
Current Quality of Earnings (accrual)

Improving

Focus
Asset Turnover Growth

Increase

Focus
Current Ratio Change

Increase

Focus
Long Term Debt Over Assets Change

Lower Leverage

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

Increase

Focus

Portland General Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Portland General is to make sure Portland is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Portland General's auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back. Below are the main accounts that are used in the Piotroski F Score model. By analyzing the historical trends of the mains drivers, investors can determine if Portland General's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.02730.0203
Significantly Up
Slightly volatile
Asset Turnover0.40.2608
Way Up
Slightly volatile
Gross Profit Margin0.770.3945
Way Up
Very volatile
Net Debt4.7 B4.4 B
Sufficiently Up
Slightly volatile
Total Current Liabilities672.8 M1.1 B
Way Down
Slightly volatile
Non Current Liabilities Total3.6 B6.8 B
Way Down
Slightly volatile
Total Assets6.2 B11.2 B
Way Down
Slightly volatile
Total Current Assets652.5 M935 M
Way Down
Slightly volatile
Total Cash From Operating Activities434.2 M420 M
Sufficiently Up
Slightly volatile

Portland General Electric F Score Driver Matrix

One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to project the various growth rates. Understanding the correlation between Portland General's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Portland General in a much-optimized way.

About Portland General Piotroski F Score

F-Score is one of many stock grading techniques developed by Joseph Piotroski, a professor of accounting at the Stanford University Graduate School of Business. It was published in 2002 under the paper titled Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers. Piotroski F Score is based on binary analysis strategy in which stocks are given one point for passing 9 very simple fundamental tests, and zero point otherwise. According to Mr. Piotroski's analysis, his F-Score binary model can help to predict the performance of low price-to-book stocks.

Common Stock Shares Outstanding

79.59 Million

At this time, Portland General's Common Stock Shares Outstanding is relatively stable compared to the past year.

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

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

  0.61D Dominion EnergyPairCorr
  0.74ED Consolidated EdisonPairCorr
  0.68FE FirstEnergyPairCorr

Moving against Portland Stock

  0.41VSTE Vast RenewablesPairCorr
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.
Pair CorrelationCorrelation Matching

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.