Pge Corp Stock Market Value
| PCG Stock | USD 21.23 0.13 0.62% |
| Symbol | PGE |
PGE Corp Price To Book Ratio
Is Electric Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of PGE Corp. If investors know PGE will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about PGE Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.685 | Dividend Share 0.04 | Earnings Share 1.28 | Revenue Per Share 11.628 | Quarterly Revenue Growth 0.009 |
The market value of PGE Corp is measured differently than its book value, which is the value of PGE that is recorded on the company's balance sheet. Investors also form their own opinion of PGE Corp's value that differs from its market value or its book value, called intrinsic value, which is PGE Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because PGE Corp's market value can be influenced by many factors that don't directly affect PGE Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between PGE Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if PGE Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PGE Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
PGE Corp 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to PGE Corp's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of PGE Corp.
| 05/26/2024 |
| 11/22/2024 |
If you would invest 0.00 in PGE Corp on May 26, 2024 and sell it all today you would earn a total of 0.00 from holding PGE Corp or generate 0.0% return on investment in PGE Corp over 180 days. PGE Corp is related to or competes with Consolidated Edison, Southern, Entergy, Pinnacle West, FirstEnergy, Duke Energy, and Dominion Energy. PGE Corporation, through its subsidiary, Pacific Gas and Electric Company, engages in the sale and delivery of electrici... More
PGE Corp Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure PGE Corp's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess PGE Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.16 | |||
| Information Ratio | 0.0885 | |||
| Maximum Drawdown | 6.12 | |||
| Value At Risk | (1.76) | |||
| Potential Upside | 2.45 |
PGE Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PGE Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PGE Corp's standard deviation. In reality, there are many statistical measures that can use PGE Corp historical prices to predict the future PGE Corp's volatility.| Risk Adjusted Performance | 0.1333 | |||
| Jensen Alpha | 0.1599 | |||
| Total Risk Alpha | 0.0571 | |||
| Sortino Ratio | 0.0866 | |||
| Treynor Ratio | 0.6089 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of PGE Corp's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
PGE Corp Backtested Returns
At this point, PGE Corp is very steady. PGE Corp maintains Sharpe Ratio (i.e., Efficiency) of 0.16, which implies the firm had a 0.16% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for PGE Corp, which you can use to evaluate the volatility of the company. Please check PGE Corp's Semi Deviation of 0.8696, risk adjusted performance of 0.1333, and Mean Deviation of 0.8074 to confirm if the risk estimate we provide is consistent with the expected return of 0.18%. PGE Corp has a performance score of 12 on a scale of 0 to 100. The company holds a Beta of 0.31, which implies possible diversification benefits within a given portfolio. As returns on the market increase, PGE Corp's returns are expected to increase less than the market. However, during the bear market, the loss of holding PGE Corp is expected to be smaller as well. PGE Corp now holds a risk of 1.15%. Please check PGE Corp jensen alpha, semi variance, day typical price, as well as the relationship between the maximum drawdown and accumulation distribution , to decide if PGE Corp will be following its historical price patterns.
Auto-correlation | 0.52 |
Modest predictability
PGE Corp has modest predictability. Overlapping area represents the amount of predictability between PGE Corp time series from 26th of May 2024 to 24th of August 2024 and 24th of August 2024 to 22nd of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of PGE Corp price movement. The serial correlation of 0.52 indicates that about 52.0% of current PGE Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.52 | |
| Spearman Rank Test | 0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 0.31 |
PGE Corp lagged returns against current returns
Autocorrelation, which is PGE Corp stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting PGE Corp's stock expected returns. We can calculate the autocorrelation of PGE Corp returns to help us make a trade decision. For example, suppose you find that PGE Corp has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
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PGE Corp regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If PGE Corp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PGE Corp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PGE Corp stock over time.
Current vs Lagged Prices |
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PGE Corp Lagged Returns
When evaluating PGE Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PGE Corp stock have on its future price. PGE Corp autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, PGE Corp autocorrelation shows the relationship between PGE Corp stock current value and its past values and can show if there is a momentum factor associated with investing in PGE Corp.
Regressed Prices |
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Currently Active Assets on Macroaxis
When determining whether PGE Corp is a strong investment it is important to analyze PGE Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact PGE Corp's future performance. For an informed investment choice regarding PGE Stock, refer to the following important reports:Check out PGE Corp Correlation, PGE Corp Volatility and PGE Corp Alpha and Beta module to complement your research on PGE Corp. For more detail on how to invest in PGE Stock please use our How to Invest in PGE Corp guide.You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
PGE Corp technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.