Pacific Gas And Preferred Stock Market Value
| PCG-PG Preferred Stock | USD 19.50 0.19 0.96% |
| Symbol | Pacific |
Pacific Gas '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 Pacific Gas' preferred 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 Pacific Gas.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Pacific Gas on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Pacific Gas and or generate 0.0% return on investment in Pacific Gas over 30 days. Pacific Gas is related to or competes with Nextera Energy, Duke Energy, PGE Corp, Southern, Centrais Elétricas, and Entergy Texas. Pacific Gas and Electric Company generates, transmits, distributes, and sells electricity and natural gas to customers i... More
Pacific Gas 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 Pacific Gas' preferred 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 Pacific Gas and upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.34 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 7.52 | |||
| Value At Risk | (3.00) | |||
| Potential Upside | 2.19 |
Pacific Gas Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pacific Gas' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pacific Gas' standard deviation. In reality, there are many statistical measures that can use Pacific Gas historical prices to predict the future Pacific Gas' volatility.| Risk Adjusted Performance | 0.0518 | |||
| Jensen Alpha | 0.0555 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.2795 |
Pacific Gas Backtested Returns
At this point, Pacific Gas is not too volatile. Pacific Gas maintains Sharpe Ratio (i.e., Efficiency) of 0.0227, which implies the firm had a 0.0227% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Pacific Gas, which you can use to evaluate the volatility of the company. Please check Pacific Gas' Semi Deviation of 1.58, coefficient of variation of 1656.2, and Risk Adjusted Performance of 0.0518 to confirm if the risk estimate we provide is consistent with the expected return of 0.0396%. Pacific Gas has a performance score of 1 on a scale of 0 to 100. The company holds a Beta of 0.34, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Pacific Gas' returns are expected to increase less than the market. However, during the bear market, the loss of holding Pacific Gas is expected to be smaller as well. Pacific Gas right now holds a risk of 1.74%. Please check Pacific Gas maximum drawdown, skewness, and the relationship between the total risk alpha and downside variance , to decide if Pacific Gas will be following its historical price patterns.
Auto-correlation | -0.6 |
Good reverse predictability
Pacific Gas and has good reverse predictability. Overlapping area represents the amount of predictability between Pacific Gas time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 Pacific Gas price movement. The serial correlation of -0.6 indicates that roughly 60.0% of current Pacific Gas price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.6 | |
| Spearman Rank Test | -0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 0.29 |
Pacific Gas lagged returns against current returns
Autocorrelation, which is Pacific Gas preferred 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 Pacific Gas' preferred stock expected returns. We can calculate the autocorrelation of Pacific Gas returns to help us make a trade decision. For example, suppose you find that Pacific Gas has exhibited high autocorrelation historically, and you observe that the preferred 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 |
| Timeline |
Pacific Gas 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 Pacific Gas preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pacific Gas preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pacific Gas preferred stock over time.
Current vs Lagged Prices |
| Timeline |
Pacific Gas Lagged Returns
When evaluating Pacific Gas' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pacific Gas preferred stock have on its future price. Pacific Gas 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, Pacific Gas autocorrelation shows the relationship between Pacific Gas preferred stock current value and its past values and can show if there is a momentum factor associated with investing in Pacific Gas and.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
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.