Pgi Energy Stock Market Value
| PGIE Stock | USD 0.00001 0.00 0.00% |
| Symbol | PGI |
Is Oil & Gas Midstream 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 PGI Energy. If investors know PGI 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 PGI Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0) |
The market value of PGI Energy is measured differently than its book value, which is the value of PGI that is recorded on the company's balance sheet. Investors also form their own opinion of PGI Energy's value that differs from its market value or its book value, called intrinsic value, which is PGI Energy'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 PGI Energy's market value can be influenced by many factors that don't directly affect PGI Energy'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 PGI Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if PGI Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PGI Energy'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.
PGI Energy '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 PGI Energy'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 PGI Energy.
| 01/10/2024 |
| 12/30/2025 |
If you would invest 0.00 in PGI Energy on January 10, 2024 and sell it all today you would earn a total of 0.00 from holding PGI Energy or generate 0.0% return on investment in PGI Energy over 720 days. PGI Energy is related to or competes with Endurance. PGI Energy, Inc., an energy holding company, focuses on acquiring assets in the proven oil and gas, and refinery and pip... More
PGI Energy 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 PGI Energy'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 PGI Energy upside and downside potential and time the market with a certain degree of confidence.
PGI Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PGI Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PGI Energy's standard deviation. In reality, there are many statistical measures that can use PGI Energy historical prices to predict the future PGI Energy's volatility.PGI Energy Backtested Returns
PGI Energy maintains Sharpe Ratio (i.e., Efficiency) of 0.13, which implies the firm had a 0.13 % return per unit of volatility over the last 3 months. We were able to collect and analyze data for two different technical indicators, which can help you to evaluate if expected returns of 15.87% are justified by taking the suggested risk. The company holds a Beta of 0.0, which implies not very significant fluctuations relative to the market. the returns on MARKET and PGI Energy are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
PGI Energy has no correlation between past and present. Overlapping area represents the amount of predictability between PGI Energy time series from 10th of January 2024 to 4th of January 2025 and 4th of January 2025 to 30th of December 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of PGI Energy price movement. The serial correlation of 0.0 indicates that just 0.0% of current PGI Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
PGI Energy lagged returns against current returns
Autocorrelation, which is PGI Energy 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 PGI Energy's stock expected returns. We can calculate the autocorrelation of PGI Energy returns to help us make a trade decision. For example, suppose you find that PGI Energy 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 |
| Timeline |
PGI Energy 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 PGI Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PGI Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PGI Energy stock over time.
Current vs Lagged Prices |
| Timeline |
PGI Energy Lagged Returns
When evaluating PGI Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PGI Energy stock have on its future price. PGI Energy 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, PGI Energy autocorrelation shows the relationship between PGI Energy stock current value and its past values and can show if there is a momentum factor associated with investing in PGI Energy.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether PGI Energy is a strong investment it is important to analyze PGI Energy'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 PGI Energy's future performance. For an informed investment choice regarding PGI Stock, refer to the following important reports:Check out PGI Energy Correlation, PGI Energy Volatility and PGI Energy Alpha and Beta module to complement your research on PGI Energy. For information on how to trade PGI Stock refer to our How to Trade PGI Stock guide.You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
PGI Energy 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.