Portland General Electric Stock Market Value
| POR Stock | USD 48.07 0.50 1.05% |
| Symbol | Portland |
Portland General Electric 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 Portland General. If investors know Portland 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 Portland General 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 0.957 | Dividend Share 1.95 | Earnings Share 3.35 | Revenue Per Share 32.646 | Quarterly Revenue Growth 0.158 |
The market value of Portland General Electric is measured differently than its book value, which is the value of Portland that is recorded on the company's balance sheet. Investors also form their own opinion of Portland General's value that differs from its market value or its book value, called intrinsic value, which is Portland General'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 Portland General's market value can be influenced by many factors that don't directly affect Portland General'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 Portland General's value and its price as these two are different measures arrived at by different means. Investors typically determine if Portland General is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Portland General'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.
Portland General '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 Portland General'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 Portland General.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Portland General on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Portland General Electric or generate 0.0% return on investment in Portland General over 30 days. Portland General is related to or competes with Dominion Energy, Consolidated Edison, Eversource Energy, FirstEnergy, Hawaiian Electric, Southern, and Consumers Energy. Portland General Electric Company, an integrated electric utility company, engages in the generation, wholesale purchase... More
Portland General 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 Portland General'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 Portland General Electric upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.01 | |||
| Information Ratio | (0.10) | |||
| Maximum Drawdown | 5.04 | |||
| Value At Risk | (1.60) | |||
| Potential Upside | 1.54 |
Portland General Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Portland General's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Portland General's standard deviation. In reality, there are many statistical measures that can use Portland General historical prices to predict the future Portland General's volatility.| Risk Adjusted Performance | 0.0256 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | (0.1) | |||
| Treynor Ratio | 0.0681 |
Portland General Electric Backtested Returns
Currently, Portland General Electric is very steady. Portland General Electric maintains Sharpe Ratio (i.e., Efficiency) of 0.0225, which implies the firm had a 0.0225% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Portland General Electric, which you can use to evaluate the volatility of the company. Please check Portland General's Coefficient Of Variation of 3285.5, semi deviation of 0.9761, and Risk Adjusted Performance of 0.0256 to confirm if the risk estimate we provide is consistent with the expected return of 0.0224%. Portland General has a performance score of 1 on a scale of 0 to 100. The company holds a Beta of 0.3, which implies not very significant fluctuations relative to the market. 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 General Electric right now holds a risk of 0.99%. Please check Portland General Electric downside variance, as well as the relationship between the daily balance of power and relative strength index , to decide if Portland General Electric will be following its historical price patterns.
Auto-correlation | 0.16 |
Very weak predictability
Portland General Electric has very weak predictability. Overlapping area represents the amount of predictability between Portland General time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Portland General Electric price movement. The serial correlation of 0.16 indicates that over 16.0% of current Portland General price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.16 | |
| Spearman Rank Test | -0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 0.36 |
Portland General Electric lagged returns against current returns
Autocorrelation, which is Portland General 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 Portland General's stock expected returns. We can calculate the autocorrelation of Portland General returns to help us make a trade decision. For example, suppose you find that Portland General 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 |
Portland General 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 Portland General stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Portland General stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Portland General stock over time.
Current vs Lagged Prices |
| Timeline |
Portland General Lagged Returns
When evaluating Portland General's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Portland General stock have on its future price. Portland General 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, Portland General autocorrelation shows the relationship between Portland General stock current value and its past values and can show if there is a momentum factor associated with investing in Portland General Electric.
Regressed Prices |
| Timeline |
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
| 0.4 | VSTE | Vast Renewables Buyout Trend | PairCorr |
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.