Pacificorp Stock Market Value
| PPWLO Stock | USD 140.00 9.00 6.04% |
| Symbol | PacifiCorp |
PacifiCorp '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 PacifiCorp's pink sheet 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 PacifiCorp.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in PacifiCorp on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding PacifiCorp or generate 0.0% return on investment in PacifiCorp over 30 days. PacifiCorp is related to or competes with SBM Offshore, KNOT Offshore, NioCorp Developments, Sable Offshore, and Perseus Mining. PacifiCorp, a regulated electric utility company, generates, transmits, distributes, and sells electricity in the United... More
PacifiCorp 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 PacifiCorp's pink sheet 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 PacifiCorp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.1 | |||
| Information Ratio | 0.0776 | |||
| Maximum Drawdown | 54.87 | |||
| Value At Risk | (1.04) | |||
| Potential Upside | 2.94 |
PacifiCorp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PacifiCorp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PacifiCorp's standard deviation. In reality, there are many statistical measures that can use PacifiCorp historical prices to predict the future PacifiCorp's volatility.| Risk Adjusted Performance | 0.087 | |||
| Jensen Alpha | 0.571 | |||
| Total Risk Alpha | (0.36) | |||
| Sortino Ratio | 0.0602 | |||
| Treynor Ratio | (4.37) |
PacifiCorp Backtested Returns
PacifiCorp appears to be very steady, given 3 months investment horizon. PacifiCorp maintains Sharpe Ratio (i.e., Efficiency) of 0.11, which implies the firm had a 0.11% return per unit of risk over the last 3 months. By analyzing PacifiCorp's technical indicators, you can evaluate if the expected return of 0.59% is justified by implied risk. Please evaluate PacifiCorp's Coefficient Of Variation of 974.81, risk adjusted performance of 0.087, and Semi Deviation of 2.2 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, PacifiCorp holds a performance score of 8. The company holds a Beta of -0.13, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning PacifiCorp are expected to decrease at a much lower rate. During the bear market, PacifiCorp is likely to outperform the market. Please check PacifiCorp's value at risk, and the relationship between the jensen alpha and skewness , to make a quick decision on whether PacifiCorp's historical price patterns will revert.
Auto-correlation | -0.37 |
Poor reverse predictability
PacifiCorp has poor reverse predictability. Overlapping area represents the amount of predictability between PacifiCorp time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 PacifiCorp price movement. The serial correlation of -0.37 indicates that just about 37.0% of current PacifiCorp price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.37 | |
| Spearman Rank Test | 0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 7.29 |
PacifiCorp lagged returns against current returns
Autocorrelation, which is PacifiCorp pink sheet'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 PacifiCorp's pink sheet expected returns. We can calculate the autocorrelation of PacifiCorp returns to help us make a trade decision. For example, suppose you find that PacifiCorp has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
PacifiCorp 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 PacifiCorp pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PacifiCorp pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PacifiCorp pink sheet over time.
Current vs Lagged Prices |
| Timeline |
PacifiCorp Lagged Returns
When evaluating PacifiCorp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PacifiCorp pink sheet have on its future price. PacifiCorp 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, PacifiCorp autocorrelation shows the relationship between PacifiCorp pink sheet current value and its past values and can show if there is a momentum factor associated with investing in PacifiCorp.
Regressed Prices |
| Timeline |
Pair Trading with PacifiCorp
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 PacifiCorp 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 PacifiCorp will appreciate offsetting losses from the drop in the long position's value.Moving together with PacifiCorp Pink Sheet
Moving against PacifiCorp Pink Sheet
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| 0.85 | PPERY | Bank Mandiri Persero | PairCorr |
| 0.83 | ENLAY | ENEL Societa per | PairCorr |
| 0.82 | ESOCF | Enel SpA | PairCorr |
| 0.81 | ENGQF | Engie SA | PairCorr |
The ability to find closely correlated positions to PacifiCorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PacifiCorp 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 PacifiCorp - 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 PacifiCorp to buy it.
The correlation of PacifiCorp 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 PacifiCorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PacifiCorp 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 PacifiCorp 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.Other Information on Investing in PacifiCorp Pink Sheet
PacifiCorp financial ratios help investors to determine whether PacifiCorp Pink Sheet 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 PacifiCorp with respect to the benefits of owning PacifiCorp security.