PACIFIC GAS AND Market Value
| 694308JM0 | 93.34 3.73 3.84% |
| Symbol | PACIFIC |
PACIFIC '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's bond 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.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in PACIFIC on November 1, 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 over 30 days. PACIFIC is related to or competes with Sapiens International, Link Real, Capital Clean, Western Asset, NextNav Warrant, Datadog, and Comstock Holding. More
PACIFIC 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's bond 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.
| Information Ratio | (0.21) | |||
| Maximum Drawdown | 2.53 | |||
| Value At Risk | (0.81) | |||
| Potential Upside | 0.7183 |
PACIFIC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PACIFIC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PACIFIC's standard deviation. In reality, there are many statistical measures that can use PACIFIC historical prices to predict the future PACIFIC's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.14) | |||
| Treynor Ratio | (0.83) |
PACIFIC GAS AND Backtested Returns
PACIFIC GAS AND retains Efficiency (Sharpe Ratio) of -0.11, which implies the bond had a -0.11% return per unit of risk over the last 3 months. PACIFIC exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check PACIFIC's coefficient of variation of (7,634), and Market Risk Adjusted Performance of (0.82) to confirm the risk estimate we provide. The entity owns a Beta (Systematic Risk) of 0.0234, which implies not very significant fluctuations relative to the market. As returns on the market increase, PACIFIC's returns are expected to increase less than the market. However, during the bear market, the loss of holding PACIFIC is expected to be smaller as well.
Auto-correlation | 0.25 |
Poor predictability
PACIFIC GAS AND has poor predictability. Overlapping area represents the amount of predictability between PACIFIC time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st of December 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 AND price movement. The serial correlation of 0.25 indicates that over 25.0% of current PACIFIC price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.25 | |
| Spearman Rank Test | -0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 2.2 |
PACIFIC GAS AND lagged returns against current returns
Autocorrelation, which is PACIFIC bond'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's bond expected returns. We can calculate the autocorrelation of PACIFIC returns to help us make a trade decision. For example, suppose you find that PACIFIC has exhibited high autocorrelation historically, and you observe that the bond 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 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 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PACIFIC bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PACIFIC bond over time.
Current vs Lagged Prices |
| Timeline |
PACIFIC Lagged Returns
When evaluating PACIFIC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PACIFIC bond have on its future price. PACIFIC 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 autocorrelation shows the relationship between PACIFIC bond 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 |
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.Other Information on Investing in PACIFIC Bond
PACIFIC financial ratios help investors to determine whether PACIFIC Bond 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 security.