Georgia Power Co Stock Market Value
| GPJA Stock | USD 22.91 0.06 0.26% |
| Symbol | Georgia |
Georgia Power 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 Georgia Power. If investors know Georgia 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 Georgia Power listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Georgia Power is measured differently than its book value, which is the value of Georgia that is recorded on the company's balance sheet. Investors also form their own opinion of Georgia Power's value that differs from its market value or its book value, called intrinsic value, which is Georgia Power'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 Georgia Power's market value can be influenced by many factors that don't directly affect Georgia Power'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 Georgia Power's value and its price as these two are different measures arrived at by different means. Investors typically determine if Georgia Power is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Georgia Power'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.
Georgia Power '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 Georgia Power'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 Georgia Power.
| 08/30/2024 |
| 11/28/2024 |
If you would invest 0.00 in Georgia Power on August 30, 2024 and sell it all today you would earn a total of 0.00 from holding Georgia Power Co or generate 0.0% return on investment in Georgia Power over 90 days. Georgia Power is related to or competes with Southern, Entergy Arkansas, DTE Energy, Entergy New, and Duke Energy. Georgia Power Company engages in generation, transmission, distribution, purchases, and sells electric service in Georgi... More
Georgia Power 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 Georgia Power'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 Georgia Power Co upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.34) | |||
| Maximum Drawdown | 3.14 | |||
| Value At Risk | (1.48) | |||
| Potential Upside | 1.15 |
Georgia Power Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Georgia Power's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Georgia Power's standard deviation. In reality, there are many statistical measures that can use Georgia Power historical prices to predict the future Georgia Power's volatility.| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.25) | |||
| Treynor Ratio | (0.69) |
Georgia Power Backtested Returns
Georgia Power holds Efficiency (Sharpe) Ratio of -0.13, which attests that the entity had a -0.13% return per unit of risk over the last 3 months. Georgia Power exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Georgia Power's Risk Adjusted Performance of (0.13), standard deviation of 0.7409, and Market Risk Adjusted Performance of (0.68) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.19, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Georgia Power's returns are expected to increase less than the market. However, during the bear market, the loss of holding Georgia Power is expected to be smaller as well. At this point, Georgia Power has a negative expected return of -0.0935%. Please make sure to check out Georgia Power's kurtosis, and the relationship between the maximum drawdown and rate of daily change , to decide if Georgia Power performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.19 |
Very weak predictability
Georgia Power Co has very weak predictability. Overlapping area represents the amount of predictability between Georgia Power time series from 30th of August 2024 to 14th of October 2024 and 14th of October 2024 to 28th 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 Georgia Power price movement. The serial correlation of 0.19 indicates that over 19.0% of current Georgia Power price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.19 | |
| Spearman Rank Test | 0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 0.4 |
Georgia Power lagged returns against current returns
Autocorrelation, which is Georgia Power 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 Georgia Power's stock expected returns. We can calculate the autocorrelation of Georgia Power returns to help us make a trade decision. For example, suppose you find that Georgia Power 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 |
Georgia Power 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 Georgia Power stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Georgia Power stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Georgia Power stock over time.
Current vs Lagged Prices |
| Timeline |
Georgia Power Lagged Returns
When evaluating Georgia Power's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Georgia Power stock have on its future price. Georgia Power 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, Georgia Power autocorrelation shows the relationship between Georgia Power stock current value and its past values and can show if there is a momentum factor associated with investing in Georgia Power Co.
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 Georgia Power offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Georgia Power's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Georgia Power Co Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Georgia Power Co Stock:Check out Georgia Power Correlation, Georgia Power Volatility and Georgia Power Alpha and Beta module to complement your research on Georgia Power. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Georgia Power 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.