PGE (Germany) Market Value

PCG Stock  EUR 15.23  0.44  2.81%   
PGE's market value is the price at which a share of PGE trades on a public exchange. It measures the collective expectations of PGE Corporation investors about its performance. PGE is trading at 15.23 as of the 4th of March 2025. This is a 2.81% down since the beginning of the trading day. The stock's lowest day price was 15.23.
With this module, you can estimate the performance of a buy and hold strategy of PGE Corporation and determine expected loss or profit from investing in PGE over a given investment horizon. Check out PGE Correlation, PGE Volatility and PGE Alpha and Beta module to complement your research on PGE.
Symbol

Please note, there is a significant difference between PGE's value and its price as these two are different measures arrived at by different means. Investors typically determine if PGE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PGE'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.

PGE '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 PGE'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 PGE.
0.00
03/15/2023
No Change 0.00  0.0 
In 1 year 11 months and 22 days
03/04/2025
0.00
If you would invest  0.00  in PGE on March 15, 2023 and sell it all today you would earn a total of 0.00 from holding PGE Corporation or generate 0.0% return on investment in PGE over 720 days. PGE is related to or competes with Hitachi Construction, Warner Music, GEAR4MUSIC (HLDGS), and China Railway. PGE Corporation, through its subsidiary, Pacific Gas and Electric Company, engages in the sale and delivery of electrici... More

PGE 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 PGE'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 PGE Corporation upside and downside potential and time the market with a certain degree of confidence.

PGE Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for PGE's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PGE's standard deviation. In reality, there are many statistical measures that can use PGE historical prices to predict the future PGE's volatility.
Hype
Prediction
LowEstimatedHigh
12.9415.2317.52
Details
Intrinsic
Valuation
LowRealHigh
11.3513.6415.93
Details

PGE Corporation Backtested Returns

PGE Corporation maintains Sharpe Ratio (i.e., Efficiency) of -0.17, which implies the firm had a -0.17 % return per unit of risk over the last 3 months. PGE Corporation exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check PGE's Risk Adjusted Performance of (0.12), mean deviation of 1.65, and Coefficient Of Variation of (578.25) to confirm the risk estimate we provide. The company holds a Beta of 0.38, which implies possible diversification benefits within a given portfolio. As returns on the market increase, PGE's returns are expected to increase less than the market. However, during the bear market, the loss of holding PGE is expected to be smaller as well. At this point, PGE Corporation has a negative expected return of -0.4%. Please make sure to check PGE's standard deviation, information ratio, total risk alpha, as well as the relationship between the variance and jensen alpha , to decide if PGE Corporation performance from the past will be repeated in the future.

Auto-correlation

    
  0.46  

Average predictability

PGE Corporation has average predictability. Overlapping area represents the amount of predictability between PGE time series from 15th of March 2023 to 9th of March 2024 and 9th of March 2024 to 4th of March 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 PGE Corporation price movement. The serial correlation of 0.46 indicates that about 46.0% of current PGE price fluctuation can be explain by its past prices.
Correlation Coefficient0.46
Spearman Rank Test0.13
Residual Average0.0
Price Variance2.17

PGE Corporation lagged returns against current returns

Autocorrelation, which is PGE 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 PGE's stock expected returns. We can calculate the autocorrelation of PGE returns to help us make a trade decision. For example, suppose you find that PGE 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  

PGE 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 PGE stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PGE stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PGE stock over time.
   Current vs Lagged Prices   
       Timeline  

PGE Lagged Returns

When evaluating PGE's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PGE stock have on its future price. PGE 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, PGE autocorrelation shows the relationship between PGE stock current value and its past values and can show if there is a momentum factor associated with investing in PGE Corporation.
   Regressed Prices   
       Timeline  

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Other Information on Investing in PGE Stock

PGE financial ratios help investors to determine whether PGE Stock 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 PGE with respect to the benefits of owning PGE security.