PACIFIC's market value is the price at which a share of PACIFIC trades on an exchange. It measures the collective expectations of PACIFIC GAS ELECTRIC investors about the bond's future performance. With this module, you can estimate the performance of a buy and hold strategy of PACIFIC GAS ELECTRIC and determine expected loss or profit from investing in PACIFIC over a given investment horizon. Check out PACIFIC Correlation, PACIFIC Volatility and PACIFIC Alpha and Beta module to complement your research on PACIFIC.
Please note, there is a significant difference between PACIFIC's value and its price as these two are different measures arrived at by different means. Investors typically determine if PACIFIC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PACIFIC'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.
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.
0.00
01/14/2023
No Change 0.00
0.0
In 1 year 11 months and 21 days
01/03/2025
0.00
If you would invest 0.00 in PACIFIC on January 14, 2023 and sell it all today you would earn a total of 0.00 from holding PACIFIC GAS ELECTRIC or generate 0.0% return on investment in PACIFIC over 720 days. PACIFIC is related to or competes with MACOM Technology, Globalfoundries, Magnite, Xunlei, Integral, and Deluxe. 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 ELECTRIC upside and downside potential and time the market with a certain degree of confidence.
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.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as PACIFIC. Your research has to be compared to or analyzed against PACIFIC's peers to derive any actionable benefits. When done correctly, PACIFIC's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in PACIFIC GAS ELECTRIC.
PACIFIC GAS ELECTRIC Backtested Returns
PACIFIC GAS ELECTRIC retains Efficiency (Sharpe Ratio) of -0.15, which implies the bond had a -0.15% 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 (1,159), and Market Risk Adjusted Performance of (3.34) to confirm the risk estimate we provide. The entity owns a Beta (Systematic Risk) of 0.0203, 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
-0.21
Weak reverse predictability
PACIFIC GAS ELECTRIC has weak reverse predictability. Overlapping area represents the amount of predictability between PACIFIC time series from 14th of January 2023 to 9th of January 2024 and 9th of January 2024 to 3rd of January 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 PACIFIC GAS ELECTRIC price movement. The serial correlation of -0.21 indicates that over 21.0% of current PACIFIC price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.21
Spearman Rank Test
-0.23
Residual Average
0.0
Price Variance
5.79
PACIFIC GAS ELECTRIC 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 ELECTRIC.
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.
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.