PacifiCorp Correlations
| PPWLO Stock | USD 134.95 5.05 3.61% |
The current 90-days correlation between PacifiCorp and Nexstar Broadcasting Group is 0.06 (i.e., Significant diversification). 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.
PacifiCorp Correlation With Market
Significant diversification
The correlation between PacifiCorp and DJI is 0.03 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding PacifiCorp and DJI in the same portfolio, assuming nothing else is changed.
PacifiCorp |
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.
Moving together with PacifiCorp Pink Sheet
| 0.88 | SRE | Sempra Energy Sell-off Trend | PairCorr |
| 0.61 | SSNLF | Samsung Electronics | PairCorr |
| 0.68 | PTAIF | PT Astra International | PairCorr |
| 0.91 | BAC | Bank of America Fiscal Year End 10th of January 2025 | PairCorr |
| 0.86 | DIS | Walt Disney | PairCorr |
| 0.9 | JPM | JPMorgan Chase Fiscal Year End 10th of January 2025 | PairCorr |
| 0.84 | WMT | Walmart Aggressive Push | PairCorr |
| 0.8 | T | ATT Inc Aggressive Push | PairCorr |
| 0.78 | AXP | American Express Sell-off Trend | PairCorr |
| 0.64 | INTC | Intel Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.78 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
Moving against PacifiCorp Pink Sheet
| 0.89 | BKRKY | Bank Rakyat | PairCorr |
| 0.88 | PPERY | Bank Mandiri Persero | PairCorr |
| 0.87 | TLK | Telkom Indonesia Tbk | PairCorr |
| 0.83 | ESOCF | Enel SpA | PairCorr |
| 0.83 | ENLAY | ENEL Societa per | PairCorr |
| 0.8 | ENGQF | Engie SA | PairCorr |
| 0.79 | PPERF | Bank Mandiri Persero | PairCorr |
| 0.75 | EC | Ecopetrol SA ADR | PairCorr |
| 0.7 | IBDSF | Iberdrola SA | PairCorr |
| 0.69 | IBDRY | Iberdrola SA | PairCorr |
| 0.68 | BKRKF | PT Bank Rakyat | PairCorr |
| 0.56 | PTAIY | Astra International Tbk | PairCorr |
| 0.89 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
| 0.81 | JNJ | Johnson Johnson Fiscal Year End 28th of January 2025 | PairCorr |
| 0.54 | BA | Boeing Fiscal Year End 29th of January 2025 | PairCorr |
| 0.31 | VZ | Verizon Communications Sell-off Trend | PairCorr |
Related Correlations Analysis
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Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between PacifiCorp Pink Sheet performing well and PacifiCorp Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze PacifiCorp's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SNDA | 2.36 | (0.25) | 0.00 | (0.08) | 0.00 | 5.59 | 12.89 | |||
| LIND | 2.56 | 0.28 | 0.17 | 0.21 | 2.14 | 4.92 | 29.57 | |||
| CMLS | 3.16 | (1.10) | 0.00 | (22.12) | 0.00 | 5.51 | 26.58 | |||
| ESPR | 3.62 | 0.79 | 0.21 | 0.53 | 3.34 | 10.53 | 21.27 | |||
| NXST | 1.30 | (0.10) | (0.03) | 0.02 | 2.39 | 2.86 | 17.92 | |||
| UAL | 1.86 | 1.02 | 0.75 | 0.65 | 0.38 | 6.47 | 16.43 | |||
| TNDM | 2.52 | (0.48) | 0.00 | (0.31) | 0.00 | 4.47 | 12.63 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in PacifiCorp without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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PacifiCorp Corporate Management
| Jeffery Erb | Assistant Sec | Profile | |
| William Fehrman | Chairman CEO | Profile | |
| Mark Reis | Co Director | Profile | |
| Nikki Kobliha | CFO, VP | Profile |