PACIFIC GAS ELECTRIC Market Value

694308JP3   98.25  0.05  0.05%   
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.
Symbol

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
01/02/2023
No Change 0.00  0.0 
In 1 year 11 months and 22 days
12/22/2024
0.00
If you would invest  0.00  in PACIFIC on January 2, 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 Kaiser Aluminum, Olympic Steel, Tenaris SA, Patterson UTI, Harmony Gold, Precision Drilling, and Insteel Industries. 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.

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.
Hype
Prediction
LowEstimatedHigh
98.0498.2598.46
Details
Intrinsic
Valuation
LowRealHigh
98.1798.3898.59
Details
Naive
Forecast
LowNextHigh
97.7998.0098.21
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
98.0598.2398.41
Details
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

At this point, PACIFIC is very steady. PACIFIC GAS ELECTRIC retains Efficiency (Sharpe Ratio) of 0.0065, which implies the bond had a 0.0065% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for PACIFIC, which you can use to evaluate the volatility of the entity. Please check PACIFIC's semi deviation of 0.2008, and Market Risk Adjusted Performance of (3.78) to confirm if the risk estimate we provide is consistent with the expected return of 0.0013%. The entity owns a Beta (Systematic Risk) of 0.0023, 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

    
  0.01  

Virtually no predictability

PACIFIC GAS ELECTRIC has virtually no predictability. Overlapping area represents the amount of predictability between PACIFIC time series from 2nd of January 2023 to 28th of December 2023 and 28th of December 2023 to 22nd 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 ELECTRIC price movement. The serial correlation of 0.01 indicates that just 1.0% of current PACIFIC price fluctuation can be explain by its past prices.
Correlation Coefficient0.01
Spearman Rank Test-0.11
Residual Average0.0
Price Variance0.98

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.

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.