Portland General Electric Stock Technical Analysis

POR Stock  USD 43.55  0.26  0.60%   
As of the 24th of April, Portland General holds the Coefficient Of Variation of 1044.13, risk adjusted performance of 0.0642, and Semi Deviation of 1.29. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Portland General, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to break down and interpolate data for nineteen technical drivers for Portland General Electric, which can be compared to its competitors. Please check Portland General Electric information ratio and downside variance to decide if Portland General Electric is priced some-what accurately, providing market reflects its current price of 43.55 per share. Given that Portland General has jensen alpha of 0.0291, we recommend you to check out Portland General Electric's recent market performance to make sure the company can sustain itself at a future point.

Portland General Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Portland, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Portland
  
Portland General's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Portland General Analyst Consensus

Target PriceAdvice# of Analysts
47.63Buy11Odds
Portland General Electric current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Portland analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Portland stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Portland General Electric, talking to its executives and customers, or listening to Portland conference calls.
Portland Analyst Advice Details
Portland General 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.
A focus of Portland General technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Portland General trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Portland General Electric Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was eight with a total number of output elements of fifty-three. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Portland General Electric volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Portland General Electric Trend Analysis

Use this graph to draw trend lines for Portland General Electric. You can use it to identify possible trend reversals for Portland General as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Portland General price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Portland General Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Portland General Electric applied against its price change over selected period. The best fit line has a slop of   0.04  , which may imply that Portland General Electric will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 46.33, which is the sum of squared deviations for the predicted Portland General price change compared to its average price change.

About Portland General Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Portland General Electric on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Portland General Electric based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Portland General Electric price pattern first instead of the macroeconomic environment surrounding Portland General Electric. By analyzing Portland General's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Portland General's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Portland General specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2022 2023 2024 (projected)
Dividend Yield0.03610.04220.0383
Price To Sales Ratio1.651.451.1

Portland General April 24, 2024 Technical Indicators

Most technical analysis of Portland help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Portland from various momentum indicators to cycle indicators. When you analyze Portland charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Portland General April 24, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Portland stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
When determining whether Portland General Electric is a strong investment it is important to analyze Portland General's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Portland General's future performance. For an informed investment choice regarding Portland Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Portland General Electric. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

Complementary Tools for Portland Stock analysis

When running Portland General's price analysis, check to measure Portland General's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Portland General is operating at the current time. Most of Portland General's value examination focuses on studying past and present price action to predict the probability of Portland General's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Portland General's price. Additionally, you may evaluate how the addition of Portland General to your portfolios can decrease your overall portfolio volatility.
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Equity Valuation
Check real value of public entities based on technical and fundamental data
Is Portland General's industry 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 Portland General. If investors know Portland 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 Portland General listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.199
Dividend Share
1.878
Earnings Share
2.33
Revenue Per Share
29.9
Quarterly Revenue Growth
0.055
The market value of Portland General Electric is measured differently than its book value, which is the value of Portland that is recorded on the company's balance sheet. Investors also form their own opinion of Portland General's value that differs from its market value or its book value, called intrinsic value, which is Portland General'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 Portland General's market value can be influenced by many factors that don't directly affect Portland General'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 Portland General's value and its price as these two are different measures arrived at by different means. Investors typically determine if Portland General is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Portland General'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.