PGAL Related Correlations

PGAL Etf  USD 10.32  0.00  0.00%   
Generate correlation matrix for PGAL and other related equities to check the degree to which PGAL price movement is correlated to its related entities. Use comma (,) to separate each symbol. If not specified, the peers will be provided automatically based on Macroaxis sector classification standards for PGAL. To filter out specific equities, please toggle its corresponding legend item. Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
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The market value of PGAL is measured differently than its book value, which is the value of PGAL that is recorded on the company's balance sheet. Investors also form their own opinion of PGAL's value that differs from its market value or its book value, called intrinsic value, which is PGAL'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 PGAL's market value can be influenced by many factors that don't directly affect PGAL'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 PGAL's value and its price as these two are different measures arrived at by different means. Investors typically determine if PGAL is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PGAL'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.

Correlations

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