PGE Corp Stock Forecast - Period Momentum Indicator
| PCGUDelisted Stock | USD 145.00 1.39 0.95% |
PGE Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast PGE Corp stock prices and determine the direction of PGE Corp's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of PGE Corp's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. PGE |
Most investors in PGE Corp cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the PGE Corp's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets PGE Corp's price structures and extracts relationships that further increase the generated results' accuracy.
Momentum indicator evaluates the difference between todays closing price and the close price n periods ago. It is the velocity with which the price is rising or falling. It also reflects how aggressively the asset is purchased or sold by the public.| Previous Period Momentum Indicator | Period Momentum Indicator | Trend |
| (1.39) | (1.39) |
| Check PGE Corp Volatility | Backtest PGE Corp | Information Ratio |
PGE Corp Trading Date Momentum
| On June 08 2024 PGE Corp was traded for 145.00 at the closing time. The top price for the day was 146.86 and the lowest listed price was 145.00 . There was no trading activity during the period 0.0. Lack of trading volume on June 8, 2024 did not cause price change. The trading delta at closing time against the current closing price is 0.96% . |
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
Compare PGE Corp to competition
PGE Corp Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with PGE Corp stock to make a market-neutral strategy. Peer analysis of PGE Corp could also be used in its relative valuation, which is a method of valuing PGE Corp by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
PGE Corp Market Strength Events
Market strength indicators help investors to evaluate how PGE Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading PGE Corp shares will generate the highest return on investment. By undertsting and applying PGE Corp stock market strength indicators, traders can identify PGE Corp entry and exit signals to maximize returns.
| Accumulation Distribution | 0.0127 | |||
| Daily Balance Of Power | (0.75) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 145.93 | |||
| Day Typical Price | 145.62 | |||
| Market Facilitation Index | 1.86 | |||
| Price Action Indicator | (1.62) | |||
| Period Momentum Indicator | (1.39) |
PGE Corp Risk Indicators
The analysis of PGE Corp's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in PGE Corp's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting pge stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 0.9963 | |||
| Standard Deviation | 1.32 | |||
| Variance | 1.73 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Pair Trading with PGE Corp
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if PGE Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in PGE Corp will appreciate offsetting losses from the drop in the long position's value.Moving against PGE Stock
| 0.64 | DTW | DTE Energy | PairCorr |
| 0.62 | SOJC | Southern | PairCorr |
| 0.6 | CMSA | CMS Energy Corp | PairCorr |
| 0.44 | SOJE | SOJE | PairCorr |
| 0.41 | PKX | POSCO Holdings | PairCorr |
The ability to find closely correlated positions to PGE Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PGE Corp 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 PGE Corp - 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 PGE Corp to buy it.
The correlation of PGE Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as PGE Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PGE Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for PGE Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Other Consideration for investing in PGE Stock
If you are still planning to invest in PGE Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the PGE Corp's history and understand the potential risks before investing.
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