Public Investments vs Property Plant and Equipment Net Analysis

PEG Stock  USD 66.65  1.14  1.74%   
Public Service financial indicator trend analysis is much more than just breaking down Public Service Enterprise prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Public Service Enterprise is a good investment. Please check the relationship between Public Service Investments and its Property Plant And Equipment Net accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Public Service Enterprise. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.

Investments vs Property Plant And Equipment Net

Investments vs Property Plant and Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Public Service Enterprise Investments account and Property Plant and Equipment Net. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Public Service's Investments and Property Plant and Equipment Net is -0.14. Overlapping area represents the amount of variation of Investments that can explain the historical movement of Property Plant and Equipment Net in the same time period over historical financial statements of Public Service Enterprise, assuming nothing else is changed. The correlation between historical values of Public Service's Investments and Property Plant and Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Investments of Public Service Enterprise are associated (or correlated) with its Property Plant and Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant and Equipment Net has no effect on the direction of Investments i.e., Public Service's Investments and Property Plant and Equipment Net go up and down completely randomly.

Correlation Coefficient

-0.14
Relationship DirectionNegative 
Relationship StrengthInsignificant

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Public Service's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Public Service Enterprise current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Public Service Enterprise. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
The Public Service's current Tax Provision is estimated to increase to about 621.6 M, while Selling General Administrative is projected to decrease to roughly 207.1 M.
 2021 2022 2023 2024 (projected)
Gross Profit3.0B2.6B4.8B3.6B
Total Revenue9.7B9.8B11.2B9.4B

Public Service fundamental ratios Correlations

0.580.310.170.230.660.48-0.10.290.640.850.30.55-0.350.30.640.140.460.840.58-0.590.430.450.620.150.52
0.580.92-0.060.580.760.990.120.920.970.670.091.0-0.430.090.770.50.930.340.42-0.860.920.810.520.740.68
0.310.92-0.250.690.540.920.311.00.820.4-0.010.92-0.3-0.010.730.480.890.090.33-0.760.90.870.460.890.46
0.17-0.06-0.25-0.250.16-0.08-0.76-0.250.040.15-0.01-0.060.01-0.01-0.36-0.02-0.090.040.00.05-0.12-0.150.0-0.340.01
0.230.580.69-0.250.130.530.70.680.490.030.170.550.080.170.620.240.510.140.58-0.610.560.610.590.830.27
0.660.760.540.160.130.76-0.20.540.840.78-0.010.77-0.53-0.010.560.440.680.60.23-0.530.620.450.270.20.74
0.480.990.92-0.080.530.760.10.920.960.630.010.99-0.460.010.70.540.930.240.32-0.820.910.770.390.720.67
-0.10.120.31-0.760.7-0.20.10.30.04-0.320.090.10.20.090.38-0.010.090.090.32-0.160.140.230.210.480.02
0.290.921.0-0.250.680.540.920.30.810.38-0.050.92-0.3-0.050.720.50.890.080.32-0.750.90.870.420.880.45
0.640.970.820.040.490.840.960.040.810.730.140.97-0.450.140.70.470.880.440.39-0.820.850.680.470.60.79
0.850.670.40.150.030.780.63-0.320.380.730.220.66-0.510.220.620.270.590.60.3-0.60.550.40.460.20.65
0.30.09-0.01-0.010.17-0.010.010.09-0.050.140.220.030.051.00.19-0.47-0.010.230.13-0.070.02-0.120.660.120.47
0.551.00.92-0.060.550.770.990.10.920.970.660.03-0.440.030.730.520.940.310.37-0.840.920.810.440.710.66
-0.35-0.43-0.30.010.08-0.53-0.460.2-0.3-0.45-0.510.05-0.440.05-0.33-0.48-0.26-0.150.260.42-0.21-0.32-0.06-0.1-0.3
0.30.09-0.01-0.010.17-0.010.010.09-0.050.140.221.00.030.050.19-0.47-0.010.230.13-0.070.02-0.120.660.120.47
0.640.770.73-0.360.620.560.70.380.720.70.620.190.73-0.330.190.490.660.430.63-0.770.680.710.730.720.49
0.140.50.48-0.020.240.440.54-0.010.50.470.27-0.470.52-0.48-0.470.490.42-0.040.2-0.680.40.490.080.420.17
0.460.930.89-0.090.510.680.930.090.890.880.59-0.010.94-0.26-0.010.660.420.210.38-0.731.00.790.410.710.55
0.840.340.090.040.140.60.240.090.080.440.60.230.31-0.150.230.43-0.040.210.48-0.280.170.180.38-0.120.5
0.580.420.330.00.580.230.320.320.320.390.30.130.370.260.130.630.20.380.48-0.550.40.430.610.390.23
-0.59-0.86-0.760.05-0.61-0.53-0.82-0.16-0.75-0.82-0.6-0.07-0.840.42-0.07-0.77-0.68-0.73-0.28-0.55-0.73-0.76-0.57-0.72-0.51
0.430.920.9-0.120.560.620.910.140.90.850.550.020.92-0.210.020.680.41.00.170.4-0.730.80.450.760.52
0.450.810.87-0.150.610.450.770.230.870.680.4-0.120.81-0.32-0.120.710.490.790.180.43-0.760.80.430.760.15
0.620.520.460.00.590.270.390.210.420.470.460.660.44-0.060.660.730.080.410.380.61-0.570.450.430.580.46
0.150.740.89-0.340.830.20.720.480.880.60.20.120.71-0.10.120.720.420.71-0.120.39-0.720.760.760.580.3
0.520.680.460.010.270.740.670.020.450.790.650.470.66-0.30.470.490.170.550.50.23-0.510.520.150.460.3
Click cells to compare fundamentals

Public Service Account Relationship Matchups

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Public Service Enterprise using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
When determining whether Public Service Enterprise is a strong investment it is important to analyze Public Service'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 Public Service's future performance. For an informed investment choice regarding Public 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 Public Service Enterprise. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
Note that the Public Service Enterprise information on this page should be used as a complementary analysis to other Public Service's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

Complementary Tools for Public Stock analysis

When running Public Service's price analysis, check to measure Public Service'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 Public Service is operating at the current time. Most of Public Service's value examination focuses on studying past and present price action to predict the probability of Public Service's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Public Service's price. Additionally, you may evaluate how the addition of Public Service to your portfolios can decrease your overall portfolio volatility.
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Is Public Service'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 Public Service. If investors know Public 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 Public Service 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
(0.31)
Dividend Share
2.28
Earnings Share
5.13
Revenue Per Share
22.564
Quarterly Revenue Growth
(0.17)
The market value of Public Service Enterprise is measured differently than its book value, which is the value of Public that is recorded on the company's balance sheet. Investors also form their own opinion of Public Service's value that differs from its market value or its book value, called intrinsic value, which is Public Service'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 Public Service's market value can be influenced by many factors that don't directly affect Public Service'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 Public Service's value and its price as these two are different measures arrived at by different means. Investors typically determine if Public Service is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Public Service'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.