I am running PCA for a fleet management data frame $X$, where each column is a city, each row is a date, there are 50 cities and 500 dates.
I run PCA on $A=X^{T}X$.
Then the first component $v_{1}$ is :
$Av_{1}=\lambda_{1}v_{1}$
However, I discovered that most of the values in the first component $v_{1}$ are negative; while most of the values of the second (and there after till 50) component $v_{2}$ are positive.
I am curious to understand from where the negativity comes from. What I understand about PCA is that, the principal components define new axis which are orthogonal to each other. In that case, the sign shouldn't matter, because if I 'flip' the component, it should still be orthogonal to the other components.
If we imagine that the data is projected into a 2-dim space, in my case, the first component is pointing toward the quadrant III;
Or in other words, what does the negative first component say about my input data? Does this imply that input data is skewed (at least , asymmetric) ?