Dana Stock Price Up 5 percent Time to Buy?
| BVLG Index | 4,174 22.81 0.54% |
About 61% of PSI All's investor base is looking to short. The analysis of the overall investor sentiment regarding PSI All Share suggests that many traders are alarmed. PSI All's investing sentiment overview a quick insight into current market opportunities from investing in PSI All Share. Many technical investors use PSI All Share index news signals to limit their universe of possible portfolio assets and to time the market correctly.
Dana Incorporated s share price traded up 5 percent on Wednesday . The company traded as high as 10.03 and last traded at 10.03. 82,750 shares traded hands during mid-day trading, a decline of 94 percent from the average session volume of 1,421,635 shares. The stock had previously closed at 9.55. Wall Street
Read at thelincolnianonline.com
 |
PSI All Share Potential Pair-trading
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 PSI All index to make a market-neutral strategy. Peer analysis of PSI All could also be used in its relative valuation, which is a method of valuing PSI All by comparing valuation metrics with similar companies.
Peers
PSI All Related Equities
| SOC | Sable Offshore | 4.66 | ||||
| TSLA | Tesla | 4.34 | ||||
| DAN | Dana | 1.28 | ||||
| RIVN | Rivian Automotive | 1.20 | ||||
| SAIA | Saia | 0.87 | ||||
| JDSPY | JD Sports | 0.78 | ||||
| AXL | American Axle | 1.74 |