Pershing Square (Netherlands) Statistic Functions Beta

PSH Stock  USD 48.95  0.10  0.20%   
Pershing Square statistic functions tool provides the execution environment for running the Beta function and other technical functions against Pershing Square. Pershing Square value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. Pershing Square statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

The output start index for this execution was fourty-two with a total number of output elements of nineteen. The Beta measures systematic risk based on how returns on Pershing Square Holdings correlated with the market. If Beta is less than 0 Pershing Square generally moves in the opposite direction as compared to the market. If Pershing Square Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Pershing Square Holdings is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Pershing Square is generally in the same direction as the market. If Beta > 1 Pershing Square moves generally in the same direction as, but more than the movement of the benchmark.

Pershing Square Technical Analysis Modules

Most technical analysis of Pershing Square help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Pershing from various momentum indicators to cycle indicators. When you analyze Pershing charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Pershing Square Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Pershing Square Holdings. We use our internally-developed statistical techniques to arrive at the intrinsic value of Pershing Square Holdings based on widely used predictive technical indicators. In general, we focus on analyzing Pershing Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Pershing Square's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Pershing Square's intrinsic value. In addition to deriving basic predictive indicators for Pershing Square, we also check how macroeconomic factors affect Pershing Square price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
47.7048.9550.20
Details
Intrinsic
Valuation
LowRealHigh
46.8348.0849.33
Details
Naive
Forecast
LowNextHigh
48.3249.5750.82
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
45.0948.0951.09
Details

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Pershing Square Holdings pair trading

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 Pershing Square 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 Pershing Square will appreciate offsetting losses from the drop in the long position's value.

Pershing Square Pair Trading

Pershing Square Holdings Pair Trading Analysis

The ability to find closely correlated positions to Pershing Square could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pershing Square 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 Pershing Square - 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 Pershing Square Holdings to buy it.
The correlation of Pershing Square 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 Pershing Square moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pershing Square Holdings 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 Pershing Square 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.
Pair CorrelationCorrelation Matching

Additional Tools for Pershing Stock Analysis

When running Pershing Square's price analysis, check to measure Pershing Square'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 Pershing Square is operating at the current time. Most of Pershing Square's value examination focuses on studying past and present price action to predict the probability of Pershing Square's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pershing Square's price. Additionally, you may evaluate how the addition of Pershing Square to your portfolios can decrease your overall portfolio volatility.