PSB Cost Of Revenue from 2010 to 2024
| PSBQ Stock | USD 27.90 0.00 0.00% |
Check PSB Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among PSB Holdings' main balance sheet or income statement drivers, such as , as well as many indicators such as . PSB financial statements analysis is a perfect complement when working with PSB Holdings Valuation or Volatility modules.
PSB |
Pair Trading with PSB Holdings
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 PSB Holdings 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 PSB Holdings will appreciate offsetting losses from the drop in the long position's value.Moving together with PSB OTC Stock
Moving against PSB OTC Stock
| 0.76 | KO | Coca Cola Fiscal Year End 11th of February 2025 | PairCorr |
| 0.75 | PFE | Pfizer Inc Fiscal Year End 4th of February 2025 | PairCorr |
| 0.73 | PKX | POSCO Holdings | PairCorr |
| 0.58 | EC | Ecopetrol SA ADR | PairCorr |
| 0.57 | PTAIY | Astra International Tbk | PairCorr |
The ability to find closely correlated positions to PSB Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PSB Holdings 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 PSB Holdings - 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 PSB Holdings to buy it.
The correlation of PSB Holdings 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 PSB Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PSB 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 PSB Holdings 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.Additional Tools for PSB OTC Stock Analysis
When running PSB Holdings' price analysis, check to measure PSB Holdings' 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 PSB Holdings is operating at the current time. Most of PSB Holdings' value examination focuses on studying past and present price action to predict the probability of PSB Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PSB Holdings' price. Additionally, you may evaluate how the addition of PSB Holdings to your portfolios can decrease your overall portfolio volatility.