Use Public Service to protect against small markets fluctuations. The stock experiences normal downward trend and little activity. Check odds of Public Service to be traded at $40.87 in 30 days
Public Service Daily Price Distribution
The median price of Public Service for the period between Tue, Sep 20, 2016 and Thu, Oct 20, 2016 is 41.57 with a coefficient of variation of 2.67. The daily time series for the period is distributed with a sample standard deviation of 1.12, arithmetic mean of 41.81, and mean deviation of 0.95. The Stock received some media coverage during the period.
Public Service Enterprise Group Inc (PEG) is traded on New York Stock Exchange in USA. It is located in NEW JERSEY, U.S.A and employs 13,025 people. Public Service is listed under Utilities category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with total capitalization of 20.69 B. Public Service Enterprise Group Inc runs under Utilities sector within Diversified Utilities industry. This company has 505.92 M outstanding shares of which 9.02 M shares are at this time shorted by investors with about 3.42 days to cover shorted positions.
PUB ENTRPR GP has about 650 M in cash with 3.41 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.29.
Financial Statements and Exhibits. Amendments to Articles of Incorporation or Bylaws; and/or Change in Fiscal Year. Departure of Directors or Certain Offices; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
Correlation analysis and pair trading evaluation for Public Service and Exelon. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return