3 standard deviations and probability

When asset prices are trading (on a weekly basis) 3 standard deviations above their ‘rolling mean’ and at a certain percentage above its 200 week moving average, for those electing to initiate or maintain a long position should re-consider the probabilities of doing so.

The study below features the stock price for Jones Lang LaSalle.

#JLL

July 26, 2024

by Rob Zdravevski

rob@karriasset.com.au