PickStock 1.7



Publisher Description



PickStock (copyright 2003, Bell Software and Services, Inc.) uses principal components analysis to search out potentially underpriced stocks by analyzing a user-supplied database of historical stock prices. The program is believed to be an implementation of what is known in the financial market modeling community as 'arbitrage pricing theory' (see for example S. Ross, 'The arbitrage theory of capital asset pricing', J. Economic Theory, vol. 13, pp. 341-360, 1976). The theory postulates that a given vector of prices (for example, today's price for a set of stocks) can be explained by a linear combination of underlying economic components. While there is apparently substantial debate in the economic community as to the viability of the arbitrage pricing theory, this application provides a tool to test it out on real data.
Who can best make use of this application:
It is hoped that any user who can download stock price data into MetaStock text format will find PickStock sufficiently easy to use. Facility in handling text files and importing them into spreadsheets is also a plus. Economists and stock analysts may be able to utilize the program along with a more traditional analysis of economic fundamentals. Scientists, engineers, and students may even be able to tap into the powerful principal components analysis engine that PickStock incorporates by replacing closing prices with arbitrary data (ie. a given 'date' can be associated with one experiment having outputs for each of the 'tickers' with the output values corresponding to the ticker being in the 'close' field).


About PickStock

PickStock is a free trial software published in the Other list of programs, part of Business.

This program is available in English. It was last updated on 19 March, 2024. PickStock is compatible with the following operating systems: Windows.

The company that develops PickStock is Bell Software and Services, Inc.. The latest version released by its developer is 1.7. This version was rated by 5 users of our site and has an average rating of 2.4.

The download we have available for PickStock has a file size of 2.10 MB. Just click the green Download button above to start the downloading process. The program is listed on our website since 2005-01-06 and was downloaded 447 times. We have already checked if the download link is safe, however for your own protection we recommend that you scan the downloaded software with your antivirus. Your antivirus may detect the PickStock as malware if the download link is broken.

How to install PickStock on your Windows device:

  • Click on the Download button on our website. This will start the download from the website of the developer.
  • Once the PickStock is downloaded click on it to start the setup process (assuming you are on a desktop computer).
  • When the installation is finished you should be able to see and run the program.



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Users Rating:  
  2.4/5     5
Downloads: 447
Updated At: 2024-03-19
Publisher: Bell Software and Services, Inc.
Operating System: Windows
License Type: Free Trial