PepsiCo, Inc. (PEP) - 13th December 2023 | @ 121 Days | + 4.30%

Last trade: + 4.30% | 'A' class signal detected in PepsiCo, Inc. (PEP). Running at an average wavelength of 121 days over 11 iterations since May 2020. Currently peaking

Dec 13, 2023

∙ Paid

Instrument Summary

PepsiCo Inc (PEP) is a multinational food and beverage corporation headquartered in the United States. With a diverse portfolio, it offers popular brands like Pepsi, Lay's, Gatorade, Quaker, and Tropicana. Operating in over 200 countries, PEP generates significant revenue through its strong presence in both the snacks and beverages markets.

ΣL Cycle Summary

Excellent, stationary periodic feature here in Pepsi, likely the 20 week ‘nominal’ wave in Hurst nomenclature. Peaking at the time of writing with the next trough anticipated around mid February, 2024.

Trade Update

See also: Live ΣL Portfolio & History

Summary of the most recent trade enacted with this signal and according to the time prediction detailed in the previous post for this instrument, linked below.

Type: Buy - PepsiCo, Inc (PEP) 18th October 2023
Entry: 18th October 2023 @ 162.03
Exit: 13th December 2023 @ 168.99
Gain: 4.30%

Current Signal Status

Defining characteristics of the component detected over the sample period.

Detected Signal Class: A - learn more
Average Wavelength: 120.94 Days (17.27 Weeks)
Completed Iterations: 11
Component Yield Over Sample: 111.37% - learn more