ORVSPS• Today (Normalized)

OR vs PS (OR Royalties Inc. vs Pershing Square Inc.)

Showing Closing Date Range from Oct 6 to Oct 7, 2026.

Normalized cumulative comparison anchored at 0.00% baseline to illustrate pure alpha, return divergence, and market momentum.

BEFORE THE OPEN US Eastern Time (ET)

Before the Regular Session

3:28 AM ET
2026-10-08

Current time is 3:28 AM ET. The regular US trading session begins at 9:30 AM ET. Showing closing prices from the prior official trading session.

Today's Alpha Margin

OR leads by +0.24% Alpha Spread Today

OR is trading at -1.60% while PS is at -1.84% .

OR (-1.60%) PS (-1.84%)
Dominance Spread0.24% Spread
Card 1 • Session Start 9:30 AM ET OPEN

Started At

Official opening auction price

OR
Gap: -0.64 (-1.86%)
$33.83
PS
Gap: -0.27 (-0.45%)
$59.48
Baseline Prior Closes $34.47 vs $59.75
Card 2 • Execution PRIOR SESSION

Previous Close

Baseline for today's market open

OR
Latest snapshot
$33.92
PS
Latest snapshot
$58.65
Verified Snapshot3:28 AM ET
Card 3 • Net Move OR LEADING

Gained / Lost Today

Net return against previous session close

OR
$-0.55
-1.60%
PS
$-1.10
-1.84%
Performance Lead +0.24% Advantage

Today's Trading Range Position

Where each asset is currently trading relative to its Day Low and Day High

OR $33.92 (59% of range)
Low: $33.26High: $34.37
PS $58.65 (66% of range)
Low: $55.50High: $60.25

Session Liquidity & Volume

Trading activity, share volume, and estimated dollar liquidity

OR Liquidity
Share Volume
841.7K
Est. Dollar Volume
$28.55M
PS Liquidity
Share Volume
482.3K
Est. Dollar Volume
$28.28M

Session Ledger Comparison

Direct side-by-side breakdown of today's key auction and price metrics

MetricORPSHead-to-Head Advantage
Today's Return-1.60% -1.84% OR +0.24%
Net Dollar Move$-0.55$-1.10OR higher move
Open Price$33.83$59.48 Gap: -1.86% vs -0.45%
Day High$34.37$60.25Session peaks
Day Low$33.26$55.50Session troughs
Intraday Spread$1.11$4.75High/Low spread
Share Volume841.7K482.3KOR more active
Est. Dollar Volume$28.55M$28.28MOR higher liquidity
Multi-Day Trajectory Charts•Interactive Historical Comparison

Explore OR vs PS Over Extended Timeframes

Today's session isolates intraday momentum. Switch to normalized multi-day timeframes to analyze historical correlations, cumulative returns, and divergence charts.