Use ABB Ltd to enhance returns of your portfolios. The stock experiences normal upward fluctuation. Check odds of ABB Ltd to be traded at $20.36 in 30 days
ABB Ltd Price and Market Media
The median price of ABB Ltd for the period between Wed, Dec 31, 2014 and Fri, Jan 30, 2015 is 20.01 with a coefficient of variation of 3.23. The daily time series for the period is distributed with a sample standard deviation of 0.65, arithmetic mean of 20.1, and mean deviation of 0.48. The Stock received some media coverage during the period.
ABB Ltd [ABB] is traded on New York Stock Exchange in USA. It is located in Zurich, and employs 145,000 people. The company currently falls under 'Large-Cap' category with total capitalization of 50.29 B. ABB Ltd runs under Industrial Goods sector within Diversified Machinery industry. This company has 2.28 B outstanding shares of which 3.64 M shares are presently shorted by investors with about 3.1 days to cover shorted positions.
Correlation analysis and pair trading evaluation for ABB Ltd and General Electric. 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