Use Biostime to protect against small markets fluctuations. The stock experiences unexpected downward movement. The market is reacting to new fundamentals
As returns on market increase, Biostime returns are expected to increase less than the market. However during bear market, the loss on holding Biostime will be expected to be smaller as well.
1112 Hong Kong#KYG112591014HKBiostime International Holdings Limited China
The median price of Biostime for the period between Mon, Apr 22, 2013 and Wed, May 22, 2013 is 43.7 with a coefficient of variation of 2.14. The daily time series for the period is distributed with a sample standard deviation of 0.94, arithmetic mean of 43.84, and mean deviation of 0.79. The Stock did not receive any noticable media coverage during the period.
Biostime International Holdings Limited China [1112] is traded on Hong Kong Stock Exchange in Hong Kong. It is located in Guangzhou, and employs 24 people. The company currently falls under 'Large-Cap' category with current market capitalization of 27.09 B. Biostime International Holdings Limited China operates under Healthcare sector and is part of Long-Term Care Facilities industry. This company has 602 M outstanding shares.
Biostime International Holdings Limited, an investment holding company, engages in the research, development, manufacture, and sale of pediatric nutritional and baby care products. more
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