As returns on market increase, returns on owning Haier are expected to decrease at a much smaller rate. During bear market, Haier is likely to outperform the market.
The median price of Haier for the period between Fri, Apr 19, 2013 and Sun, May 19, 2013 is 13.58 with a coefficient of variation of 2.75. The daily time series for the period is distributed with a sample standard deviation of 0.37, arithmetic mean of 13.51, and mean deviation of 0.33. The Stock did not receive any noticable media coverage during the period.
Haier Electronics Group Co Ltd [1169] is traded on Hong Kong Stock Exchange in Hong Kong. It is located in Haier Electronics Group Co., Ltd.Central, and employs 17,304 people. The company currently falls under 'Large-Cap' category with current market capitalization of 34.11 B. Haier Electronics Group Co Ltd operates under Consumer Goods sector and is part of Home Furnishings and Fixtures industry. This company has 2.54 B outstanding shares.
Haier Electronics Group Co., Ltd., an investment holding company, engages in the research, development, production, and sale of washing machines and water heaters under the brand name of Haier primarily in Mainland China. more
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