Use Adobe to protect against small markets fluctuations. The stock experiences normal downward trend, but the immediate impact on correlations cannot be determined at the moment
John Warnock Co-Founder and Chairman of The Board, Ph.D
Karen Cottle Senior Vice President General Counsel, Corporate Secretary
Adobe Price and Market Media
The median price of Adobe for the period between Mon, May 20, 2013 and Wed, Jun 19, 2013 is 43.3 with a coefficient of variation of 1.34. The daily time series for the period is distributed with a sample standard deviation of 0.58, arithmetic mean of 43.36, and mean deviation of 0.47. The Stock received substential amount of media coverage during this period.
Adobe Systems Inc [ADBE] is traded on NASDAQ in USA. It is located in San Jose, CA and employs 11,144 people. The company currently falls under 'Large-Cap' category with current market capitalization of 21.5 B. Adobe Systems Inc conducts business under Technology sector and is part of Application Software industry. This company has 501.94 M outstanding shares of which 6.18 M shares are presently shorted by private and institutional investors with about 1.3 trading days to cover.
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