Use American to protect against small markets fluctuations. The stock experiences normal downward trend, but the immediate impact on correlations cannot be determined at the moment
1 Month Beta ..........
2.51
As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, American will likely underperform.
Sid Sankaran Chief Risk Officer, Senior Vice President
American Price and Market Media
The median price of American for the period between Wed, Apr 25, 2012 and Fri, May 25, 2012 is 31.75 with a coefficient of variation of 6.61. The daily time series for the period is distributed with a sample standard deviation of 2.09, arithmetic mean of 31.63, and mean deviation of 1.71. The Stock received substential amount of media coverage during this period.
American International Group Inc. [AIG] is traded on American Stock Exchange in USA. It is located in American International Group, Inc.New York, NY and employs 57,000 people. The company currently falls under 'Large-Cap' category with total capitalization of 52.76 B. American International Group Inc. runs under Financial sector within Property and Casualty Insurance industry. This company has 1.79 B outstanding shares of which 13.69 M shares are presently shorted by investors with about 1.0 days to cover shorted positions.
American Liquidity
AMER INTL GROUP I has about 46.71 B in cash with 5.24 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 26.04.
The company has 77.5 B in debt with debt to equity (D/E) ratio of 0.74 which is OK given its current industry classification. American International Group Inc. has Current Ratio of 0.92 suggesting that it has not enough short term capital to pay financial commitments when the payables are due.