As returns on market increase, AlcatelLucent returns are expected to increase less than the market. However during bear market, the loss on holding AlcatelLucent will be expected to be smaller as well.
Use AlcatelLucent to protect against small markets fluctuations. The stock experiences unexpected downward movement. The market is reacting to new fundamentals. Check odds of AlcatelLucent to be traded at $3.31 in 30 days
AlcatelLucent Price and Market Media
The median price of AlcatelLucent for the period between Thu, Jan 1, 2015 and Sat, Jan 31, 2015 is 3.45 with a coefficient of variation of 3.04. The daily time series for the period is distributed with a sample standard deviation of 0.1, arithmetic mean of 3.43, and mean deviation of 0.09. The Stock received some media coverage during the period.
AlcatelLucent [ALU] is traded on New York Stock Exchange in USA. It is located in Paris, and employs 62,311 people. The company currently falls under 'Mid-Cap' category with total capitalization of 9.96 B. AlcatelLucent runs under Technology sector within Communication Equipment industry. This company has 2.77 B outstanding shares of which 13.31 M shares are presently shorted by investors with about 1.7 days to cover shorted positions.
Correlation analysis and pair trading evaluation for AlcatelLucent and QUALCOMM Incorporated. 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