As returns on market increase, returns on owning AirMedia are expected to decrease at a much smaller rate. During bear market, AirMedia is likely to outperform the market.
Ping Sun CFO and Principal Accounting Officer, MBA
AirMedia Price and Market Media
The median price of AirMedia for the period between Fri, Apr 19, 2013 and Sun, May 19, 2013 is 1.77 with a coefficient of variation of 4.42. The daily time series for the period is distributed with a sample standard deviation of 0.08, arithmetic mean of 1.77, and mean deviation of 0.06. The Stock received some media coverage during the period.
AirMedia Group Inc [AMCN] is traded on NASDAQ in USA. It is located in Beijing, and employs 723 people. The company currently falls under 'Micro-Cap' category with current market capitalization of 98.04 M. AirMedia Group Inc conducts business under Services sector and is part of Marketing Services industry. This company has 61.28 M outstanding shares of which 18.57 K shares are presently shorted by private and institutional investors with about 0.3 trading days to cover.
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