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
As returns on market increase, American returns are expected to increase less than the market. However during bear market, the loss on holding American will be expected to be smaller as well.
The median price of American for the period between Tue, May 21, 2013 and Thu, Jun 20, 2013 is 0.5 with a coefficient of variation of 10.02. The daily time series for the period is distributed with a sample standard deviation of 0.05, arithmetic mean of 0.48, and mean deviation of 0.04. The Stock did not receive any noticable media coverage during the period.
American Oriental Bioengineering Inc [AOB] is traded on American Stock Exchange in USA. It is located in Beijing, and employs 4,295 people. The company currently falls under 'Micro-Cap' category with total capitalization of 59.66 M. American Oriental Bioengineering Inc has 39.25 M outstanding shares of which 725.51 K shares are presently shorted by investors with about 7.4 days to cover shorted positions.
American Oriental Bioengineering, Inc. engages in the development, manufacture, and commercialization of a range of pharmaceutical and healthcare products. more
Click "OK" to permanently delete this portfolio. Click "Cancel" if you have changed your mind.
Report was successfully generated
You can either (1) right-mouth click the image to download it to your local drive or simply (2) copy and paste the
image data below to include picture of this graph on your web page without downloading the image file
Copy and paste above text right to your web page html
Macroaxis is user-driven community of investors. We appreciate any feedback or comment you can provide.
Please fill out our quick survey to help us provide your with a better service and user experience
Most of the functionality on our site is free to use.
However we do provide premium service to sophisticated investors. Our premium subscription will give you unprecedented
capabilities to optimize your portfolios using robust financial analysis toolkit, fast mean-variance optimization engine, and proven portfolio theory
-1.39% 
Equity Search
Advanced Search
Market Screener
Adviser Directory
Suggest Portfolio
Backtest Watchlist
Analyze Correlations
View Transactions
Check Volatility
Import Equities
Advice
