Use Anadarko 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 ..........
1.92
As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Anadarko will likely underperform.
The median price of Anadarko for the period between Wed, Apr 25, 2012 and Fri, May 25, 2012 is 68.62 with a coefficient of variation of 5.79. The daily time series for the period is distributed with a sample standard deviation of 3.95, arithmetic mean of 68.12, and mean deviation of 3.31. The Stock received substential amount of media coverage during this period.
Anadarko Petroleum Corporation [APC] is traded on American Stock Exchange in USA. It is located in The Woodlands, TX and employs 4,800 people. The company currently falls under 'Large-Cap' category with total capitalization of 31.8 B. Anadarko Petroleum Corporation runs under Basic Materials sector within Independent Oil and Gas industry. This company has 499.57 M outstanding shares of which 6.27 M shares are presently shorted by investors with about 1.6 days to cover shorted positions.
Anadarko Liquidity
ANADARKO PETROLEU has about 2.96 B in cash with 3.11 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.92.
The company has 15.39 B in debt with debt to equity (D/E) ratio of 0.73 which is OK given its current industry classification. Anadarko Petroleum Corporation has Current Ratio of 1.74 which is typical for the industry and considered as normal.