Use Austevoll Seafood to protect against small markets fluctuations. The stock experiences unexpected downward movement. The market is reacting to new fundamentals. Check odds of Austevoll Seafood to be traded at 60.0 in 30 days
Austevoll Seafood Daily Price Distribution
The median price of Austevoll Seafood for the period between Mon, Aug 29, 2016 and Wed, Sep 28, 2016 is 64.5 with a coefficient of variation of 2.51. The daily time series for the period is distributed with a sample standard deviation of 1.61, arithmetic mean of 64.14, and mean deviation of 1.24. The Stock did not receive any noticable media coverage during the period.
Austevoll Seafood ASA (AUSS) is traded on Oslo Stock Exchange in Norway. It is located in Storeb, and employs 4,026 people. The company currently falls under 'Large-Cap' category with current market capitalization of 12.86 B. Austevoll Seafood ASA operates under Consumer Goods sector and is part of Food - Major Diversified industry. This company has 201 M outstanding shares.
AUSTEVOLL SEAFOOD has accumulated about 4.98 B in cash with 2.31 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 24.77.
Correlation analysis and pair trading evaluation for Austevoll Seafood and ORKLA. 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