Use Chubb to protect against small markets fluctuations. The stock experiences normal downward trend, but the immediate impact on correlations cannot be determined at the moment
The median price of Chubb for the period between Tue, May 21, 2013 and Thu, Jun 20, 2013 is 87.11 with a coefficient of variation of 1.02. The daily time series for the period is distributed with a sample standard deviation of 0.89, arithmetic mean of 87.07, and mean deviation of 0.73. The Stock received substential amount of media coverage during this period.
The Chubb Corporation [CB] is traded on New York Stock Exchange in USA. It is located in Warren, NJ and employs 10,200 people. The company currently falls under 'Large-Cap' category with market capitalization of 22.81 B. The Chubb Corporation is active under Financial sector as part of Property and Casualty Insurance industry. This company has 259.17 M outstanding shares of which 2.15 M shares are currently sold short in the market by investors with about 2.3 days to cover all shorted shares.
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