Use CocaCola to protect against small markets fluctuations. The stock experiences normal downward trend, but the immediate impact on correlations cannot be determined at the moment
Unless we do not have data at the moment the returns on S&P 500 and CocaCola are completely uncorrelated
CocaCola Hellenic Bottling Company SA [CCH] is traded on New York Stock Exchange in USA. It is located in Zug, and employs 39,736 people. The company currently falls under 'Mid-Cap' category with total capitalization of 8.71 B. CocaCola Hellenic Bottling Company SA runs under Consumer Goods sector within Beverages - Soft Drinks industry. This company has 363.12 M outstanding shares of which 161.92 K shares are currently shorted by investors with about 0.1 days to cover shorted positions.
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