Use Costco to protect against small markets fluctuations. The stock experiences normal downward trend and little activity
1 Month Beta ..........
0.72
As returns on market increase, Costco returns are expected to increase less than the market. However during bear market, the loss on holding Costco will be expected to be smaller as well.
Dennis Zook Executive Vice President and COO, Southwest and Mexico Divisions
Costco Price and Market Media
The median price of Costco for the period between Sun, Apr 22, 2012 and Tue, May 22, 2012 is 84.3 with a coefficient of variation of 2.31. The daily time series for the period is distributed with a sample standard deviation of 1.96, arithmetic mean of 84.97, and mean deviation of 1.66. The Stock received substential amount of media coverage during this period.
Costco Wholesale Corporation [COST] is traded on American Stock Exchange in USA. It is located in Issaquah, WA and employs 92,000 people. The company currently falls under 'Large-Cap' category with current market capitalization of 36.34 B. Costco Wholesale Corporation conducts business under Services sector and is part of Discount, Variety Stores industry. This company has 433.97 M outstanding shares of which 4.62 M shares are currently shorted by private and institutional investors with about 1.8 trading days to cover.
Costco Liquidity
COSTCO WHOLESALE currently holds about 5.78 B in cash with 3 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 13.33.
The company currently holds 2.28 B in liabilities with Debt to Equity (D/E) ratio of 0.18 which may suggest the company is not taking enough advantage from borrowing. Costco Wholesale Corporation has Current Ratio of 1.14 suggesting that it is in a questionable position to pay out its financial obligations when they are due.