Use Crown to protect against small markets fluctuations. The stock experiences unexpected downward movement. The market is reacting to new fundamentals
As returns on market increase, Crown returns are expected to increase less than the market. However during bear market, the loss on holding Crown will be expected to be smaller as well.
Rowen (Han) CEO, Managing Director, Director, Member of Risk Management Committee, Member of Occupational Health, Safety and Environment Committee, Member of Investment Committee and Member of Responsible Gaming Committee
Rowen Craigie CEO, Managing Director, Executive Director
Crown Price and Market Media
The median price of Crown for the period between Tue, May 21, 2013 and Thu, Jun 20, 2013 is 12.59 with a coefficient of variation of 2.54. The daily time series for the period is distributed with a sample standard deviation of 0.32, arithmetic mean of 12.57, and mean deviation of 0.27. The Stock did not receive any noticable media coverage during the period.
Crown Limited [CWN] is traded on Australian Securities Exchange in Australia. It is located in Southbank, VIC and employs 11,300 people. The company currently falls under 'Mid-Cap' category with current market capitalization of 9.34 B. Crown Limited operates under Services sector and is part of Resorts and Casinos industry. This company has 728.34 M outstanding shares.
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