Use Ford Motor to protect against small markets fluctuations. The stock experiences moderate downward daily trend and can be a good diversifier. Check odds of Ford Motor to be traded at $11.73 in 30 days
Ford Motor Daily Price Distribution
The median price of Ford Motor for the period between Wed, Aug 31, 2016 and Fri, Sep 30, 2016 is 12.18 with a coefficient of variation of 2.18. The daily time series for the period is distributed with a sample standard deviation of 0.27, arithmetic mean of 12.3, and mean deviation of 0.24. The Stock received some media coverage during the period.
Ford Motor Co (F) is traded on New York Stock Exchange in USA. It is located in MICHIGAN, U.S.A and employs 199,000 people. Ford Motor is listed under Automobiles and Trucks category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with current capitalization of 49.24 B. Ford Motor Co operates under Consumer Goods sector and is part of Auto Manufacturers - Major industry. This company has 3.98 B outstanding shares of which 161.29 M shares are currently sold short by investors with about 4.82 days to cover all short positions.
FORD MOTOR CO has accumulated about 27.21 B in cash with 20.38 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.85.
Correlation analysis and pair trading evaluation for Ford Motor and Toyota Motor. 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