As returns on market increase, returns on owning FAR Limited are expected to decrease by larger amounts. On the other hand, during market turmoil, FAR Limited is expected to significantly outperform it.
Use FAR Limited to protect against small markets fluctuations. The stock experiences very speculative upward sentiment.. Check odds of FAR Limited to be traded at A$0.0903 in 30 days
FAR Limited Price and Market Media
The median price of FAR Limited for the period between Tue, Jan 27, 2015 and Thu, Feb 26, 2015 is 0.095 with a coefficient of variation of 5.27. The daily time series for the period is distributed with a sample standard deviation of 0.0, arithmetic mean of 0.09, and mean deviation of 0.0. The Stock did not receive any noticable media coverage during the period.
FAR Limited [FAR] is traded on Australian Securities Exchange in Australia. It is located in Melbourne, WA and employs 14 people. The company currently falls under 'Small-Cap' category with current market capitalization of 240.29 M. FAR Limited operates under Basic Materials sector and is part of Independent Oil and Gas industry. This company has 2.7 B outstanding shares.
Correlation analysis and pair trading evaluation for FAR Limited and Woodside Petroleum. 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