Use Family to protect against small markets fluctuations. The stock experiences normal downward trend, but the immediate impact on correlations cannot be determined at the moment
The median price of Family for the period between Wed, Apr 24, 2013 and Fri, May 24, 2013 is 63.14 with a coefficient of variation of 1.8. The daily time series for the period is distributed with a sample standard deviation of 1.14, arithmetic mean of 63.09, and mean deviation of 0.89. The Stock received substential amount of media coverage during this period.
Family Dollar Stores Inc [FDO] is traded on New York Stock Exchange in USA. It is located in Matthews, NC and employs 33,000 people. The company currently falls under 'Mid-Cap' category with total capitalization of 7.17 B. Family Dollar Stores Inc runs under Services sector within Discount, Variety Stores industry. This company has 114.95 M outstanding shares of which 4.84 M shares are currently shorted by investors with about 3.4 days to cover shorted positions.
Family Dollar Stores, Inc. operates a chain of selfservice retail discount stores primarily for low and middleincome consumers in the United States. more
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