Use First to protect against small markets fluctuations. The stock experiences normal downward trend, but the immediate impact on correlations cannot be determined at the moment
As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, First will likely underperform.
D Jordan Chairman of the Board and Presidentident, CEO of the Corporation and the Bank
Bryan Jordan Chairman, CEO and President Member of Executive and Risk Committee, Chairman of First Tennessee Bank National Association and CEO of First Tennessee Bank National Association
David Popwell President of Banking and President of Banking for First Tennessee Bank
Susan Springfield Executive Vice President Chief Credit Officer of the Corporation and the Bank
First Price and Market Media
The median price of First for the period between Tue, Apr 23, 2013 and Thu, May 23, 2013 is 10.89 with a coefficient of variation of 3.87. The daily time series for the period is distributed with a sample standard deviation of 0.42, arithmetic mean of 10.81, and mean deviation of 0.36. The Stock received substential amount of media coverage during this period.
First Horizon National Corporation [FHN] is traded on New York Stock Exchange in USA. It is located in Memphis, TN and employs 4,381 people. The company currently falls under 'Mid-Cap' category with total capitalization of 2.52 B. First Horizon National Corporation runs under Financial sector within Regional - Southeast Banks industry. This company has 241.22 M outstanding shares of which 15.55 M shares are currently shorted by investors with about 5.5 days to cover shorted positions.
First Horizon National Corporationration operates as a bank holding company for First Tennessee Bank National Association that offer various financial services in the United States and internationally. more
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