Use Shanda to enhance returns of your portfolios. The stock experiences normal upward fluctuation
1 Month Beta ..........
1.94
As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Shanda will likely underperform.
The median price of Shanda for the period between Thu, Apr 26, 2012 and Sat, May 26, 2012 is 4.81 with a coefficient of variation of 8.87. The daily time series for the period is distributed with a sample standard deviation of 0.42, arithmetic mean of 4.74, and mean deviation of 0.38. The Stock received some media coverage during the period.
Shanda Games Limited [GAME] is traded on American Stock Exchange in USA. It is located in Shanghai, and employs 2,518 people. The company currently falls under 'Mid-Cap' category with current market capitalization of 1.2 B. Shanda Games Limited conducts business under Technology sector and is part of Multimedia and Graphics Software industry. This company has 280.15 M outstanding shares of which 760.29 K shares are currently shorted by private and institutional investors with about 1.6 trading days to cover.
Shanda Liquidity
Shanda Games Limi currently holds about 638.97 M in cash with 220.84 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.28.
The company currently holds 135.56 M in liabilities with Debt to Equity (D/E) ratio of 0.24 which may suggest the company is not taking enough advantage from borrowing. Shanda Games Limited has Current Ratio of 1.42 which is within standard range for the sector.