As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Google will likely underperform.
The median price of Google for the period between Sat, Apr 20, 2013 and Mon, May 20, 2013 is 857.23 with a coefficient of variation of 4.48. The daily time series for the period is distributed with a sample standard deviation of 38.07, arithmetic mean of 850.45, and mean deviation of 33.32. The Stock received substential amount of media coverage during this period.
Google Inc [GOOG] is traded on NASDAQ in USA. It is located in Mountain View, CA and employs 53,891 people. The company currently falls under 'Mega-Cap' category with current market capitalization of 301.64 B. Google Inc conducts business under Technology sector and is part of Internet Information Providers industry. This company has 331.77 M outstanding shares of which 3.56 M shares are currently shorted by private and institutional investors with about 1.7 trading days to cover.
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