Use Internet 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 returns on market increase, returns on owning Internet are expected to decrease by larger amounts. On the other hand, during market turmoil, Internet is expected to significantly outperform it.
Shaul Elovitch Chairman, Chairman of Eurocom Holdings and Eurocom Communications, Chairman of Bezeq and CEO of Eurocom Holdings and Eurocom Communications
Internet Price and Market Media
The median price of Internet for the period between Wed, Apr 24, 2013 and Fri, May 24, 2013 is 3.04 with a coefficient of variation of 4.49. The daily time series for the period is distributed with a sample standard deviation of 0.13, arithmetic mean of 3.01, and mean deviation of 0.12. The Stock received substential amount of media coverage during this period.
Internet Gold Golden Lines Ltd [IGLD] is traded on NASDAQ in USA. It is located in Ramat Gan, and employs 6 people. The company currently falls under 'Micro-Cap' category with current market capitalization of 55.11 M. Internet Gold Golden Lines Ltd conducts business under Technology sector and is part of Diversified Communication Services industry. This company has 19.2 M outstanding shares of which 173 shares are currently shorted by private and institutional investors with about 0.1 trading days to cover.
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