As returns on market increase, returns on owning Iron are expected to decrease at a much smaller rate. During bear market, Iron is likely to outperform the market.
The median price of Iron for the period between Mon, May 20, 2013 and Wed, Jun 19, 2013 is 0.69 with a coefficient of variation of 4.82. The daily time series for the period is distributed with a sample standard deviation of 0.03, arithmetic mean of 0.69, and mean deviation of 0.03. The Stock did not receive any noticable media coverage during the period.
Iron Ore Holdings Limited [IOH] is traded on Australian Securities Exchange in Australia. It is located in West Perth, WA and employs 16 people. The company currently falls under 'Small-Cap' category with current market capitalization of 116.05 M. Iron Ore Holdings Limited operates under Basic Materials sector and is part of Industrial Metals and Minerals industry. This company has 161.17 M outstanding shares.
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