Use Johnson to protect against small markets fluctuations. The stock experiences normal downward trend, but the immediate impact on correlations cannot be determined at the moment
Alex Gorsky Chairman, CEO, Chairman of Executive Committee and Chairman of Fin. Committee
Johnson Price and Market Media
The median price of Johnson for the period between Tue, Apr 23, 2013 and Thu, May 23, 2013 is 85.58 with a coefficient of variation of 1.58. The daily time series for the period is distributed with a sample standard deviation of 1.36, arithmetic mean of 86.08, and mean deviation of 1.15. The Stock received substential amount of media coverage during this period.
Johnson Johnson [JNJ] is traded on New York Stock Exchange in USA. It is located in New Brunswick, NJ and employs 127,600 people. The company currently falls under 'Mega-Cap' category with total capitalization of 247.43 B. Johnson Johnson runs under Healthcare sector within Drug Manufacturers - Major industry. This company has 2.81 B outstanding shares of which 89.45 M shares are currently shorted by investors with about 8.3 days to cover shorted positions.
Johnson & Johnson, together with its subsidiaries, engages in the research and development, manufacture, and sale of various solutions in the health care field worldwide. more
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