Use L Brands to protect against small markets fluctuations. The stock experiences somewhat bearish sentiment, but market may correct it shortly. Check odds of L Brands to be traded at $88.52 in 30 days
L Brands Price and Market Media
The median price of L Brands for the period between Sun, Feb 1, 2015 and Tue, Mar 3, 2015 is 91.56 with a coefficient of variation of 3.63. The daily time series for the period is distributed with a sample standard deviation of 3.28, arithmetic mean of 90.4, and mean deviation of 2.68. The Stock received some media coverage during the period.
L Brands Inc [LB] is traded on New York Stock Exchange in USA. It is located in L Brands, Inc.Columbus, OH and employs 20,800 people. The company currently falls under 'Large-Cap' category with market capitalization of 25.48 B. L Brands Inc has 292.68 M outstanding shares of which 5.14 M shares are now sold short in the market by investors with about 3.2 days to cover all shorted shares.
Correlation analysis and pair trading evaluation for L Brands and CASINO GUICHARD PERR. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return