As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Libbey will likely underperform.
The median price of Libbey for the period between Wed, Apr 24, 2013 and Fri, May 24, 2013 is 20.85 with a coefficient of variation of 4.99. The daily time series for the period is distributed with a sample standard deviation of 1.02, arithmetic mean of 20.37, and mean deviation of 0.89. The Stock received substential amount of media coverage during this period.
Libbey Inc [LBY] is traded on American Stock Exchange in USA. It is located in Toledo, OH and employs 6,663 people. The company currently falls under 'Small-Cap' category with total capitalization of 398.84 M. Libbey Inc runs under Consumer Goods sector within Housewares and Accessories industry. This company has 21.11 M outstanding shares of which 343.54 K shares are now shorted by investors with about 5.0 days to cover shorted positions.
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