As returns on market increase, Laboratory returns are expected to increase less than the market. However during bear market, the loss on holding Laboratory will be expected to be smaller as well.
Mark Brecher Senior Vice President Chief Medical Officer
Laboratory Price and Market Media
The median price of Laboratory for the period between Thu, Apr 25, 2013 and Sat, May 25, 2013 is 94.36 with a coefficient of variation of 3.09. The daily time series for the period is distributed with a sample standard deviation of 2.96, arithmetic mean of 95.71, and mean deviation of 2.59. The Stock received substential amount of media coverage during this period.
Laboratory Corp of America Holdings [LH] is traded on New York Stock Exchange in USA. It is located in Burlington, NC and employs 34,000 people. The company currently falls under 'Mid-Cap' category with market capitalization of 9.27 B. Laboratory Corp of America Holdings is active under Healthcare sector as part of Medical Laboratories and Research industry. This company has 92.9 M outstanding shares of which 7.96 M shares are now sold short in the market by investors with about 8.0 days to cover all shorted shares.
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