As returns on market increase, Luxottica returns are expected to increase less than the market. However during bear market, the loss on holding Luxottica will be expected to be smaller as well.
The median price of Luxottica for the period between Tue, Apr 23, 2013 and Thu, May 23, 2013 is 52.77 with a coefficient of variation of 1.73. The daily time series for the period is distributed with a sample standard deviation of 0.91, arithmetic mean of 52.77, and mean deviation of 0.7. The Stock received some media coverage during the period.
Luxottica Group SpA [LUX] is traded on New York Stock Exchange in USA. It is located in Milan, MI and employs 70,000 people. The company currently falls under 'Large-Cap' category with total capitalization of 25.51 B. Luxottica Group SpA runs under Services sector within Apparel Stores industry. This company has 471.39 M outstanding shares of which 485.62 K shares are now shorted by investors with about 6.4 days to cover shorted positions.
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