Use MAKO to protect against small markets fluctuations. The stock experiences normal downward trend, but the immediate impact on correlations cannot be determined at the moment
As returns on market increase, MAKO returns are expected to increase less than the market. However during bear market, the loss on holding MAKO will be expected to be smaller as well.
Fritz LaPorte CFO, Senior Vice President - Finance and Administration, Treasurer
MAKO Price and Market Media
The median price of MAKO for the period between Wed, Apr 24, 2013 and Fri, May 24, 2013 is 11.0 with a coefficient of variation of 4.79. The daily time series for the period is distributed with a sample standard deviation of 0.53, arithmetic mean of 11.0, and mean deviation of 0.42. The Stock received substential amount of media coverage during this period.
MAKO Surgical Corp [MAKO] is traded on NASDAQ in USA. It is located in Fort Lauderdale, FL and employs 436 people. The company currently falls under 'Small-Cap' category with current market capitalization of 498.16 M. MAKO Surgical Corp conducts business under Healthcare sector and is part of Medical Appliances and Equipment industry. This company has 46.6 M outstanding shares of which 11.89 M shares are now shorted by private and institutional investors with about 12.0 trading days to cover.
MAKO Surgical Corporation, a medical device company, markets its advanced robotic arm solution, joint specific applications for the knee and hip, and orthopedic implants for orthopedic procedures in the United States and internationally. more
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