Good diversificationOverlapping area represents amount of risk that can be diversified away by holding Medical Marijuana Inc. and equity matching NYA index in the same portfolio
Medical Diversification Suggestion
Use Medical to protect against small markets fluctuations. The stock experiences normal downward fluctuation but is a risky buy. Check odds of Medical to be traded at 0.1584 in 30 days
Medical Price and Market Media
The median price of Medical for the period between Thu, Oct 30, 2014 and Sat, Nov 29, 2014 is 0.15 with a coefficient of variation of 10.35. The daily time series for the period is distributed with a sample standard deviation of 0.02, arithmetic mean of 0.15, and mean deviation of 0.01. The Stock did not receive any noticable media coverage during the period.
Medical Marijuana Inc [MJNA] is a Pink Sheet which is traded between brokers as part of OTC trading. The company currently falls under 'Micro-Cap' category with current market capitalization of 33.4 M. Medical Marijuana Inc has 552.97 M outstanding shares.