Use Microsoft to protect against small markets fluctuations. The stock experiences unexpected downward movement. The market is reacting to new fundamentals. Check odds of Microsoft to be traded at $40.48 in 30 days
Microsoft Price and Market Media
The median price of Microsoft for the period between Wed, Feb 4, 2015 and Fri, Mar 6, 2015 is 43.5 with a coefficient of variation of 2.36. The daily time series for the period is distributed with a sample standard deviation of 1.02, arithmetic mean of 43.08, and mean deviation of 0.79. The Stock received some media coverage during the period.
Microsoft Corporation [MSFT] is traded on NASDAQ in USA. It is located in Redmond, WA and employs 128,000 people. The company currently falls under 'Mega-Cap' category with current market capitalization of 341.28 B. Microsoft Corporation conducts business under Technology sector and is part of Business Software and Services industry. This company has 8.2 B outstanding shares of which 62.01 M shares are now shorted by private and institutional investors with about 2.1 trading days to cover.
Correlation analysis and pair trading evaluation for Microsoft and Automatic Data Proce. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return