Use National Security to protect against small markets fluctuations. The stock experiences unexpected downward movement. The market is reacting to new fundamentals. Check odds of National Security to be traded at $17.62 in 30 days
National Security Daily Price Distribution
The median price of National Security for the period between Sat, Aug 27, 2016 and Mon, Sep 26, 2016 is 19.79 with a coefficient of variation of 2.52. The daily time series for the period is distributed with a sample standard deviation of 0.49, arithmetic mean of 19.48, and mean deviation of 0.4. The Stock did not receive any noticable media coverage during the period.
National Security Group Inc (NSEC) is traded on NASDAQ General Markets in USA. It is located in ALABAMA, U.S.A and employs 85 people. National Security is listed under Insurance category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with current market capitalization of 46.19 M. National Security Group Inc conducts business under Financial sector and is part of Property and Casualty Insurance industry. This company has 2.52 M outstanding shares of which 1.88 K shares are now shorted by private and institutional investors with about 1.51 trading days to cover.
NATL SECURITY GP currently holds about 4.17 M in cash with 5.14 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.66.
The company currently holds 19.5 M in liabilities with Debt to Equity (D/E) ratio of 0.4 which is about average as compared to similar companies. National Security Group Inc has Current Ratio of 0.42 indicating that it has a negative working capital and may not be able to pay financial obligations when they are due.
About 40.0% of National Security Group Inc outstanding shares are owned by corporate insiders
Correlation analysis and pair trading evaluation for National Security and American International. 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