Good diversificationOverlapping area represents amount of risk that can be diversified away by holding Nintendo Co. Ltd. and equity matching NYA index in the same portfolio
Nintendo Diversification Suggestion
Use Nintendo to protect against small markets fluctuations. The stock experiences unexpected downward movement. The market is reacting to new fundamentals. Check odds of Nintendo to be traded at $102.65 in 30 days
Nintendo Price and Market Media
The median price of Nintendo for the period between Wed, Nov 19, 2014 and Fri, Dec 19, 2014 is 113.25 with a coefficient of variation of 2.7. The daily time series for the period is distributed with a sample standard deviation of 3.04, arithmetic mean of 112.7, and mean deviation of 2.49. The Stock did not receive any noticable media coverage during the period.
Nintendo Co Ltd [NTDOF] is traded on OTC Market in USA. It is located in Kyoto, and employs 5,213 people. The company currently falls under 'Large-Cap' category with current market capitalization of 13.7 B. Nintendo Co Ltd has 118.37 M outstanding shares.