Modest 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 moderate downward daily trend and can be a good diversifier. Check odds of Nintendo to be traded at $12.93 in 30 days
Nintendo Price and Market Media
The median price of Nintendo for the period between Sat, Nov 22, 2014 and Mon, Dec 22, 2014 is 14.02 with a coefficient of variation of 3.65. The daily time series for the period is distributed with a sample standard deviation of 0.51, arithmetic mean of 13.97, and mean deviation of 0.43. The Stock received some media coverage during the period.
Nintendo Co Ltd [NTDOY] 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 13.65 B. Nintendo Co Ltd has 946.98 M outstanding shares.