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 normal downward trend, but the immediate impact on correlations cannot be determined at the moment . Check odds of Nintendo to be traded at $15.74 in 30 days
Nintendo Price and Market Media
The median price of Nintendo for the period between Mon, Jun 23, 2014 and Wed, Jul 23, 2014 is 15.37 with a coefficient of variation of 1.92. The daily time series for the period is distributed with a sample standard deviation of 0.29, arithmetic mean of 15.33, and mean deviation of 0.25. The Stock did not receive any noticable media coverage during the period.
Nintendo Co Ltd [NTDOY] is traded on OTC Market in USA. It is located in , Kamitoba HokotatechoKyoto, and employs 5,222 people. The company currently falls under 'Large-Cap' category with current market capitalization of 14.34 B. Nintendo Co Ltd has 946.99 M outstanding shares.