As returns on market increase, returns on owning Pandora are expected to decrease at a much smaller rate. During bear market, Pandora is likely to outperform the market.
The median price of Pandora for the period between Thu, Apr 25, 2013 and Sat, May 25, 2013 is 15.58 with a coefficient of variation of 7.4. The daily time series for the period is distributed with a sample standard deviation of 1.13, arithmetic mean of 15.32, and mean deviation of 1.03. The Stock received substential amount of media coverage during this period.
Pandora Media Inc [P] is traded on New York Stock Exchange in USA. It is located in Pandora Media, Inc.Oakland, CA and employs 740 people. The company currently falls under 'Mid-Cap' category with current capitalization of 2.84 B. Pandora Media Inc operates under Services sector and is part of Broadcasting - Radio industry. This company has 172.9 M outstanding shares of which 35.29 M shares are at this time sold short by investors with about 9.2 days to cover all short positions.
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