As returns on market increase, Precision returns are expected to increase less than the market. However during bear market, the loss on holding Precision will be expected to be smaller as well.
Roger Cooke Senior Vice President General Counsel, Secretary
Ruth Beyer Senior Vice President General Counsel, Secretary
Kevin Stein Executive VP and President of Fastener Products and PCC Structurals
Precision Price and Market Media
The median price of Precision for the period between Tue, Apr 23, 2013 and Thu, May 23, 2013 is 193.52 with a coefficient of variation of 5.66. The daily time series for the period is distributed with a sample standard deviation of 11.28, arithmetic mean of 199.33, and mean deviation of 10.75. The Stock received substential amount of media coverage during this period.
Precision Castparts Corp [PCP] is traded on New York Stock Exchange in USA. It is located in Portland, OR and employs 20,780 people. The company currently falls under 'Large-Cap' category with total capitalization of 31 B. Precision Castparts Corp runs under Industrial Goods sector within Metal Fabrication industry. This company has 146.45 M outstanding shares of which 783.22 K shares are at this time shorted by investors with about 1.3 days to cover shorted positions.
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