Use Procter to protect against small markets fluctuations. The stock experiences normal downward trend, but the immediate impact on correlations cannot be determined at the moment
The median price of Procter for the period between Sat, Apr 20, 2013 and Mon, May 20, 2013 is 78.21 with a coefficient of variation of 2.08. The daily time series for the period is distributed with a sample standard deviation of 1.63, arithmetic mean of 78.61, and mean deviation of 1.28. The Stock received substential amount of media coverage during this period.
Procter Gamble Co [PG] is traded on New York Stock Exchange in USA. It is located in Cincinnati, OH and employs 126,000 people. The company currently falls under 'Mega-Cap' category with market capitalization of 213.62 B. Procter Gamble Co is active under Consumer Goods sector as part of Personal Products industry. This company has 2.74 B outstanding shares of which 21.33 M shares are at this time sold short in the market by investors with about 2.8 days to cover all shorted shares.
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