Use Shristi Infrastructure 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 Shristi Infrastructure to be traded at 299.97 in 30 days
Shristi Infrastructure Daily Price Distribution
The median price of Shristi Infrastructure for the period between Mon, Aug 29, 2016 and Wed, Sep 28, 2016 is 293.91 with a coefficient of variation of 9.1. The daily time series for the period is distributed with a sample standard deviation of 25.39, arithmetic mean of 279.05, and mean deviation of 23.37. The Stock did not receive any noticable media coverage during the period.
Shristi Infrastructure Development Corporation Ltd (SHRISTI) is traded on Bombay Stock Exchange in India. It is located in D, Southern ParkNew Delhi, and employs 5 people. The company currently falls under 'Mid-Cap' category with current market capitalization of 2.5 B. Shristi Infrastructure Development Corporation Ltd has 22.2 M outstanding shares.
Correlation analysis and pair trading evaluation for Shristi Infrastructure and Tata Consultancy Ser. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return