Use Sonic to protect against small markets fluctuations. The stock experiences normal downward trend, but the immediate impact on correlations cannot be determined at the moment
Carolyn Cummins Vice President - Compliance, Corporate Secretary
Claudia Pedro Vice President - Investor Relations, Treasurer
Sonic Price and Market Media
The median price of Sonic for the period between Sun, Apr 21, 2013 and Tue, May 21, 2013 is 13.07 with a coefficient of variation of 2.37. The daily time series for the period is distributed with a sample standard deviation of 0.31, arithmetic mean of 12.95, and mean deviation of 0.28. The Stock received substential amount of media coverage during this period.
Sonic Corp [SONC] is traded on NASDAQ in USA. It is located in Oklahoma City, OK and employs 11,514 people. The company currently falls under 'Small-Cap' category with current market capitalization of 706.99 M. Sonic Corp conducts business under Services sector and is part of Restaurants industry. This company has 56.16 M outstanding shares of which 3.1 M shares are at this time shorted by private and institutional investors with about 5.6 trading days to cover.
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