Use SunTrust to protect against small markets fluctuations. The stock experiences normal downward trend, but the immediate impact on correlations cannot be determined at the moment
As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, SunTrust will likely underperform.
Raymond Fortin Corporate Executive Vice President General Counsel, Corporate Secretary
SunTrust Price and Market Media
The median price of SunTrust for the period between Wed, Apr 24, 2013 and Fri, May 24, 2013 is 30.54 with a coefficient of variation of 3.76. The daily time series for the period is distributed with a sample standard deviation of 1.14, arithmetic mean of 30.42, and mean deviation of 0.97. The Stock received some media coverage during the period.
SunTrust Banks Inc [STI] is traded on New York Stock Exchange in USA. It is located in SunTrust Banks, Inc.Peachtree Street, N.E.Atlanta, GA and employs 26,778 people. The company currently falls under 'Large-Cap' category with total capitalization of 17.08 B. SunTrust Banks Inc runs under Financial sector within Money Center Banks industry. This company has 535.68 M outstanding shares of which 15.24 M shares are at this time shorted by investors with about 2.4 days to cover shorted positions.
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