As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Tidewater will likely underperform.
The median price of Tidewater for the period between Wed, Apr 24, 2013 and Fri, May 24, 2013 is 55.41 with a coefficient of variation of 4.94. The daily time series for the period is distributed with a sample standard deviation of 2.7, arithmetic mean of 54.66, and mean deviation of 2.23. The Stock received substential amount of media coverage during this period.
Tidewater Inc [TDW] is traded on New York Stock Exchange in USA. It is located in New Orleans, LA and employs 7,650 people. The company currently falls under 'Mid-Cap' category with total capitalization of 2.79 B. Tidewater Inc runs under Services sector within Shipping industry. This company has 49.16 M outstanding shares of which 5.16 M shares are at this time shorted by investors with about 6.3 days to cover shorted positions.
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