Use Telef 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 returns on market increase, Telef returns are expected to increase less than the market. However during bear market, the loss on holding Telef will be expected to be smaller as well.
M Sanz Executive Director, Member of Strategy Committee, Member of Regulation Committee, Member of Service Quality and Customer Service Committee, Chairwoman of Telefonica Europe and CEO of Telefonica Europe
Jos COO, Executive Director, Member of Executive Commission, Chairman of Telef?nica Europe and CEO of Telefonica Europe
Jose Mar Director, CEO of Telefonica Europe, Chairman of Telef?nica Europe and Director of Telef?nica Europe
Cesareo Izuel Executive Chairman, CEO and Chairman of Executive Commission
Telef Price and Market Media
The median price of Telef for the period between Mon, Apr 22, 2013 and Wed, May 22, 2013 is 10.85 with a coefficient of variation of 2.65. The daily time series for the period is distributed with a sample standard deviation of 0.29, arithmetic mean of 10.79, and mean deviation of 0.22. The Stock did not receive any noticable media coverage during the period.
Telef [TNE2] is traded on XETRA Stock Exchange in Germany. It is located in Madrid, and employs 272,598 people. The company currently falls under 'Large-Cap' category with current market capitalization of 48.86 B. Telef operates under Technology sector and is part of Wireless Communications industry. This company has 4.5 B outstanding shares.
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