As returns on market increase, Tsingtao returns are expected to increase less than the market. However during bear market, the loss on holding Tsingtao will be expected to be smaller as well.
The median price of Tsingtao for the period between Mon, Apr 22, 2013 and Wed, May 22, 2013 is 67.55 with a coefficient of variation of 1.67. The daily time series for the period is distributed with a sample standard deviation of 1.14, arithmetic mean of 67.81, and mean deviation of 0.84. The Stock did not receive any noticable media coverage during the period.
Tsingtao Brewery Company Limited [TSGTY] is traded on OTC Market in USA. It is located in Qingdao, and employs 37,743 people. The company currently falls under 'Mid-Cap' category with current market capitalization of 9.21 B. Tsingtao Brewery Company Limited has 134.94 M outstanding shares.
Tsingtao Brewery Company Limited, together with its subsidiaries, engages in the production, distribution, wholesale, and retail sale of beer solutions in the People Republic of China. more
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