Use Yahoo 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, Yahoo will likely underperform.
Michael Barrett Executive Vice President Chief Revenue Officer
Yahoo Price and Market Media
The median price of Yahoo for the period between Thu, Apr 18, 2013 and Sat, May 18, 2013 is 5.95 with a coefficient of variation of 82.65. The daily time series for the period is distributed with a sample standard deviation of 7.43, arithmetic mean of 8.99, and mean deviation of 5.17. The Stock did not receive any noticable media coverage during the period.
Yahoo! Inc [YHOO] is traded on Buenos-Aires Stock Exchange in Argentina. It is located in Sunnyvale, CA and employs 11,700 people. The company currently falls under 'Large-Cap' category with current market capitalization of 27.43 B. Yahoo! Inc operates under Technology sector and is part of Internet Information Providers industry. This company has 1.11 B outstanding shares.
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