Use York to protect against small markets fluctuations. The stock experiences normal downward trend, but the immediate impact on correlations cannot be determined at the moment
The median price of York for the period between Tue, Apr 23, 2013 and Thu, May 23, 2013 is 18.72 with a coefficient of variation of 1.1. The daily time series for the period is distributed with a sample standard deviation of 0.2, arithmetic mean of 18.66, and mean deviation of 0.17. The Stock received substential amount of media coverage during this period.
The York Water Company [YORW] is traded on NASDAQ in USA. It is located in York, PA and employs 105 people. The company currently falls under 'Small-Cap' category with current market capitalization of 240.79 M. The York Water Company conducts business under Utilities sector and is part of Water Utilities industry. This company has 12.93 M outstanding shares of which 202.96 K shares are at this time shorted by private and institutional investors with about 11.2 trading days to cover.
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