Use Zimplats Holdings to protect against small markets fluctuations. The stock experiences normal downward fluctuation but is a risky buy. Check odds of Zimplats Holdings to be traded at 3.76 in 30 days
Zimplats Holdings Daily Price Distribution
The median price of Zimplats Holdings for the period between Tue, Jul 26, 2016 and Thu, Aug 25, 2016 is 3.8 with a coefficient of variation of 26.13. The daily time series for the period is distributed with a sample standard deviation of 0.81, arithmetic mean of 3.08, and mean deviation of 0.78. The Stock did not receive any noticable media coverage during the period.
Zimplats Holdings Ltd [ZMPLF] is a Pink Sheet which is traded between independent brokers as part of over-the-counter (OTC) trading. The company currently falls under 'Mid-Cap' category with current market capitalization of 1.11 B. Zimplats Holdings Ltd has 107.64 M outstanding shares.
ZIMPLATS HOLDINGS has accumulated about 60.89 M in cash with 219.9 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.57.
Correlation analysis and pair trading evaluation for Zimplats Holdings and CASINO GUICHARD PERR. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return