Use Zimplats to protect against small markets fluctuations. The stock experiences normal downward fluctuation but is a risky buy. Check odds of Zimplats to be traded at $7.47 in 30 days
Zimplats Price and Market Media
The median price of Zimplats for the period between Tue, Feb 3, 2015 and Thu, Mar 5, 2015 is 6.76 with a coefficient of variation of 3.44. The daily time series for the period is distributed with a sample standard deviation of 0.24, arithmetic mean of 6.85, and mean deviation of 0.18. 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.
Correlation analysis and pair trading evaluation for Zimplats 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