Use GBST Holdings to protect against small markets fluctuations. The stock experiences unexpected downward movement. The market is reacting to new fundamentals. Check odds of GBST Holdings to be traded at A$3.63 in 30 days
GBST Holdings Daily Price Distribution
The median price of GBST Holdings for the period between Fri, Sep 23, 2016 and Sun, Oct 23, 2016 is 4.2 with a coefficient of variation of 4.42. The daily time series for the period is distributed with a sample standard deviation of 0.18, arithmetic mean of 4.15, and mean deviation of 0.16. The Stock did not receive any noticable media coverage during the period.
GBST Holdings Limited (GBT) is traded on Australian Securities Exchange in Australia. It is located in Brisbane, QLD and employs 530 people. The company currently falls under 'Small-Cap' category with current market capitalization of 256.51 M. GBST Holdings Limited operates under Technology sector and is part of Information Technology Services industry. This company has 67.86 M outstanding shares.
GBST HLDGS has accumulated about 9.01 M in cash with 11.94 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.13.
Correlation analysis and pair trading evaluation for GBST Holdings and Computershare Limited. 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