Use Exxon to enhance returns of your portfolios. The stock experiences normal upward fluctuation. Check odds of Exxon to be traded at $91.44 in 30 days
Exxon Daily Price Distribution
The median price of Exxon for the period between Mon, Sep 26, 2016 and Wed, Oct 26, 2016 is 86.91 with a coefficient of variation of 1.06. The daily time series for the period is distributed with a sample standard deviation of 0.92, arithmetic mean of 86.79, and mean deviation of 0.5. The Stock received some media coverage during the period.
Exxon Mobil Corporation (XOM) is traded on New York Stock Exchange in USA. It is located in TEXAS, U.S.A and employs 73,500 people. Exxon is listed under Coal category by Fama And French industry classification. The company currently falls under 'Mega-Cap' category with total capitalization of 359.18 B. Exxon Mobil Corporation runs under Basic Materials sector within Major Integrated Oil and Gas industry. This company has 4.15 B outstanding shares of which 54.17 M shares are at this time shorted by investors with about 4.61 days to cover shorted positions.
EXXON MOBIL CP has about 4.36 B in cash with 22.88 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.05.
The company has 44.47 B in debt with debt to equity (D/E) ratio of 0.25 which may show that the company is not taking advantage of profits from borrowing. Exxon Mobil Corporation has Current Ratio of 0.87 suggesting that it has not enough short term capital to pay financial commitments when the payables are due.
Correlation analysis and pair trading evaluation for Exxon and Petrleo Brasileiro SA. 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