Caterpillar has a volatility of 1.81 and is 3.23 times more volatile than DOW. 16%
of all equities and portfolios are less risky than Caterpillar. Compared to the overall equity markets, volatility of historical daily returns of Caterpillar is lower than 16 (%)
of all global equities and portfolios over the last 30 days. Use Caterpillar to enhance returns of your portfolios. The stock experiences unexpected upward trend. Watch out for market signals. Check odds of Caterpillar to be traded at $167.21 in 30 days
. As returns on market increase, returns on owning Caterpillar are expected to decrease at a much smaller rate. During bear market, Caterpillar is likely to outperform the market.
Caterpillar correlation with market
Overlapping area represents the amount of risk that can be diversified away by holding Caterpillar Inc and equity matching DJI index in the same portfolio.