Cadiz has a volatility of 0.74 and is 1.28 times more volatile than DOW. 6%
of all equities and portfolios are less risky than Cadiz. Compared to the overall equity markets, volatility of historical daily returns of Cadiz is lower than 6 (%)
of all global equities and portfolios over the last 30 days. Use Cadiz to protect against small markets fluctuations. The stock experiences somewhat bearish sentiment, but market may correct it shortly. Check odds of Cadiz to be traded at $12.66 in 30 days
. As returns on market increase, returns on owning Cadiz are expected to decrease at a much smaller rate. During bear market, Cadiz is likely to outperform the market.
Cadiz correlation with market
Overlapping area represents the amount of risk that can be diversified away by holding Cadiz Inc and equity matching DJI index in the same portfolio.