Cortland Bancorp has a volatility of 1.61 and is 2.73 times more volatile than DOW. 14%
of all equities and portfolios are less risky than Cortland Bancorp. Compared to the overall equity markets, volatility of historical daily returns of Cortland Bancorp is lower than 14 (%)
of all global equities and portfolios over the last 30 days. Use Cortland Bancorp to enhance returns of your portfolios. The otc stock experiences normal upward fluctuation. Check odds of Cortland Bancorp to be traded at $24.83 in 30 days
. As returns on market increase, returns on owning Cortland Bancorp are expected to decrease at a much smaller rate. During bear market, Cortland Bancorp is likely to outperform the market.
Cortland Bancorp correlation with market
Very good diversification
Overlapping area represents the amount of risk that can be diversified away by holding Cortland Bancorp and equity matching DJI index in the same portfolio.