DNB ASA has a volatility of 1.76 and is 3.03 times more volatile than DOW. 16%
of all equities and portfolios are less risky than DNB ASA. Compared to the overall equity markets, volatility of historical daily returns of DNB ASA is lower than 16 (%)
of all global equities and portfolios over the last 30 days. Use DNB ASA to enhance returns of your portfolios. The stock experiences large bullish trend. Check odds of DNB ASA to be traded at $21.62 in 30 days
. As returns on market increase, DNB ASA returns are expected to increase less than the market. However during bear market, the loss on holding DNB ASA will be expected to be smaller as well.
DNB ASA correlation with market
Overlapping area represents the amount of risk that can be diversified away by holding DNB ASA and equity matching DJI index in the same portfolio.