Eros International Plc has a volatility of 2.83 and is 4.49 times more volatile than DOW. 26%
of all equities and portfolios are less risky than Eros International. Compared to the overall equity markets, volatility of historical daily returns of Eros International Plc is lower than 26 (%)
of all global equities and portfolios over the last 30 days. Use Eros International Plc to protect against small markets fluctuations. The stock experiences somewhat bearish sentiment, but market may correct it shortly. Check odds of Eros International to be traded at $13.29 in 30 days
. As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Eros International will likely underperform.
Eros International correlation with market
Overlapping area represents the amount of risk that can be diversified away by holding Eros International Plc and equity matching DJI index in the same portfolio.