DOW has a standard deviation of returns of 0.6 and is 9.223372036854776E16 times more volatile than Cadus Corporation. 0%
of all equities and portfolios are less risky than Cadus. Compared to the overall equity markets, volatility of historical daily returns of Cadus Corporation is lower than 0 (%)
of all global equities and portfolios over the last 30 days. Use Cadus Corporation to protect against small markets fluctuations. The stock experiences normal downward trend, but the immediate impact on correlations cannot be determined at the moment . Check odds of Cadus to be traded at $1.584 in 30 days
. As returns on market increase, Cadus returns are expected to increase less than the market. However during bear market, the loss on holding Cadus will be expected to be smaller as well.
Cadus correlation with market
Overlapping area represents the amount of risk that can be diversified away by holding Cadus Corp. and equity matching DJI index in the same portfolio.