DOW has a standard deviation of returns of 0.55 and is 9.223372036854776E16 times more volatile than HERMES RES I3DUSD. 0%
of all equities and portfolios are less risky than HERMES RES. Compared to the overall equity markets, volatility of historical daily returns of HERMES RES I3DUSD is lower than 0 (%)
of all global equities and portfolios over the last 30 days. Use HERMES RES I3DUSD to protect against small markets fluctuations. The fund experiences somewhat bearish sentiment, but market may correct it shortly. Check odds of HERMES RES to be traded at $90.57 in 30 days
. As returns on market increase, returns on owning HERMES RES are expected to decrease at a much smaller rate. During bear market, HERMES RES is likely to outperform the market.
HERMES RES correlation with market
Overlapping area represents the amount of risk that can be diversified away by holding HERMES RES I3DUSD and equity matching DJI index in the same portfolio.