DOW has a standard deviation of returns of 0.46 and is 9.223372036854776E16 times more volatile than 24478280. 0%
of all equities and portfolios are less risky than 24478280. Compared to the overall equity markets, volatility of historical daily returns of 24478280 is lower than 0 (%)
of all global equities and portfolios over the last 30 days. Use 24478280 to protect against small markets fluctuations. The fund experiences somewhat bearish sentiment, but market may correct it shortly. Check odds of 24478280 to be traded at $9.65 in 30 days
. As returns on market increase, returns on owning 24478280 are expected to decrease at a much smaller rate. During bear market, 24478280 is likely to outperform the market.
24478280 correlation with market
Overlapping area represents the amount of risk that can be diversified away by holding 24478280 and equity matching DJI index in the same portfolio.