DOW has a standard deviation of returns of 1.3 and is 1.04 times more volatile than HUGO BOSS AG NA O N. 11%
of all equities and portfolios are less risky than HUGO BOSS. Compared to the overall equity markets, volatility of historical daily returns of HUGO BOSS AG NA O N is lower than 11 (%)
of all global equities and portfolios over the last 30 days. Use HUGO BOSS AG NA O N 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 HUGO BOSS to be traded at 59.1 in 30 days
. As returns on market increase, HUGO BOSS returns are expected to increase less than the market. However during bear market, the loss on holding HUGO BOSS will be expected to be smaller as well.
HUGO BOSS correlation with market
Overlapping area represents the amount of risk that can be diversified away by holding HUGO BOSS AG NA O N and equity matching DJI index in the same portfolio.