DOW has a standard deviation of returns of 1.06 and is 9.223372036854776E16 times more volatile than Bet Shemesh Engines Holdings Ltd. 0%
of all equities and portfolios are less risky than Bet Shemesh. Compared to the overall equity markets, volatility of historical daily returns of Bet Shemesh Engines Holdings Ltd is lower than 0 (%)
of all global equities and portfolios over the last 30 days. Use Bet Shemesh Engines Holdings Ltd to protect against small markets fluctuations. The stock experiences somewhat bearish sentiment, but market may correct it shortly. Check odds of Bet Shemesh to be traded at 3183.54 in 30 days
. As returns on market increase, Bet Shemesh returns are expected to increase less than the market. However during bear market, the loss on holding Bet Shemesh will be expected to be smaller as well.
Bet Shemesh correlation with market
Overlapping area represents the amount of risk that can be diversified away by holding Bet Shemesh Engines Holdings L and equity matching DJI index in the same portfolio.