Old Mutual European Best Ideas has a volatility of 2.3 and is 4.04 times more volatile than DOW. 21%
of all equities and portfolios are less risky than Old Mutual. Compared to the overall equity markets, volatility of historical daily returns of Old Mutual European Best Ideas is lower than 21 (%)
of all global equities and portfolios over the last 30 days. Use Old Mutual European Best Ideas to protect against small markets fluctuations. The fund experiences unexpected downward movement. The market is reacting to new fundamentals. Check odds of Old Mutual to be traded at p;1853.76 in 30 days
. As returns on market increase, returns on owning Old Mutual are expected to decrease by larger amounts. On the other hand, during market turmoil, Old Mutual is expected to significantly outperform it.
Old Mutual correlation with market
Very good diversification
Overlapping area represents the amount of risk that can be diversified away by holding Old Mutual European Best Ideas and equity matching DJI index in the same portfolio.