DOW has a standard deviation of returns of 0.55 and is 1.2 times more volatile than Mediolanum BB DWS MegaTrend Select L A. 4%
of all equities and portfolios are less risky than Mediolanum BB. Compared to the overall equity markets, volatility of historical daily returns of Mediolanum BB DWS MegaTrend Select L A is lower than 4 (%)
of all global equities and portfolios over the last 30 days. Use Mediolanum BB DWS MegaTrend Select L A to protect against small markets fluctuations. The fund experiences moderate downward daily trend and can be a good diversifier. Check odds of Mediolanum BB to be traded at 6.4 in 30 days
. As returns on market increase, returns on owning Mediolanum BB are expected to decrease at a much smaller rate. During bear market, Mediolanum BB is likely to outperform the market.
Mediolanum BB correlation with market
Overlapping area represents the amount of risk that can be diversified away by holding Mediolanum BB DWS MegaTrend Se and equity matching DJI index in the same portfolio.