DOW has a standard deviation of returns of 0.51 and is 1.24 times more volatile than Davy Ethical Equity A EUR Acc. 3%
of all equities and portfolios are less risky than Davy Ethical. Compared to the overall equity markets, volatility of historical daily returns of Davy Ethical Equity A EUR Acc is lower than 3 (%)
of all global equities and portfolios over the last 30 days. Use Davy Ethical Equity A EUR Acc to protect against small markets fluctuations. The fund experiences normal downward trend and little activity. Check odds of Davy Ethical to be traded at 212.02 in 30 days
. As returns on market increase, Davy Ethical returns are expected to increase less than the market. However during bear market, the loss on holding Davy Ethical will be expected to be smaller as well.
Davy Ethical correlation with market
Overlapping area represents the amount of risk that can be diversified away by holding Davy Ethical Equity A EUR Acc and equity matching DJI index in the same portfolio.