DOW has a standard deviation of returns of 0.42 and is 9.223372036854776E16 times more volatile than KOTAKPSUB. 0%
of all equities and portfolios are less risky than KOTAKPSUB. Compared to the overall equity markets, volatility of historical daily returns of KOTAKPSUB is lower than 0 (%)
of all global equities and portfolios over the last 30 days. Use KOTAKPSUB 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 KOTAKPSUB to be traded at 271.86 in 30 days
. As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, KOTAKPSUB will likely underperform.
KOTAKPSUB correlation with market
Very weak diversification
Overlapping area represents the amount of risk that can be diversified away by holding KOTAKPSUB and equity matching DJI index in the same portfolio.