DOW has a standard deviation of returns of 1.02 and is 9.223372036854776E16 times more volatile than PIBOX-77. 0%
of all equities and portfolios are less risky than PIBOX 77. Compared to the overall equity markets, volatility of historical daily returns of PIBOX-77 is lower than 0 (%)
of all global equities and portfolios over the last 30 days. Use PIBOX-77 to protect against small markets fluctuations. The etf experiences moderate downward daily trend and can be a good diversifier. Check odds of PIBOX 77 to be traded at S2442.39 in 30 days
. As returns on market increase, PIBOX 77 returns are expected to increase less than the market. However during bear market, the loss on holding PIBOX 77 will be expected to be smaller as well.
PIBOX 77 correlation with market
Overlapping area represents the amount of risk that can be diversified away by holding PIBOX-77 and equity matching DJI index in the same portfolio.