DOW has a standard deviation of returns of 1.3 and is 9.223372036854776E16 times more volatile than PSGGL-23. 0%
of all equities and portfolios are less risky than PSGGL 23. Compared to the overall equity markets, volatility of historical daily returns of PSGGL-23 is lower than 0 (%)
of all global equities and portfolios over the last 30 days. Use PSGGL-23 to protect against small markets fluctuations. The etf experiences very speculative upward sentiment.. Check odds of PSGGL 23 to be traded at S0.0 in 30 days
. As returns on market increase, PSGGL 23 returns are expected to increase less than the market. However during bear market, the loss on holding PSGGL 23 will be expected to be smaller as well.
PSGGL 23 correlation with market
Overlapping area represents the amount of risk that can be diversified away by holding PSGGL-23 and equity matching DJI index in the same portfolio.