DOW has a standard deviation of returns of 1.2 and is 9.223372036854776E16 times more volatile than TELESYS SOFTWARE LTD. 0%
of all equities and portfolios are less risky than TELESYS SOFTWARE. Compared to the overall equity markets, volatility of historical daily returns of TELESYS SOFTWARE LTD is lower than 0 (%)
of all global equities and portfolios over the last 30 days. Use TELESYS SOFTWARE LTD 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 TELESYS SOFTWARE to be traded at 3.3 in 30 days
. The returns on DOW and TELESYS SOFTWARE are completely uncorrelated
TELESYS SOFTWARE correlation with market
Very good diversification
Overlapping area represents the amount of risk that can be diversified away by holding TELESYS SOFTWARE LTD and equity matching DJI index in the same portfolio.