Tsingtao Brewery Company Limited has a volatility of 3.69 and is 3.55 times more volatile than DOW. 33%
of all equities and portfolios are less risky than Tsingtao Brewery. Compared to the overall equity markets, volatility of historical daily returns of Tsingtao Brewery Company Limited is lower than 33 (%)
of all global equities and portfolios over the last 30 days. Use Tsingtao Brewery Company Limited to enhance returns of your portfolios. The stock experiences very speculative upward sentiment.. Check odds of Tsingtao Brewery to be traded at 4.72 in 30 days
. As returns on market increase, Tsingtao Brewery returns are expected to increase less than the market. However during bear market, the loss on holding Tsingtao Brewery will be expected to be smaller as well.
Tsingtao Brewery correlation with market
Overlapping area represents the amount of risk that can be diversified away by holding Tsingtao Brewery Company Limit and equity matching DJI index in the same portfolio.