TSINGTAO BREWERY H YC 1 has a volatility of 2.47 and is 2.33 times more volatile than DOW. 22%
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 H YC 1 is lower than 22 (%)
of all global equities and portfolios over the last 30 days. Use TSINGTAO BREWERY H YC 1 to enhance returns of your portfolios. The stock experiences normal upward fluctuation. Check odds of TSINGTAO BREWERY to be traded at 3.97 in 30 days
. As returns on market increase, returns on owning TSINGTAO BREWERY are expected to decrease at a much smaller rate. During bear market, TSINGTAO BREWERY is likely to outperform the market.
TSINGTAO BREWERY correlation with market
Overlapping area represents the amount of risk that can be diversified away by holding TSINGTAO BREWERY H YC 1 and equity matching DJI index in the same portfolio.