Facebook has a volatility of 4.36 and is 7.93 times more volatile than DOW. 39%
of all equities and portfolios are less risky than Facebook. Compared to the overall equity markets, volatility of historical daily returns of Facebook is lower than 39 (%)
of all global equities and portfolios over the last 30 days. Use Facebook to protect against small markets fluctuations. The stock experiences moderate downward daily trend and can be a good diversifier. Check odds of Facebook to be traded at $175.94 in 30 days
. As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Facebook will likely underperform.
Facebook correlation with market
Overlapping area represents the amount of risk that can be diversified away by holding Facebook Inc and equity matching DJI index in the same portfolio.