Beta accounts for the differences in volatility (standard deviation) between the return series of each asset and the Total Market
Assets are moving in sync with the market if their beta is close to 1
The largecap equities of the selection (>$10 bn) - in a range of 0.9< asset beta < 1.05 - are an approximation of total market volatility, as defined by the Pininvest 1200 index
To index performance over time, the targetted long term price trend of each selected asset will be strong - with an average monthly price outpacing the one-year trend
Assets in the selection, updated dynamically as the asset prices vary day-by-day, should always be evaluated on a case-by-case basis - to account for special events such as mergers or reverse splits
To enter consideration as potential investment, the Impact feature of Pininvest portfolio management will evaluate the potential shift in performance, risk and distribution for the portfolio