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, in a range >0.9 and <1.05
With low volatility constituents, the selection benefits from diversification in an approximation of total market volatility, as defined by the Pininvest 1200 index
The targeted long term price momentum of each selected asset remains strong - with average monthly asset 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 portfolio investment, the Impact feature of Pininvest portfolio management will evaluate the potential shift in performance, risk and distribution for the portfolio