Hedging and diversification are related concepts in the sense that they both aim to reduce risk, however they do this in different ways, have different goals and are applied for different reasons.
Tag archives: Diversification
There are countless ways to quantify stock portfolio performance and risk characteristics. It is important to be able to compare your portfolio relative to a benchmark or against other portfolios. While it is impractical (and unnecessary) to understand every portfolio metric available, there are a few which are prolific throughout the professional investment industry and should be understood when analyzing portfolio performance.
We are pleased to announce that Diversify Portfolio now gives users the ability to create multiple stock portfolios. The portfolio dashboard provides key metrics across multiple portfolios which can be compared while analyzing different strategies or asset allocations.
Over the last couple weeks the $SPY has had a strong rally. Gold stocks on the other hand have largely done the opposite. Does this present an opportunity?