An idea to cope with Novacyt's volatility29 Oct 2020 15:58
Many people may like Novacyt's prospects, but find the tremendous volatility in its share price difficult to live with. The Stockopedia website at present says Novacyt's one-year volatility is about 165%, which is huge compared to most other stocks. A possible approach to coping with this is to combine a holding in Novacyt with holdings in one or more of the following low-volatility multi-asset investment trusts:
Capital Gearing Trust, CGT (one-year volatility about 10%).
Personal Assets Trust, PNL (one-year volatility about 10%).
Ruffer Investment Company, RICA (one-year volatility about 16%).
All volatility figures are according to Stockopedia.
This is just an idea, not a recommendation!