True. Correlations are not modeled in here. And the fact is once shit hits the fan all correlation converge to 1. This is not a tool for helping you with that.

True. Correlations are not modeled in here. And the fact is once shit hits the fan all correlation converge to 1. This is not a tool for helping you with that. All it does is tells you - don't put more than x% in this stock. It answers a very specific question --- I like XYZ, how much should I buy?