China Life Standard Deviation
| CILJF Stock | | | USD 3.58 -0.05 -1.38% |
Historical market data for China Life Insurance forms the basis of the Standard Deviation indicator shown here. Coverage may vary depending on data availability and normalization methods. China Life has a market cap of 114.63 B, operating margin of 5.37%, ROE of 7.47%. For allocation context, review
Trending Equities. This captures an allocation to China Life Insurance. It is represented within the portfolio holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.
China Life Insurance has current Standard Deviation of 2.9. The Standard Deviation is a measure of how spread out the prices or returns of an asset are on average. It is the most widely used risk indicator in the field of investing and finance. Standard Deviation is commonly used to measure confidence in statistical conclusions regarding certain equity instruments or portfolios of equities.
Standard Deviation | = | SQRT(V) |
| = | 2.9 | |
Standard Deviation Peers Comparison
Standard Deviation Relative To Other Indicators
China Life Insurance ranks
fourth among pink sheets in standard deviation across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly
4.57 Maximum Drawdown per unit of Standard Deviation. China Life Insurance carries a
4.57 x Maximum Drawdown-to-Standard Deviation ratio
Standard deviation is applied to the annual rate of return of an investment to measure the investment's volatility. Standard deviation is also known as historical volatility and is used by investors as a gauge for the amount of expected market volatility. A large standard deviation usually indicates that the data points are far from the mean and a small standard deviation indicates that they are clustered closely around the mean.
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