Clearfield Standard Deviation
| CLFD Stock | | | USD 27.77 -0.59 -2.08% |
This dataset for Clearfield reflects inputs used in the Standard Deviation calculation. All values reflect available price and volume data across reporting intervals. Clearfield has a market cap of 384.52 M, operating margin of -5.31%, ROE of 2.47%.
Trending Equities can help frame allocation decisions. The allocation shows a weighting toward Clearfield. The weighting is visible within the allocation breakdown. 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.
For more detail on how to invest in Clearfield Stock please use our
How to Invest in Clearfield Stock guide.
Clearfield has current Standard Deviation of 2.49. 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) |
| = | 2.49 | |
Standard Deviation Peers Comparison
Standard Deviation Relative To Other Indicators
Clearfield is rated
below average for standard deviation relative to top peers. It is currently under evaluation for maximum drawdown relative to top peers with a Maximum Drawdown-to-Standard Deviation ratio near
4.22 . The Maximum Drawdown to Standard Deviation ratio for Clearfield comes in at
4.22 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.
Compare Clearfield to Peers
Other Technical Indicators