Caseys General Standard Deviation

CS2 Stock   580.00  -5.00  -0.85%   
Observed values used to calculate the Standard Deviation technical indicator for Caseys General Stores. Values may reflect normalized price or volume observations.
Caseys General Stores has current Standard Deviation of 1.67. 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)

 = 
1.67
SQRT = Square root notation
V =   Variance of Caseys General returns

Standard Deviation Peers Comparison

Standard Deviation Relative To Other Indicators

Caseys General Stores is rated below average in standard deviation relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors yielding 3.67 of Maximum Drawdown per Standard Deviation. For Caseys General Stores, Maximum Drawdown stands at 3.67 times Standard Deviation
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 Caseys General to Peers

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