CI Canada Standard Deviation
| DGRC Etf | | | CAD 51.22 -0.09 -0.18% |
This dataset for CI Canada Quality reflects inputs used in the Standard Deviation calculation. Data availability for the calculation period determines indicator completeness. Review
Investing Opportunities for context on portfolio diversification. Allocation structure reflects how positions are distributed across the portfolio. CI Canada Quality can be evaluated within a portfolio framework for weight and risk impact. Position allocation is driven by the portfolio construction model in use. Broader economic conditions can influence CI Canada Quality's etf valuation — related indicators include
signals in inflation.
CI Canada Quality has current Standard Deviation of 0.9938. 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) |
| = | 0.9938 | |
Standard Deviation Peers Comparison
Standard Deviation Relative To Other Indicators
CI Canada Quality is rated
below average in standard deviation against similar ETFs. It is currently under evaluation in maximum drawdown against similar ETFs producing
4.50 in Maximum Drawdown for each unit of Standard Deviation. The spread between Maximum Drawdown and Standard Deviation for CI Canada Quality sits at
4.50 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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