Entra ASA Standard Deviation
| ENTOF Pink Sheet | | | USD 11.17 -0.71 -5.98% |
The Standard Deviation signal for Entra ASA reflects patterns observed in trading data. All inputs are based on actual trading observations from supported exchanges. Entra ASA has a market cap of 2.24 B, operating margin of 84.87%, current ratio of 0.26. Use
Investing Opportunities to view allocation positioning. Entra ASA can be evaluated within a portfolio framework for weight and risk impact. All metrics are derived from available inputs and shown for reference. Broader economic conditions can influence Entra ASA's company valuation — related indicators include
signals in metropolitan statistical area.
Entra ASA has current Standard Deviation of 0.8711. 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) |
| = | 0.8711 | |
Standard Deviation Peers Comparison
Standard Deviation Relative To Other Indicators
Entra ASA is rated
below average in standard deviation across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly
6.86 Maximum Drawdown per unit of Standard Deviation. Entra ASA carries a
6.86 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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