Northern Lights Standard Deviation
| FDLS Etf | | | USD 36.61 -0.17 -0.46% |
The Standard Deviation lookup presents technical context for Northern Lights and related instruments. Coverage varies by data normalization and availability; see
Equity Screeners for broader screening context. Review
Investing Opportunities to understand diversified portfolio construction. Additional portfolio transparency improves capital positioning. This suggests a position in Northern Lights inside the allocation mix. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as
signals in state.
Northern Lights has current Standard Deviation of 1.1. 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) |
| = | 1.1 | |
Northern Lights Standard Deviation Peers Comparison
Northern Standard Deviation Relative To Other Indicators
Northern Lights maintains a
fourth standing in standard deviation across the ETF category. It is currently under evaluation in maximum drawdown across the ETF category yielding
5.20 of Maximum Drawdown per Standard Deviation. For Northern Lights, Maximum Drawdown stands at
5.20 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.
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