SPDR Refinitiv Standard Deviation
| GCVC Etf | | | CHF 44.73 -0.39 -0.86% |
Historical market data for SPDR Refinitiv Global forms the basis of the Standard Deviation indicator shown here. The calculation draws on time-series market data across available periods. Coverage may vary depending on data availability and normalization methods. Related indicator context is organized within
Equity Screeners. For portfolio construction context, review
Risk vs Return Analysis. Diversification context helps frame allocation across holdings. The construction of a diversified portfolio involves managing position exposure. This captures an allocation to SPDR Refinitiv Global. This is part of the broader portfolio composition. How positions are weighted depends on the construction approach used. Reported data is organized for reference and does not imply a course of action. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as
signals in inflation.
SPDR Refinitiv Global has current Standard Deviation of 0.8818. 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) |
| = | 0.8818 | |
Standard Deviation Peers Comparison
Standard Deviation Relative To Other Indicators
SPDR Refinitiv Global falls in the
third position for standard deviation relative to ETF peers. It is currently under evaluation for maximum drawdown relative to ETF peers reflecting a
4.85 ratio of Maximum Drawdown to Standard Deviation. SPDR Refinitiv Global's Maximum Drawdown exceeds Standard Deviation by a factor of
4.85 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 SPDR Refinitiv to Peers
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