GoGold Resources Standard Deviation
| GLGDF Stock | | | USD 2.48 0.07 2.90% |
GoGold Resources standard deviation lookup summarizes this and related technical indicators for GoGold Resources. Some instruments may have limited coverage due to data differences;
Equity Screeners lists screening tools. GoGold Resources has market cap of 504.18 M, P/E of 6.68, operating margin of -8.54%. Use
Risk vs Return Analysis to explore allocation context. This includes a position in GoGold Resources across the allocation. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as
signals in discontinued.
GoGold Resources has current Standard Deviation of 4.54. 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) |
| = | 4.54 | |
GoGold Resources Standard Deviation Peers Comparison
GoGold Standard Deviation Relative To Other Indicators
GoGold Resources currently holds the
# 5 position in standard deviation category among its top compatitors. It is currently under evaluation. in maximum drawdown category among its top compatitors reporting about
5.28 of Maximum Drawdown per Standard Deviation. The ratio of Maximum Drawdown to Standard Deviation for GoGold Resources is roughly
5.28 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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