Global X Standard Deviation
| HCON Etf | | | CAD 14.55 -0.04 -0.27% |
This dataset for Global X Conservative reflects inputs used in the Standard Deviation calculation. Values are derived from historical price and volume observations. Use
Risk vs Return Analysis to explore diversified allocation structure. All values are presented as reference data. Global X Conservative can be included in a portfolio to evaluate diversification impact. All values are presented as reference data. Broader economic conditions can influence Global X Conservative's etf valuation — related indicators include
signals in inflation.
Global X Conservative has current Standard Deviation of 0.4565. 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) |
| = | 0.4565 | |
Standard Deviation Peers Comparison
Standard Deviation Relative To Other Indicators
Global X Conservative is rated
below average in standard deviation against similar ETFs. It is currently under evaluation in maximum drawdown against similar ETFs producing
5.15 in Maximum Drawdown for each unit of Standard Deviation. The spread between Maximum Drawdown and Standard Deviation for Global X Conservative sits at
5.15 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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