Premium Brands Standard Deviation
| PBH Stock | | | CAD 96.05 2.39 2.55% |
Reference data associated with the Standard Deviation technical indicator for Premium Brands Holdings. Availability may differ across exchanges, markets, and reporting intervals.
Premium Brands Holdings has current Standard Deviation of 1.5. 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) |
| = | 1.5 | |
Premium Brands Standard Deviation Peers Comparison
Premium Standard Deviation Relative To Other Indicators
Premium Brands Holdings lands at
#5 in standard deviation compared to key competitors. It is currently under evaluation in maximum drawdown compared to key competitors producing
4.50 in Maximum Drawdown for each unit of Standard Deviation. The spread between Maximum Drawdown and Standard Deviation for Premium Brands Holdings sits at
4.50 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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