Penguin Solutions Standard Deviation
| PENG Stock | | | 18.26 -0.72 -3.79% |
This technical indicator view for Standard Deviation organizes signals for Penguin Solutions and comparable instruments. Coverage varies by data normalization and availability; see
Equity Screeners for broader screening context. Review
Your Equity Center to understand diversified portfolio construction. Such insight adds context to allocation decisions within a diversified portfolio. This suggests a position in Penguin Solutions within the portfolio mix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in inflation.
For a detailed overview of how to trade Penguin Stock, see our
How to Trade Penguin Stock guide.
Penguin Solutions has current Standard Deviation of 3.3. 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) |
| = | 3.3 | |
Penguin Solutions Standard Deviation Peers Comparison
Penguin Standard Deviation Relative To Other Indicators
Penguin Solutions maintains a
fifth in Standard Deviation in standard deviation category among its top compatitors. It is currently under evaluation. in maximum drawdown category among its top compatitors reporting about
5.35 of Maximum Drawdown per Standard Deviation. The ratio of Maximum Drawdown to Standard Deviation for Penguin Solutions is roughly
5.35 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.
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.