Pirelli C Standard Deviation

PLLIF Stock  USD 6.89  0.15  2.23%   
The Standard Deviation technical lookup provides context for Pirelli C SpA and related instruments. Coverage varies by data normalization and availability; see Equity Screeners for broader screening context. Pirelli C has a market cap of 5.45 B, operating margin of 11.85%, ROE of 8.42%. Review Your Equity Center for broader portfolio context. This reflects a position in Pirelli C SpA within the portfolio mix. 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 gross domestic product.
  
Pirelli C SpA has current Standard Deviation of 2.72. 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)

 = 
2.72
SQRT = Square root notation
V =   Variance of Pirelli C returns

Pirelli C Standard Deviation Peers Comparison

Pirelli Standard Deviation Relative To Other Indicators

Pirelli C SpA is rated below average in standard deviation across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly 7.00 Maximum Drawdown per unit of Standard Deviation. Pirelli C SpA carries a 7.00 x Maximum Drawdown-to-Standard Deviation ratio
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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