21Shares Polygon Standard Deviation
This dataset for 21Shares Polygon ETP reflects inputs used in the Standard Deviation calculation. Data availability for the calculation period determines indicator completeness. Diversification context is available through
Your Equity Center. This view summarizes available data without implying outcomes. 21Shares Polygon ETP can be added to a watchlist or portfolio for position tracking. All figures are based on reported data and are informational in nature. Broader economic conditions can influence 21Shares Polygon ETP's etf valuation — related indicators include
signals in inflation.
21Shares Polygon ETP has current Standard Deviation of 17.38. 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) |
| = | 17.38 | |
Standard Deviation Peers Comparison
Standard Deviation Relative To Other Indicators
21Shares Polygon ETP falls in the
second position for standard deviation relative to ETF peers. It stands at number one for maximum drawdown relative to ETF peers reflecting a
4.41 ratio of Maximum Drawdown to Standard Deviation. 21Shares Polygon ETP's Maximum Drawdown exceeds Standard Deviation by a factor of
4.41 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.
Compare 21Shares Polygon to Peers
Other Technical Indicators