Promimic Standard Deviation
| PRO Stock | | | 11.40 -1.10 -8.80% |
This technical indicator view for Standard Deviation organizes signals for Promimic AB and comparable instruments. Data availability can vary by region and feed;
Equity Screeners provides broader screening access. Promimic has a market cap of 299.81 M. See
Your Equity Center for portfolio-level analysis. This suggests a position in Promimic AB inside the allocation 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.
Promimic AB has current Standard Deviation of 5.89. 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) |
| = | 5.89 | |
Promimic Standard Deviation Peers Comparison
Promimic Standard Deviation Relative To Other Indicators
Promimic AB maintains a
third standing in standard deviation relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors yielding
5.00 of Maximum Drawdown per Standard Deviation. For Promimic AB, Maximum Drawdown stands at
5.00 times Standard Deviation
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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