RBC Quant Standard Deviation

RPDH ETF  CAD 34.15  0.35  1.04%   
The Standard Deviation indicator for RBC Quant is constructed from normalized market data. Related indicator context is organized within Equity Screeners. Use Your Equity Center to better understand diversified portfolio construction. All values are presented as reference data. Including RBC Quant European in a portfolio enables allocation and risk analysis. This view summarizes available data without implying outcomes. Broader economic conditions can influence RBC Quant European's ETF valuation — related indicators include signals in state.
RBC Quant European has current Standard Deviation of 0.8352. 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)

 = 
0.8352
SQRT = Square root notation
V =   Variance of RBC Quant returns

Standard Deviation Peers Comparison

Standard Deviation Relative To Other Indicators

RBC Quant European is rated below average in standard deviation against similar ETFs. It is currently under evaluation in maximum drawdown against similar ETFs producing 5.77 in Maximum Drawdown for each unit of Standard Deviation. The spread between Maximum Drawdown and Standard Deviation for RBC Quant European sits at 5.77
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 RBC Quant to Peers

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