Sparta Capital Standard Deviation

SCAXF Stock  USD 0.0013  0.0003  30.00%   
Sparta Capital standard deviation lookup summarizes this and related technical indicators for Sparta Capital. Coverage varies by data normalization and availability; see Equity Screeners for broader screening context. Sparta Capital has a market cap of 7.72 M, operating margin of -15.07%. Use World Market Map to explore allocation context. This includes a position in Sparta Capital 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 median.
  
Sparta Capital has current Standard Deviation of 11.73. 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)

 = 
11.73
SQRT = Square root notation
V =   Variance of Sparta Capital returns

Sparta Capital Standard Deviation Peers Comparison

Sparta Standard Deviation Relative To Other Indicators

Sparta Capital 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 7.67 Maximum Drawdown per unit of Standard Deviation. Sparta Capital carries a 7.67 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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