SPDR Bloomberg Standard Deviation
| TBIL Etf | | | USD 119.11 0.05 0.04% |
Technical inputs supporting the Standard Deviation indicator for SPDR Bloomberg 1 3 are shown here. Values are derived from historical price and volume observations. Use
World Market Map to explore diversified allocation structure. The construction of a diversified portfolio involves managing position exposure. Adding SPDR Bloomberg 1 3 to a portfolio enables side-by-side comparison with other holdings. The allocation framework in use shapes how individual positions are weighted. Broader economic conditions can influence SPDR Bloomberg 1 3's etf valuation — related indicators include
signals in inflation.
SPDR Bloomberg 1 3 has current Standard Deviation of 0.0484. 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) |
| = | 0.0484 | |
Standard Deviation Peers Comparison
Standard Deviation Relative To Other Indicators
SPDR Bloomberg 1 3 is rated
below average for standard deviation relative to ETF peers. It is rated
below average for maximum drawdown relative to ETF peers reflecting a
6.62 ratio of Maximum Drawdown to Standard Deviation. SPDR Bloomberg 1 3's Maximum Drawdown exceeds Standard Deviation by a factor of
6.62 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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