Trilogy Metals Standard Deviation
| TMQ Stock | | | CAD 4.47 -0.31 -6.49% |
Technical inputs supporting the Standard Deviation indicator for Trilogy Metals are shown here. Additional screening context is available through
Equity Screeners. Trilogy Metals has a market cap of 771.28 M, ROE of -32.88%. See
World Market Map for portfolio-level analysis. This reflects a position in Trilogy Metals. The allocation approach determines the relative weighting of each position. 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.
For more detail on how to invest in Trilogy Stock please use our
How to Invest in Trilogy Stock guide. It provides a step-by-step overview of investing in Trilogy Metals stock.
Trilogy Metals has current Standard Deviation of 5.6. 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) |
| = | 5.6 | |
Standard Deviation Peers Comparison
Standard Deviation Relative To Other Indicators
Trilogy Metals lands at
#5 in standard deviation compared to key competitors. It is currently under evaluation in maximum drawdown compared to key competitors producing
4.81 in Maximum Drawdown for each unit of Standard Deviation. The spread between Maximum Drawdown and Standard Deviation for Trilogy Metals sits at
4.81 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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