TD Active Standard Deviation
| TUEX Etf | | | 28.88 -0.22 -0.76% |
The Standard Deviation technical lookup provides context for TD Active Enhanced and related instruments. Coverage varies by data normalization and availability; see
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TD Active Enhanced has current Standard Deviation of 1.11. 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) |
| = | 1.11 | |
TD Active Standard Deviation Peers Comparison
TUEX Standard Deviation Relative To Other Indicators
TD Active Enhanced lands at
#2 in standard deviation against similar ETFs. It is currently under evaluation in maximum drawdown against similar ETFs producing
6.37 in Maximum Drawdown for each unit of Standard Deviation. The spread between Maximum Drawdown and Standard Deviation for TD Active Enhanced sits at
6.37 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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