Valeura Energy Standard Deviation
| VLE Stock | | | CAD 13.36 0.66 5.20% |
Valeura Energy standard deviation lookup summarizes this and related technical indicators for Valeura Energy. Coverage depends on data availability and normalization;
Equity Screeners provides additional screening context. Valeura Energy has a market cap of 1.41 B, operating margin of 29.3%, ROE of 57.15%. Use
World Market Map to explore allocation context. This includes a position in Valeura Energy in the portfolio view. 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.
Valeura Energy has current Standard Deviation of 2.29. 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) |
| = | 2.29 | |
Valeura Energy Standard Deviation Peers Comparison
Valeura Standard Deviation Relative To Other Indicators
Valeura Energy is rated
below average. in standard deviation category among its top competitors. It is currently under evaluation. in maximum drawdown category among its top competitors reporting about
4.58 of Maximum Drawdown per Standard Deviation. The ratio of Maximum Drawdown to Standard Deviation for Valeura Energy is roughly
4.58 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.
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.