Velan Standard Deviation
| VLN Stock | | | CAD 16.00 0.12 0.76% |
This technical indicator view for Standard Deviation organizes signals for Velan Inc and comparable instruments. Coverage varies by data normalization and availability; see
Equity Screeners for broader screening context. Velan has a market cap of 377.75 M, operating margin of 1.59%, ROE of -26.89%. See
World Market Map for portfolio-level analysis. This suggests a position in Velan Inc 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 inflation.
Velan Inc has current Standard Deviation of 3.02. 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) |
| = | 3.02 | |
Velan Standard Deviation Peers Comparison
Velan Standard Deviation Relative To Other Indicators
Velan Inc is rated
below average in standard deviation compared to key competitors. It is currently under evaluation in maximum drawdown compared to key competitors producing
7.80 in Maximum Drawdown for each unit of Standard Deviation. The spread between Maximum Drawdown and Standard Deviation for Velan Inc sits at
7.80 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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