Wallbridge Mining Standard Deviation
| WM Stock | | | CAD 0.07 -0.01 -6.25% |
The Standard Deviation reading for Wallbridge Mining is computed from historical trading observations. Each data point is derived from standardized price and volume feeds. Wallbridge Mining has a market cap of 91.51 M, ROE of -3.76%.
Your Current Watchlist adds portfolio-level perspective. The portfolio structure is presented for analytical context. The allocation shows a weighting toward Wallbridge Mining. The position is captured in the allocation summary. Each holding is sized according to the methodology applied to the portfolio. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
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Wallbridge Mining has current Standard Deviation of 6.03. 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) |
| = | 6.03 | |
Standard Deviation Peers Comparison
Standard Deviation Relative To Other Indicators
Wallbridge Mining lands at
#5 in standard deviation compared to key competitors. It is currently under evaluation in maximum drawdown compared to key competitors producing
5.53 in Maximum Drawdown for each unit of Standard Deviation. The spread between Maximum Drawdown and Standard Deviation for Wallbridge Mining sits at
5.53 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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