TMX Group Standard Deviation
| X Stock | | | CAD 48.12 0.52 1.09% |
The Standard Deviation lookup presents technical context for TMX Group Limited and related instruments. Data availability can vary by region and feed;
Equity Screeners provides broader screening access. TMX Group has a market cap of 13.24 B, operating margin of 45.57%, ROE of 9.76%.
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TMX Group Limited has current Standard Deviation of 1.7. 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) |
| = | 1.7 | |
TMX Group Standard Deviation Peers Comparison
TMX Standard Deviation Relative To Other Indicators
TMX Group Limited is evaluated as
fifth in standard deviation category among its top competitors. It is currently under evaluation. in maximum drawdown category among its top competitors reporting about
6.39 of Maximum Drawdown per Standard Deviation. The ratio of Maximum Drawdown to Standard Deviation for TMX Group Limited is roughly
6.39 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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