BMO Long Standard Deviation
| ZPL Etf | | | CAD 11.76 -0.21 -1.75% |
The Standard Deviation indicator for BMO Long is constructed from normalized market data. Related indicator context is organized within
Equity Screeners. For portfolio construction context, review
Your Current Watchlist. Diversification context helps frame allocation across holdings. This suggests a position in BMO Long Provincial. The position sits inside the allocation mix. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as
signals in inflation.
BMO Long Provincial has current Standard Deviation of 0.5239. 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) |
| = | 0.5239 | |
Standard Deviation Peers Comparison
Standard Deviation Relative To Other Indicators
BMO Long Provincial lands at
#5 in standard deviation against similar ETFs. It is currently under evaluation in maximum drawdown against similar ETFs producing
3.67 in Maximum Drawdown for each unit of Standard Deviation. The spread between Maximum Drawdown and Standard Deviation for BMO Long Provincial sits at
3.67 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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