Alignment Healthcare Standard Deviation
| ALHC Stock | | | USD 18.25 0.11 0.61% |
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. Below is Alignment Healthcare's current Standard Deviation with peer comparisons and related risk metrics.
Current Standard Deviation Value
Alignment Healthcare has a Standard Deviation of 3.55, indicating moderate price variability. This places Alignment Healthcare within the typical volatility range for Health Care Providers & Services.
Standard Deviation | = | SQRT(V) |
| = | 3.55 | |
Standard Deviation Peers Comparison
Relative to peers, Alignment Healthcare's Standard Deviation is below the group average of 4.04. Peer readings range from 2.26 (Privia Health Group) to 8.35 (GRAIL LLC), reflecting wide dispersion across the sector. Alignment Healthcare has exhibited less price dispersion than the peer average over the measured period.
Standard Deviation Relative To Other Indicators
The chart below plots Standard Deviation against Maximum Drawdown for Alignment Healthcare and its peers. Each point represents one equity — position along the horizontal axis shows Standard Deviation while the vertical axis shows Maximum Drawdown. Equities that cluster in different quadrants carry distinct risk-return profiles. Use the dropdowns to swap in other indicators for either axis.
With Standard Deviation at
3.55 and Maximum Drawdown at
26.13 , Alignment Healthcare shows a
7.36 -to-one ratio between these indicators. This indicates Maximum Drawdown substantially exceeds Standard Deviation for Alignment Healthcare.
Methodology, Assumptions & Data Sources
Alignment Healthcare's Standard Deviation currently stands at 3.55. The Standard Deviation for Alignment Healthcare applies a standardized calculation to daily closing prices and, where applicable, volume data across the selected period. Inputs are drawn from end-of-day closing prices reported by supported exchanges, adjusted for splits and dividends where applicable. Alignment Healthcare operates in the health care sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. The calculation assumes continuous price data across the selected period. All readings are presented as reference data.
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