BNY Mellon Standard Deviation
| BKLC ETF | | | USD 139.98 -0.60 -0.43% |
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 BNY Mellon's current Standard Deviation with peer comparisons and related risk metrics.
Current Standard Deviation Value
A Standard Deviation of 0.9602 for BNY Mellon signals low price variability. This places BNY Mellon at the lower end of the volatility range for ETF.
Standard Deviation | = | SQRT(V) |
| = | 0.9602 | |
Standard Deviation Peers Comparison
BNY Mellon falls below the 1.32 peer average for Standard Deviation. SPDR SAMPP Aerospace leads at 1.97 while Putnam Focused Large registers the lowest at 0.8307. BNY Mellon 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 BNY Mellon 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
0.96 and Maximum Drawdown at
3.72 , BNY Mellon shows a
3.88 -to-one ratio between these indicators. This indicates Maximum Drawdown is significantly higher than Standard Deviation for BNY Mellon.
Methodology, Assumptions & Data Sources
BNY Mellon has a current Standard Deviation reading of 0.9602. Standard Deviation for BNY Mellon is derived by applying a defined formula to historical price observations, producing a time-series of comparable readings. Inputs are drawn from end-of-day closing prices reported by supported exchanges, adjusted for splits and dividends where applicable. The calculation assumes continuous price data across the selected period. All readings are presented as reference data.
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