Calamos Nasdaq Standard Deviation
| CPNQ ETF | | | 27.25 0.01 0.04% |
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 Calamos Nasdaq's current Standard Deviation with peer comparisons and related risk metrics.
Current Standard Deviation Value
With Standard Deviation at 0.2229, Calamos Nasdaq shows low price variability. This places Calamos Nasdaq at the lower end of the volatility range for ETF.
Standard Deviation | = | SQRT(V) |
| = | 0.2229 | |
Standard Deviation Peers Comparison
Calamos Nasdaq's Standard Deviation of 0.2229 falls below the 1.08 peer average. Values range from 0.4296 (FT Vest Equity) to 1.67 (Matthews China Discovery), with wide dispersion across the group. Calamos Nasdaq 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 Calamos Nasdaq 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.
Calamos Nasdaq's Standard Deviation reads
0.22 while Maximum Drawdown reads
1.48 , a
6.63 ratio between the two. This indicates Maximum Drawdown substantially exceeds Standard Deviation for Calamos Nasdaq.
Methodology, Assumptions & Data Sources
Calamos Nasdaq has a current Standard Deviation reading of 0.2229. This Standard Deviation reading for Calamos Nasdaq results from applying the indicator's calculation rules to price and volume data over the selected window. Data sources include daily closing prices from supported exchanges, with standard corporate action adjustments applied. Indicator accuracy depends on data continuity across the calculation period. Gaps in trading history may affect the output.
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