Ducgiang Chemicals Standard Deviation

DGC Stock   111,400  400.00  0.36%   
Ducgiang Chemicals standard-deviation technical analysis lookup allows you to check this and other technical indicators for Ducgiang Chemicals Detergent or any other equities. You can select from a set of available technical indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations and data normalization technicques. Please check also Equity Screeners to view more equity screening tools
  
Ducgiang Chemicals Detergent has current Standard Deviation of 1.42. 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)

 = 
1.42
SQRT = Square root notation
V =   Variance of Ducgiang Chemicals returns

Ducgiang Chemicals Standard Deviation Peers Comparison

Ducgiang Standard Deviation Relative To Other Indicators

Ducgiang Chemicals Detergent is rated # 5 in standard deviation category among its peers. It is rated # 4 in maximum drawdown category among its peers reporting about  6.12  of Maximum Drawdown per Standard Deviation. The ratio of Maximum Drawdown to Standard Deviation for Ducgiang Chemicals Detergent is roughly  6.12 
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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