Danaher Standard Deviation
| DHR Stock | | | USD 166.26 -0.26 -0.16% |
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 Danaher's current Standard Deviation with peer comparisons and related risk metrics.
Current Standard Deviation Value
At 1.72, Danaher exhibits moderate price variability in Standard Deviation. This places Danaher within the typical volatility range for Health Care Equipment & Supplies.
Standard Deviation | = | SQRT(V) |
| = | 1.72 | |
Standard Deviation Peers Comparison
The peer group averages 1.7 for Standard Deviation, with Danaher at 1.72 falling above that level. Readings span 1.3 (Medtronic PLC) to 2.44 (Boston Scientific Corp). Danaher has exhibited greater 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 Danaher 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.
Danaher's Standard Deviation reads
1.72 while Maximum Drawdown reads
8.70 , a
5.07 ratio between the two. This indicates Maximum Drawdown substantially exceeds Standard Deviation for Danaher.
Methodology, Assumptions & Data Sources
Danaher has a current Standard Deviation reading of 1.72. The Standard Deviation for Danaher applies a standardized calculation to daily closing prices and, where applicable, volume data across the selected period. All inputs are based on exchange-reported closing prices, with adjustments for stock splits, dividends, and other corporate actions. Danaher 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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