Evolution Mining Standard Deviation
| EVN Stock | | | 13.32 0.36 2.78% |
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 Evolution Mining's current Standard Deviation with peer comparisons and related risk metrics.
Current Standard Deviation Value
Evolution Mining's Standard Deviation of 3.86 reflects moderate price variability. This places Evolution Mining within the typical volatility range for Stock.
Standard Deviation | = | SQRT(V) |
| = | 3.86 | |
Standard Deviation Peers Comparison
Evolution Mining falls above the 2.92 peer average for Standard Deviation. Asian Battery Metals leads at 4.97 while Insurance Australia Group registers the lowest at 0.361. Evolution Mining 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 Evolution Mining 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.
Comparing Standard Deviation (
3.86 ) to Maximum Drawdown (
16.15 ) for Evolution Mining yields a
4.18 multiple. This indicates Maximum Drawdown is significantly higher than Standard Deviation for Evolution Mining.
Methodology, Assumptions & Data Sources
Evolution Mining's Standard Deviation currently stands at 3.86. Standard Deviation for Evolution Mining is derived by applying a defined formula to historical price observations, producing a time-series of comparable readings. The underlying data comes from exchange-reported daily closes with corporate action adjustments applied where relevant. Indicator accuracy depends on data continuity across the calculation period. Gaps in trading history may affect the output.
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