Gabelli Convertible Standard Deviation
| GCV Fund | | | USD 4.53 -0.04 -0.88% |
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 Gabelli Convertible's current Standard Deviation with peer comparisons and related risk metrics.
Current Standard Deviation Value
A Standard Deviation of 1.15 for Gabelli Convertible signals moderate price variability. This places Gabelli Convertible within the typical volatility range for Fund Funds.
Standard Deviation | = | SQRT(V) |
| = | 1.15 | |
Standard Deviation Peers Comparison
Gabelli Convertible falls above the 0.88 peer average for Standard Deviation. Hennessy Large Cap leads at 1.47 while Aberdeen Global High registers the lowest at 0.2613. Gabelli Convertible 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 Gabelli Convertible 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.
Gabelli Convertible produces
5.40 in Maximum Drawdown for each unit of Standard Deviation, with respective readings of
6.23 and
1.15 . This indicates Maximum Drawdown substantially exceeds Standard Deviation for Gabelli Convertible.
Methodology, Assumptions & Data Sources
Gabelli Convertible has a current Standard Deviation reading of 1.15. The Standard Deviation for Gabelli Convertible applies a standardized calculation to daily closing prices and, where applicable, volume data across the selected period. The underlying data comes from exchange-reported daily closes with corporate action adjustments applied where relevant. The calculation assumes continuous price data across the selected period. All readings are presented as reference data.
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