Horizon Bancorp Standard Deviation
| HBNC Stock | | | USD 18.67 0.05 0.27% |
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 Horizon Bancorp's current Standard Deviation with peer comparisons and related risk metrics.
Current Standard Deviation Value
Horizon Bancorp carries a Standard Deviation of 1.63, consistent with moderate price variability. This places Horizon Bancorp within the typical volatility range for Stock.
Standard Deviation | = | SQRT(V) |
| = | 1.63 | |
Standard Deviation Peers Comparison
Among sector peers, Horizon Bancorp's Standard Deviation of 1.63 is above the 1.55 group average. The range runs from 1.19 (Capital City Bank) to 2.03 (NB Bancorp Common). Horizon Bancorp 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 Horizon Bancorp 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.
With Standard Deviation at
1.63 and Maximum Drawdown at
8.36 , Horizon Bancorp shows a
5.12 -to-one ratio between these indicators. This indicates Maximum Drawdown substantially exceeds Standard Deviation for Horizon Bancorp.
Methodology, Assumptions & Data Sources
Horizon Bancorp has a current Standard Deviation reading of 1.63. The Standard Deviation for Horizon Bancorp is produced by transforming raw price history into a standardized measure according to the indicator's defined methodology. Price data is sourced from standardized end-of-day feeds across supported exchanges, normalized for corporate actions. The output reflects the selected calculation window — changing the horizon will produce different readings. This stock metric is provided for analytical reference.
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