IShares Currency Standard Deviation
| HEEM ETF | | | USD 40.80 0.82 2.05% |
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 IShares Currency's current Standard Deviation with peer comparisons and related risk metrics.
Current Standard Deviation Value
The Standard Deviation of 1.5 for IShares Currency indicates moderate price variability. This places IShares Currency within the typical volatility range for ETF.
Standard Deviation | = | SQRT(V) |
| = | 1.5 | |
Standard Deviation Peers Comparison
The peer group averages 1.38 for Standard Deviation, with IShares Currency at 1.5 falling above that level. Readings span 0.3706 (iShares Intl High) to 2.61 (iShares MSCI Peru). IShares Currency 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 IShares Currency 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.
IShares Currency shows nearly
4.54 of Maximum Drawdown per unit of Standard Deviation (
1.50 versus
6.82 ). This indicates Maximum Drawdown is significantly higher than Standard Deviation for IShares Currency.
Methodology, Assumptions & Data Sources
IShares Currency's Standard Deviation currently stands at 1.5. This Standard Deviation reading for IShares Currency results from applying the indicator's calculation rules to price and volume data over the selected window. All inputs are based on exchange-reported closing prices, with adjustments for stock splits, dividends, and other corporate actions. Results are based on historical returns and do not predict future performance. This indicator is provided for informational purposes.
Other Technical Indicators