Innovator Russell Standard Deviation
| KOCT ETF | | | USD 36.33 0.17 0.47% |
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 Innovator Russell's current Standard Deviation with peer comparisons and related risk metrics.
Current Standard Deviation Value
Innovator Russell's Standard Deviation of 0.7072 reflects low price variability. This places Innovator Russell at the lower end of the volatility range for ETF.
Standard Deviation | = | SQRT(V) |
| = | 0.7072 | |
Standard Deviation Peers Comparison
Relative to peers, Innovator Russell's Standard Deviation is above the group average of 0.6. Peer readings range from 0.2846 (Innovator Equity Accelerated) to 0.8915 (Innovator Equity Accelerated), reflecting wide dispersion across the sector. Innovator Russell 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 Innovator Russell 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 (
0.71 ) to Maximum Drawdown (
3.27 ) for Innovator Russell yields a
4.63 multiple. This indicates Maximum Drawdown is significantly higher than Standard Deviation for Innovator Russell.
Methodology, Assumptions & Data Sources
The current Standard Deviation for Innovator Russell is 0.7072. The Standard Deviation for Innovator Russell applies a standardized calculation to daily closing prices and, where applicable, volume data across the selected period. Data sources include daily closing prices from supported exchanges, with standard corporate action adjustments applied. Values are specific to the selected time horizon and may differ across measurement periods. This indicator does not constitute investment advice.
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