Locafy Standard Deviation
| LCFY Stock | | | USD 4.12 -0.05 -1.20% |
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 Locafy's current Standard Deviation with peer comparisons and related risk metrics.
Current Standard Deviation Value
At 4.89, Locafy exhibits elevated price variability in Standard Deviation. This places Locafy toward the higher end of the volatility range for Movies & Entertainment.
Standard Deviation | = | SQRT(V) |
| = | 4.89 | |
Standard Deviation Peers Comparison
The peer group averages 6.7 for Standard Deviation, with Locafy at 4.89 falling below that level. Readings span 3.1 (Ucloudlink Group) to 16.39 (Onfolio Holdings). Locafy has exhibited less 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 Locafy 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.
Locafy's Maximum Drawdown of
21.62 runs about
4.42 times its Standard Deviation of
4.89 . This indicates Maximum Drawdown is significantly higher than Standard Deviation for Locafy.
Methodology, Assumptions & Data Sources
Locafy has a current Standard Deviation reading of 4.89. Standard Deviation for Locafy is derived by applying a defined formula to historical price observations, producing a time-series of comparable readings. Price data is sourced from standardized end-of-day feeds across supported exchanges, normalized for corporate actions. Locafy operates in the communication services sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. The calculation assumes continuous price data across the selected period. All readings are presented as reference data.
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