LyondellBasell Industries Standard Deviation
| LYB Stock | | | USD 71.78 0.02 0.03% |
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 LyondellBasell Industries's current Standard Deviation with peer comparisons and related risk metrics.
Current Standard Deviation Value
The current Standard Deviation of 3.48 places LyondellBasell Industries at moderate price variability. This places LyondellBasell Industries within the typical volatility range for Commodity Chemicals.
Standard Deviation | = | SQRT(V) |
| = | 3.48 | |
Standard Deviation Peers Comparison
LyondellBasell Industries's Standard Deviation of 3.48 falls above the 3.0 peer average. Values range from 1.68 (Reliance Steel Aluminum) to 4.16 (Albemarle Corp), with moderate dispersion across the group. LyondellBasell Industries 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 LyondellBasell Industries 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.
LyondellBasell Industries's Maximum Drawdown of
22.31 runs about
6.40 times its Standard Deviation of
3.49 . This indicates Maximum Drawdown substantially exceeds Standard Deviation for LyondellBasell Industries.
Methodology, Assumptions & Data Sources
LyondellBasell Industries' Standard Deviation currently stands at 3.48. LyondellBasell Industries' Standard Deviation is computed from historical closing prices over the selected time horizon, applying the indicator's defined mathematical transformation to raw price data. Price data is sourced from standardized end-of-day feeds across supported exchanges, normalized for corporate actions. LyondellBasell Industries operates in the basic materials sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. Indicator accuracy depends on data continuity across the calculation period. Gaps in trading history may affect the output.
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