Nano X Standard Deviation
| NNOX Stock | | | USD 1.73 -0.03 -1.70% |
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 Nano X's current Standard Deviation with peer comparisons and related risk metrics.
Current Standard Deviation Value
Nano X carries a Standard Deviation of 4.98, consistent with elevated price variability. This places Nano X toward the higher end of the volatility range for Health Care Equipment & Supplies.
Standard Deviation | = | SQRT(V) |
| = | 4.98 | |
Standard Deviation Peers Comparison
Among sector peers, Nano X's Standard Deviation of 4.98 is above the 4.58 group average. The range runs from 2.81 (Inogen Inc) to 6.22 (Helius Medical Technologies). Nano X 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 Nano X 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.
Nano X's Maximum Drawdown of
31.58 runs about
6.34 times its Standard Deviation of
4.98 . This indicates Maximum Drawdown substantially exceeds Standard Deviation for Nano X.
Methodology, Assumptions & Data Sources
Nano X has a current Standard Deviation reading of 4.98. The Standard Deviation for Nano X 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. Nano X operates in the health care sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. 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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