Outset Medical Standard Deviation
| OM Stock | | | USD 3.70 -0.98 -20.94% |
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 Outset Medical's current Standard Deviation with peer comparisons and related risk metrics.
Current Standard Deviation Value
With Standard Deviation at 5.17, Outset Medical shows elevated price variability. This places Outset Medical toward the higher end of the volatility range for Health Care Equipment & Supplies.
Standard Deviation | = | SQRT(V) |
| = | 5.17 | |
Standard Deviation Peers Comparison
Outset Medical's Standard Deviation of 5.17 falls above the 4.6 peer average. Values range from 2.81 (Inogen Inc) to 7.71 (Tenaya Therapeutics), with wide dispersion across the group. Outset Medical 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 Outset Medical 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.
Outset Medical shows nearly
3.80 of Maximum Drawdown per unit of Standard Deviation (
5.17 versus
19.63 ). This indicates Maximum Drawdown is significantly higher than Standard Deviation for Outset Medical.
Methodology, Assumptions & Data Sources
Outset Medical has a current Standard Deviation reading of 5.17. The Standard Deviation for Outset Medical applies a standardized calculation to daily closing prices and, where applicable, volume data across the selected period. All inputs are based on exchange-reported closing prices, with adjustments for stock splits, dividends, and other corporate actions. Outset Medical operates in the health care sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. 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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